Payroll Manager - Houston - 1307

Key Energy Services - Houston, TX

Full-time - Mid Level

Houston, TX

Support Activities for Mining

About the position

The Payroll Manager position at Key Energy Services is a critical role responsible for overseeing payroll operations, ensuring the accurate preparation, reconciliation, processing, and distribution of employee wages, taxes, and journal entries. This position requires a strong understanding of payroll compliance with both company policies and state and federal regulations. The Payroll Manager will manage the calculation of wages, overtime pay, and deductions, ensuring that all pay adjustments are accurate and compliant with applicable laws. In this role, the Payroll Manager will lead the payroll operations team, managing day-to-day activities and resolving any payroll discrepancies with minimal guidance. The manager will be responsible for the correct input and import of all pay-related data, including hours worked, bonuses, and adjustments. A key aspect of the role involves developing, coaching, and training the payroll operations team, providing clear direction for handling non-recurring transactions and adjustments. The Payroll Manager will also ensure adherence to all state and federal pay-related laws, including the Fair Labor Standards Act (FLSA) regarding overtime. Establishing and maintaining payroll controls and procedures for Sarbanes-Oxley (SOX) compliance is essential. The manager will create payroll queries to assist with pre- and post-payroll balancing and audits, ensuring timely and accurate payment of employee wages while promptly resolving any errors. Additionally, the Payroll Manager will manage the annual year-end W-2 reconciliation process, participate in testing changes for payroll enhancements or regulatory updates, and assess payroll processes for effectiveness, implementing improvements to increase efficiency and service quality. The role also involves partnering with third-party vendors and ensuring compliance with payroll and tax services, as well as collaborating with field office timekeeping administrators to ensure accurate reporting of hours.

Responsibilities

• Manage and oversee the day-to-day activities of the payroll operations team; resolve payroll discrepancies, with minimal direction or guidance.
• Manage the correct input/import of all pay related data such as hours imports, late hours, bonuses, adjustments and corrections, with minimal direction or guidance.
• Develop, coach, motivate and train payroll operations team. Provide clear direction and guidance to subordinates for all non-recurring transactions, corrections, reversals and adjustments.
• Ensure adherence to all state and federal pay related laws, including FLSA overtime.
• Establish and maintain payroll controls and payroll related procedures for SOX compliance.
• Create payroll queries to ensure accuracy and to assist with pre- and post-payroll balancing and audits.
• Ensure accurate and timely payment of employee wages and the prompt and accurate resolution of any errors.
• Manage the annual year-end W-2 reconciliation process; ensuring complete accuracy and timeliness.
• Participate in the testing of all changes that support and implement payroll enhancements or regulatory updates.
• Manage other projects and new initiatives as required.
• Assess payroll processes and procedures for effectiveness and implement changes for improvement to increase efficiency and service quality.
• Partner with and manage 3rd party vendors, payroll/tax services, pay cards, etc. Ensure compliance.
• Interact and team with field office time keeping administrators to ensure accurate reporting of hours.

Requirements

• Bachelor's degree in accounting, Business Administration or a related field of study.
• Minimum of five (5) years of work experience in processing payroll for large companies with over 1000 employees, with multi-state environment.
• Strong attention to detail and strong organizational skills.
• CPP or FPC designation desirable.
• Understanding of tax laws, multi-state tax, non-resident tax, and the ability to identify and research unusual pay events.
• Understanding of federal and state garnishment/child support calculation laws and regulations.
• Knowledge of ADP, Enterprise payroll system preferred.
• Strength in systems and office applications. WorkForce, EmpCenter, Microsoft Office, highly desired.
• Prior supervisory/managerial experience required.
• Professional and effective customer focus with excellent communications skills.

Benefits

• Medical Insurance
• Vision and Dental Insurance
• Life Insurance
• 401(k) with company match
• Education assistance
• Short-Term Disability
• Paid time-off