Upl Limited (Formerly Known As United Phosphorus Ltd.) - Cary, NC
posted 4 months ago
As a Payroll and Benefits Manager for UPL Limited, you will play a crucial role in overseeing payroll operations for employees in the United States and Canada. This position requires a comprehensive understanding of payroll practices, taxation compliance, and employee benefits administration across both countries. You will be responsible for managing the end-to-end payroll processes, which includes data collection, verification, calculation, and distribution of employee payments. Ensuring accuracy and compliance with federal, state/provincial, and local tax regulations, as well as labor laws, is paramount in this role. You will need to stay informed about the differences in payroll, tax, and labor laws between the United States and Canada, ensuring that payroll practices comply with regulations in each jurisdiction. Coordination with payroll service providers, tax authorities, and other external vendors will be essential to ensure smooth and accurate payroll processing and compliance. Additionally, you will manage tax compliance for both countries, including withholding and remitting payroll taxes, issuing tax forms such as W-2s in the U.S. and T4s in Canada, and ensuring accurate reporting to tax authorities. In addition to payroll management, you will administer employee benefits programs, which include health insurance, retirement plans, and other benefits. This involves partnering with benefits brokers to select and manage benefit providers, negotiating contracts, and ensuring compliance with relevant laws and regulations. You will maintain accurate payroll and benefits records, prepare and distribute payroll reports, and provide insights into payroll costs and trends. Collaboration with HR Business Partners and Taxation advisors will be necessary to manage payroll processes for expatriates/inpatriates and to communicate payroll and benefits-related information to employees effectively. Your role will also involve developing and maintaining payroll and benefits policies and procedures that comply with relevant laws in both the United States and Canada, utilizing external vendor support for benefit programs and policies.