Payroll Manager - Chicago, United States - Byline Bank.

Byline Bank.
Byline Bank.
Verified Company
Chicago, United States

1 week ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter


Description

Position Description

Title:
Payroll Manager


Grade: 08

Division:
Human Resources


Job Code:
HRS210


Reports To:
Compensation Director


FLSA Status:
Exempt


Objective of Position:


The Payroll Manager is responsible for the overall operation of the Payroll function; accuracy of work product; timely response to payroll inquiries/problem resolution requests; timely submission of reports; and ensuring that deadlines are met for all requests while adhering to established internal controls.

In addition, this position will be responsible for partnering with Human Resources, Finance, and other departments to ensure the accuracy of all employee payroll entries.


Duties and responsibilities:


  • Manages payroll for 900+ employees for a single U.S. legal entity, including daily payrollrelated inquiries.
  • Processes, reviews, and balances payroll for exempt and nonexempt employees, ensuring payrollrelated transactions are processed accurately and timely.
  • Processes, reviews, and balances salary expense and payroll taxes related to equitybased transactions.
  • Processes participant 401(k) contributions and loan payments, including submitting files to third party processor; processes and reviews employer 401(k) match.
  • Processes contributions to the employee stock purchase program, including submitting files to third party processor.
  • Manages payroll compliance matters, such as multistate/multijurisdiction tax withholding, garnishments, and key annual audits (e.g. 401(k) audit, worker's compensation, and external financial audit).
  • Maintains department operating practices and procedures to ensure compliance with proper internal controls and all applicable laws.
  • Manages/supports Payroll module of ADP system.
  • Production and analysis of monthly payrollrelated expenses.
  • Application of Federal and State regulations and Fair Labor Standard Act legislation related to payroll processing.
  • Establishes adhoc reports through ADP's business intelligence reporting tool.
  • All other duties as assigned.
  • Note: Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time._

Qualifications:


  • Bachelor's degree in Accounting or Finance, preferred or equivalent experience.
  • Familiarity with ADP Workforce Now
  • Certified Payroll Professional, a plus
  • 5+ years of experience with payrollrelated functions
  • 3+ years of experience managing and leading staff
  • Experience with payroll taxation, Illinois and Federal Labor and Wage Regulations
  • Experience with equitybased payroll processing, such as restricted stock awards, stock options
  • Familiarity with Multistate Labor and Wage Regulations
  • Strong partnership and collaborative style with outstanding communication skills (written, verbal and presentation).
  • Ability to meet deadlines while managing multiple priorities.
  • Critical thinking and problemsolving skills.
  • Strong accounting and math skills.
  • Ability to handle highly confidential information and manage information with utmost integrity.
  • Experience with Microsoft Windows suite (Excel, Word, Outlook) and business intelligence reporting tool.

PHYSICAL DEMANDS/WORK ENVIRONMENT:

Usual office environment with frequent sitting, walking, and standing, and occasional climbing, stooping, kneeling, crouching, crawling, and balancing. Frequent use of eye, hand, and finger coordination enabling the use of office equipment. Oral and auditory capacity enabling interpersonal communication as well as communication through automated devices.

Byline Bank offers competitive industry rate salary bands with the goal of retaining and growing talented individuals. We regularly review and adjust our compensation structure as needed to ensure equity across teams and levels.

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