Parker Hannifin - Lakewood, OH
posted 4 months ago
The Senior Manager, Payroll and Payroll Accounting is responsible for overseeing and directing the preparation and processing of all compensation programs in the USA, including the payment of taxes, garnishments, and deductions. This role involves the preparation of monthly, quarterly, and annual reports, as well as tax reports. The Senior Manager will ensure compliance with payroll Escheatment regulations and will be tasked with defining and implementing leading practices and continuous improvement initiatives for the Team Member Compensation processing function. In this position, the Senior Manager will manage the acquisition integration for all team member compensation processing and will oversee the imputed income and year-end tax forms. The role requires analyzing, recording, and overseeing accounting entries and account reconciliations related to employee compensation benefits. The Senior Manager will also be responsible for the accurate processing of equity and executive compensation programs, ensuring proper tax equalization and hypothetical tax for expatriates in partnership with a third-party tax provider. The Senior Manager will coordinate with Total Rewards and Human Resources teams on the implementation of new programs and will work closely with IT to implement new system requirements and continuous improvement initiatives. Additionally, this role includes managing payroll tax payments and filing returns, overseeing the relationship with a third-party unemployment provider, and maintaining compliance with Audit, Sarbanes, and Tax requirements. The Senior Manager will develop metrics for continuous improvement, manage and develop staff, and maintain an organizational structure that supports current and future business needs. This position also involves overseeing Team Member Compensation processing software and maintaining relationships with internal customers and key stakeholders while ensuring the confidentiality of sensitive information.