Payroll Manager

Saluda Medical - Minneapolis, MN

Full-time - Mid Level

Minneapolis, MN

Administrative and Support Services

About the position

The Payroll Manager at Saluda Medical will be a pivotal figure in the payroll processing team, responsible for overseeing the payroll systems environment and ensuring the timely and accurate submission of payroll for both U.S. and international employees and contractors. This role is crucial in developing scalable processes that can adapt to the company's growth and the evolving needs of its workforce. The ideal candidate will possess a strong understanding of payroll software, demonstrating accuracy and efficiency in their work. Attention to detail, organizational skills, and the ability to handle sensitive information with discretion are essential traits for success in this position. In this role, the Payroll Manager will oversee the semi-monthly and biweekly payroll cycles, ensuring that all aspects of payroll, including taxes, benefits, garnishments, and other deductions, are processed accurately. Compliance with company policies and legal regulations is paramount, and the Payroll Manager will be responsible for maintaining records and processes that adhere to these standards. The position also involves entering weekly payroll journal entries and reconciling general ledger account balances, which requires a meticulous approach to data management. Collaboration with HR and accounting teams is a key aspect of this role, as the Payroll Manager will need to verify employee data and accounts to ensure accuracy in payroll processing. The successful candidate will also conduct various audits, document procedures, and implement best practices to enhance the payroll function. Additionally, the Payroll Manager will lead the implementation of a new payroll system designed to support an expanding workforce, making this a dynamic and impactful role within the organization.

Responsibilities

• Oversee and process semi-monthly and biweekly payroll for U.S. and International employees and contractors.
• Ensure accuracy of taxes, benefits, garnishments, and other deductions.
• Ensure records and processes comply with company and legal regulations.
• Enter weekly payroll journal entries and reconcile GL account balances.
• Coordinate with HR and accounting to verify employee data and accounts.
• Effectively perform various audits, document procedures, and implement best practices.
• Manage and resolve any issues related to payroll.
• Implementation of a new payroll system capable of supporting an expanding workforce.

Requirements

• Bachelor's degree in finance, accounting, business administration, or related degree.
• 4+ years of payroll experience.
• In-depth knowledge of payroll processes, tax regulations, and compliance.
• Excellent attention to detail and accuracy in data entry.
• Strong organizational and time-management skills.
• Effective communication and interpersonal skills.
• Ability to work independently and collaboratively in a team environment.