North America Payroll Senior Manager

Invesco - Atlanta, GA

Part-time,Full-time - Senior

Atlanta, GA

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

Invesco is searching for a seasoned Senior Payroll Manager with worldwide payroll experience. The Senior Payroll Manager will manage multiple direct reports, responsible for United States and Canadian payroll runs and off-cycle requests. The successful candidate will look to increase efficiency while adhering to proper controls. This position requires excellent interpersonal skills to effectively work with multiple departments as well as the third-party payroll provider. Additionally, this position is responsible for the global execution of employee stock purchase plans, restricted stock plans, and annual bonus plans as they apply to employee compensation included in payroll. The successful candidate will need to be flexible to address any payroll issues that might arise and lead projects for changes to processes and tools as necessary. Analytical skills are a must, as there is significant data involved, and the ability to catch issues before payroll is released is critical.

Responsibilities

• Ensuring that the United States and Canadian payroll process and related transactions are executed timely and accurately.
• Managing a team responsible for routine payroll runs as well as off-cycle requests, ensuring compliance with rules/regulations and company policies.
• Resolving escalations and partnering with key stakeholders to ensure reporting and other operational needs are met.
• Ensuring adherence to the corporate payroll strategy and objectives.
• Organizing and overseeing planning and execution of the payroll function and related services.
• Managing relationship with payroll provider and other outsourcers as applicable.
• Collaborating cross-functionally with other departments (e.g., Finance, Benefits, HR, IT).
• Directing and evaluating activities of assigned payroll team and employees engaged in collecting and recording hours of work, processing time records, compiling payroll statistics, maintaining payroll control records, and calculating payroll.
• Overseeing and approving the payroll processing, payroll taxes, wage attachments.
• Maintaining payroll standard operating procedures and oversight of the adherence to policy and procedures, as well as internal controls.
• Measuring both individual and team performance relative to goals and objectives (i.e., operational metrics, adherence to predetermined SLAs, results against project timelines, training documentation, attendance records, knowledge of operational roles and responsibilities, personal development goals).
• Ensuring compliance with internal policies and controls, as well as compliance with external laws and regulatory guidance (e.g., SOX).
• Overseeing payroll related accounting journal entries and reconciliations.
• Investigating, reviewing and signing-off on resolutions to tax notices related to payroll filings.
• Overseeing and reviewing disbursements related to the employee stock purchase plan, bonus, dividends, and stock options.
• Overseeing and reviewing multi-state or country allocations for those employees who have earnings in multiple states or countries.
• Collecting data required for external audit and coordination with the Tax Department for responses to the jurisdiction.

Requirements

• Experience in payroll for a large multi-national company in a leadership role.
• Twelve or more years of Payroll processing and withholding experience with eight years of leadership and an emphasis in North America.
• Proficient understanding of payroll processes, controls, financial compliance, and regulations.
• Experience managing third party vendors.
• Proficiency in Workday.
• Excellent verbal and written communication skills to effectively communicate with employees, other departments, peers, and the third-party provider.
• A sense of urgency in solving requests to ensure timely resolution and an ability to work under pressure, multi-task, and meet deadlines.
• Ability to influence others, identify problems, and recommend a course of action.
• Experience in improving payroll processes to maximize efficiency and deliver quality services.
• Ability to process complex information and quickly identify innovative solutions that meet both internal and business partner requirements.
• Effectively managing several direct reports and the ability to delegate without losing accuracy and timeliness.
• Strong knowledge of employee benefit and incentive plans as they relate to payroll.

Benefits

• Flexible paid time off
• Hybrid work schedule
• 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
• Health & wellbeing benefits
• Parental Leave benefits
• Employee stock purchase plan