What are the responsibilities and job description for the SR PAYROLL ACCOUNTANT position at CosmoProf Beauty?
Job Description
Senior Payroll Accountant
This position is hybrid working from our Legacy West Support Center located in Plano, Texas
About Sally Beauty Holdings, Inc.
At SBH, our purpose is to inspire a more colorful, confident, and welcoming world. We are the leader in professional hair color, selling and distributing professional beauty supplies across 11 countries through our Sally Beauty and Beauty Systems Group businesses. Sally Beauty offers products for hair color, hair care, nails, and skin care to retail customers looking for salon quality products at a value price. Beauty Systems Group, branded as Cosmo Prof or Armstrong McCall stores, along with its direct sales consultants, sell professionally branded products intended for use and resale by salons to retail consumers.
About The Role
The Senior Payroll Accountant is responsible for executing full-cycle accounting processes for assigned sections of the balance sheet and related business processes in compliance with company standards. Will partner cross-functionally to understand the business transaction and ensure that transactional activity is complete and coded accurately in both the Oracle cloud and General Ledger. This position will be critical in ensuring Payroll budget, financial statements are accurate for all payroll accounts.
Responsibilities
This will be a hybrid role required to be onsite at the corporate office on specified days. The work environment generally involves everyday risks or discomforts which require normal safety precautions typical of such places as offices, meeting and training rooms, retail stores, and residences or commercial vehicles, e.g., use of safe work practices with office equipment, avoidance of trips and falls, observance of fire regulations and traffic signals, etc. The work area is adequately lighted, heated, and ventilated.
The work is sedentary. Typically, the employee may sit comfortably to do the work. However, there may be some walking, standing, bending, and occasionally requires carrying, moving and setting up of computers, for example desktops, monitors, printers, and other small hardware in the testing lab.
Benefits
We offer a competitive salary and outstanding benefits package that includes medical, dental, vision, life Insurance, paid vacation and sick days, paid holidays, tuition reimbursement and 401(k) with company match. In addition, associates of SBH may take advantage of our in-house salon with complementary services and a varied selection of food options at our corporate campus. Also, featured at our corporate campus, is both a Sally Beauty and CosmoProf Professional onsite store, where associates enjoy a great merchandise discount!
Senior Payroll Accountant
This position is hybrid working from our Legacy West Support Center located in Plano, Texas
About Sally Beauty Holdings, Inc.
At SBH, our purpose is to inspire a more colorful, confident, and welcoming world. We are the leader in professional hair color, selling and distributing professional beauty supplies across 11 countries through our Sally Beauty and Beauty Systems Group businesses. Sally Beauty offers products for hair color, hair care, nails, and skin care to retail customers looking for salon quality products at a value price. Beauty Systems Group, branded as Cosmo Prof or Armstrong McCall stores, along with its direct sales consultants, sell professionally branded products intended for use and resale by salons to retail consumers.
About The Role
The Senior Payroll Accountant is responsible for executing full-cycle accounting processes for assigned sections of the balance sheet and related business processes in compliance with company standards. Will partner cross-functionally to understand the business transaction and ensure that transactional activity is complete and coded accurately in both the Oracle cloud and General Ledger. This position will be critical in ensuring Payroll budget, financial statements are accurate for all payroll accounts.
Responsibilities
- Responsible for the maintenance and reconciliation of all payroll related general ledger accounts, weekly costing reports and balancing. Books journal entries for all payroll runs (on-cycle & off-cycle), reconcile payroll accounts, ad hoc reporting, reporting metrics, and completing analysis as requested by financial analysts, internal and external audit and management.
- Participates in all aspects of the month-end close (assigned accruals, assigned reconciliations, analysis of accounts, etc.) that conform to GAAP in a timely and accurate manner. Reconciles an assigned set of general ledger accounts, proposing corrections as needed. Reconciles all payroll and payroll tax related accounts on a quarterly basis. Ensuring timely and accurate quarterly review of all assigned accounts.
