Job Brief
This Payroll Director job description template can be used to advertise job openings and recruit qualified candidates for your company.
Job Description
- ● Set up and maintain functional payroll systems
- ● Streamline and document compensation procedures
- ● Audit payroll transactions to ensure all amounts and payment dates are accurate
- ● Approve one-time or permanent changes in payroll (e.g. salary increases, tax deduction, bonuses, expense reimbursements)
- ● Train employees who are involved in payroll on tax regulations and best practices
- ● Manage payroll discrepancies quickly and efficiently
- ● Ensure compliance with all payroll and tax laws
- ● Collaborate with Finance and HR to create payroll reports and forecasts
- ● Prepare onboarding material that will help new hires understand the company’s compensation and benefits policies
- ● Coordinate external audits
- ● Answer payroll-related questions from employees
- ● Stay up-to-date with labor legislation and any changes in employee insurance and tax regulations
Job Requirements
- ● Proven experience as a Payroll Director or Payroll Manager
- ● Hands-on experience with payroll software like Oracle or BambooHR
- ● Familiarity with HRIS
- ● In-depth knowledge of labor legislation and tax regulations
- ● A high level of discretion and integrity when handling sensitive employee information
- ● BSc in Human Resources Management or Finance
- ● MBA or Master’s in Accounting is a plus