What are the responsibilities and job description for the Payroll Director position at The Planet Group?
Payroll Director
Direct hire
Location: Must live within EST or CST timezones and be willing to travel to Massachusetts 1-2 times per quarter.
The Payroll Director will:
Lead the payroll function, managing the team, providing strategy and driving important initiatives that leverage emerging technologies to enhance payroll and equity compensation administration, improve efficiency, and streamline operations.
Oversee the Payroll team to ensure accurate and timely payroll processing, full compliance with IRS regulations and internal policies, and robust documentation of internal controls. Inspire continuous improvement and support team development through clear vision and guidance.
Collaborate with HR on initiatives, including the implementation and enhancement of HR systems and integration with 3rd-party benefit providers.
Administer RSU/PSU grant awards, ensuring compliance with FICA withholding, managing terminations, dividend equivalents, settlements, and related reporting. Maintain detailed tracking of grants and support Form 4 filings and ad hoc reporting needs.
Partner with Accounting team on quarterly roll-forwards and ensure all US RSU/PSU activity is processed through payroll, coordinating with international teams as needed.
Manage monthly payroll processing for Tour Leadership and oversee preparation of annual tax reporting, including Forms 1099, 1042-S, and 592-B.
Continuously evaluate and enhance payroll processes by implementing controls to ensure payment accuracy. Develop, document, and maintain procedures for Leadership payroll.
Stay current on legislative and regulatory changes by attending seminars and collaborating with internal departments to ensure compliance. Provide strategic guidance to management on potential impacts.
Oversee payroll-related aspects of employee relocations and W-2 reporting. Manage expatriate compensation, taxation, and year-end reporting, while maintaining strong relationships with third-party vendors supporting these functions.
Qualifications:
Bachelor's degree required
Certified Payroll Professional (CPP) preferred
10 years in payroll management, including experience with UKG payroll and time and attendance web-based applications or similar systems
System implementation and upgrade experience
Excellent written and verbal communication skills
145-185K salary range based on experience
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