- Responsible for payroll banking information using CashPro and overseeing data exchange with the bank daily for manuals as well as payroll processing. Processes stop payments and voids as requested. Respond to and resolve all internal and external inquiries in a timely manner.
- Weekly costing reconciliation to ensure that the GL and Oracle data are in sync. Works with other departments to ensure that transactional activity is coded accurately, and financial reporting integrity is maintained. Identifying and proactively researching costing errors to ensure the GL entries for Payroll functions are accurate. Educating the payroll team of any costing issues.
- Bachelor's Degree in Accounting or Finance from an accredited college or university,
- 5 years of progressive accounting experience with at least 3-5 years of experience in handling complex accounting concepts specific to Payroll and Payroll Tax accounting
- Must be able to work independently to ensure timely and accurate completion of projects
- Must be able to drive continuous business process improvement, primarily through the use of technologies
- Working experience with Oracle is a plus
- Strong systems knowledge and/or experience working through ERP integrations, preferred
- Demonstrated proficiency in Microsoft Office applications
- Passionate Learner – inquisitive about the business; open to feedback and coaching, applies learning quickly; applies learning to improve processes and procedures, proactively shares learning with colleagues and leaders; realigning and reshaping projects
- Flexible & Agile Adapter – responsive and open to change; works well with ambiguity; adapts to new plans or directions; keeps calm under pressure; perseveres to achieve the plan/task; doesn’t dwell on the past
- Talent Builder – considers how we can create an inclusive culture; encourages input from others; invests time as an informal/formal coach or buddy; works to build a diverse team with the right skills and knowledge; looks for ways to acknowledge, motivate, and value the team
- Effective Communicator – articulates in an appropriate and accurate manner; emotionally astute while remaining authentic to own style/self; encourages others to express views and opinions; demonstrates active listening and uses probing questions; is concise and relevant with data/info
- Team Builder – references the importance of teamwork and actively demonstrates collaboration and sharing; builds and/or participates in effective teams; values the importance of inclusion and various sources of thought/input; humble when operating within a team
- Customer Focused Partner – understands internal and external customer needs; contributes to plans and actions to improve the associate and customer journey/experience; holds self and team accountable for improving the customer experience; is an advocate for the customer
- Strategic Thinker – progressive thinking with the ability to bring new ideas to life; works with others to develop progressive and cost-effective strategies; provides suggestions to improve upon continuous improvement and scalability within department; uses a broad range of data sources
- Big Picture Thinker – understands own department and how other key departments operate; adopts an inclusive approach; seeks feedback reviews progress, and adapts plans as needed; understands interdependencies with other departments
- Results Driver – effective at driving and delivering on plans; holds self and team accountable to high standard of delivery; suggests opportunities for innovation and continuous improvement; focuses on the right priorities and uses resources/time wisely; demonstrates grit and determination
- Problem Solver & Decision Maker – able to consume department/operational data to identify business; identifies, gathers, and examines the relevant information; makes recommendations and takes action to solve challenges, considers importance/impact of decisions against relevant factors
This will be a hybrid role required to be onsite at the corporate office on specified days. The work environment generally involves everyday risks or discomforts which require normal safety precautions typical of such places as offices, meeting and training rooms, retail stores, and residences or commercial vehicles, e.g., use of safe work practices with office equipment, avoidance of trips and falls, observance of fire regulations and traffic signals, etc. The work area is adequately lighted, heated, and ventilated.
The work is sedentary. Typically, the employee may sit comfortably to do the work. However, there may be some walking, standing, bending, and occasionally requires carrying, moving and setting up of computers, for example desktops, monitors, printers, and other small hardware in the testing lab.
Benefits
We offer a competitive salary and outstanding benefits package that includes medical, dental, vision, life Insurance, paid vacation and sick days, paid holidays, tuition reimbursement and 401(k) with company match. In addition, associates of SBH may take advantage of our in-house salon with complementary services and a varied selection of food options at our corporate campus. Also, featured at our corporate campus, is both a Sally Beauty and CosmoProf Professional onsite store, where associates enjoy a great merchandise discount!