Explore the critical requirements, core duties, primary responsibilities, and key skills that should be included in a comprehensive Payroll Director job description.
What does a Payroll Director do?
A Payroll Director, also known as a payroll manager, is responsible for managing all payroll procedures within a company. This includes making sure employees are paid accurately and on time, overseeing the payroll team, and reporting any issues to upper management.
Job Description
We are seeking a dynamic Payroll Director to join our company's financial department. In this role, you will be responsible for overseeing all aspects of payroll operations, including approving payments, reviewing changes, and creating reports for management.
To be successful in this position, you should have strong financial skills and be able to develop effective strategies for improving payroll systems. Additionally, you should have excellent leadership abilities and be able to manage a team of payroll personnel.
Job Duties and Responsibilities
- Manage all aspects of the payroll process, including approving transactions and reviewing exemptions
- Make necessary changes to individual payrolls as directed by management, such as tax deductions or salary adjustments
- Maintain payroll systems and report any issues to upper management
- Supervise payroll personnel and ensure compliance with best financial practices
- Audit payroll transactions to ensure accuracy and compliance with tax laws
- Create monthly and annual payroll reports for management review
- Ensure all payroll systems comply with federal tax laws
- Address any payroll-related questions or concerns from employees
Requirements and Qualifications
- Bachelor's degree in finance, human resource management, or a similar field
- At least three years of experience as a payroll director or manager
- Strong knowledge of payroll software, such as Paycor, Zenefits, and UZIO
- Familiarity with labor laws and federal tax regulations
- Ability to handle sensitive employee information ethically
- Excellent data entry and management skills
- Strong organizational and time management abilities
- Good interpersonal skills and ability to work well with others
Alternate Job Titles
- Payroll Operations Director
Payroll Director Salary
The earning potential of a Payroll Director can vary significantly based on factors such as geographic location, industry, professional experience, educational background, and the specific employer. On average, the annual salary for an Payroll Director in the United States is approximately $160603.
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