Vaco - Irving, TX
posted 6 months ago
The Payroll Manager position at Vaco in Irving, TX, is a hybrid role that plays a crucial part in managing payroll operations for a private equity-backed client with a nationwide presence. This role is ideal for individuals who thrive in high-volume environments and are accustomed to handling multiple tasks simultaneously. The Payroll Manager will be responsible for maintaining payroll information by designing systems and directing the collection, calculation, and entry of data. This includes updating payroll records by reviewing and approving changes in exemptions, insurance coverage, savings deductions, and job titles, as well as managing department and division transfers. The role also involves ensuring timely payment to employees through the production and issuance of paychecks or electronic transfers to bank accounts. In addition to payroll processing, the Payroll Manager will prepare comprehensive reports that summarize earnings, taxes, deductions, leave, disability, and nontaxable wages. The position requires determining payroll liabilities by approving the calculation of employee federal and state income taxes, social security taxes, and employer contributions for social security, unemployment, and workers' compensation payments. The Payroll Manager will also be responsible for balancing payroll accounts by resolving discrepancies and providing payroll information by addressing questions and requests from employees. Maintaining compliance with federal, state, and local legal requirements is a critical aspect of this role. The Payroll Manager will study existing and new legislation, enforce adherence to requirements, and advise management on necessary actions. Confidentiality is paramount, and the Payroll Manager must maintain employee confidence and protect payroll operations by keeping sensitive information secure. Continuous professional development is encouraged, and the Payroll Manager will be expected to attend educational workshops, review professional publications, and participate in professional societies to maintain technical knowledge. The role also includes operational responsibilities such as scheduling and assigning employees, following up on work results, and maintaining payroll staff by recruiting, selecting, orienting, and training new employees. The Payroll Manager will oversee the performance of payroll staff by counseling, disciplining, and appraising job results, contributing to team efforts by accomplishing related results as needed.