Northern Trust Asset Management
Location
Tempe, AZ | United States
Job description
Full job description
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Role/ Department: Regional Payroll Manager/NA HR Services
Responsible for overseeing and directing the North America payroll (US and Canada) team including payroll processing, time and absence, compliance with applicable state and federal laws, compliance with tax obligations, and the reconciliation of corporate payroll/GL accounts. The Payroll Manager will oversee and maintain all policies and procedures to ensure accurate statutory and regulatory reporting, internal/external regulatory compliance, and accurate payroll records.
The key responsibilities of the role include:
- Responsible for the preparation, processing, and approval of all payroll, time, and absence related activities
- Designs, develops, and reviews policies, procedures, controls and business practices to ensure compliance with state and federal wage and tax laws. Recommends modifications where required to ensure compliance with legislative requirements
- Develops department goals and objectives, prioritizes short-term and long-term initiatives, reviews and monitors all payroll, time, and absence activities to ensure timely and accurate processing
- Evaluates payroll, time, and absence operations and controls and makes recommendations to optimize operating efficiencies and effectiveness including the identification and implementation of continuous improvements
- Oversees G/L activities and payroll accounting (i.e., G/L account reconciliations, Journal Entry approvals, and G/L trouble shooting)
- Oversees exception processing, irregular activities, and/or highly sensitive issues to provide timely escalations and problem resolution
- Responsible for reporting and monitoring key performance metrics to identify risks, trends, and opportunities for continuous improvement
- Conducts the performance management process, provides input on personnel decisions (i.e., hiring, separation, and disciplinary actions) and provides hands-on training and development to the payroll team
- Manages/supports HR initiatives (i.e., strategic projects, system implementations/updates, etc.) that are payroll impacting
- Builds and manages cross functional relationships with HR/ HRIT/ Finance partners, management and internal/external auditors
- Manages SOX, regulatory compliance, financial, tax or any other internal/ external audit requests on a timely manner
- Manages all year end activities including quarterly/annual tax reconciliations and W2 reporting
- Manages vendor relationships and monitors vendor performance against established SLAs
Skills/Qualifications:
- Degree in Accounting, Finance, Business, or related field and 15+ years of payroll and time experience or equivalent work experience
- Extensive and thorough knowledge of payroll and related federal, state, and local regulations, including
wage and hour, FLSA, data privacy, etc.
- Experience with time and absence administration
- Working knowledge in the preparation and filing of payroll tax and other requisite forms
- Approximately 10 years of experience managing, coaching, and developing a payroll team of 7 or more individuals
- SOX Audit and compliance experience
- Solid understanding of G/L and payroll tax accounting
- Proficient with MS office (i.e., excel)
- Highly analytical, team-oriented, flexible, inquisitive & logical
- Must have strong oral, written, and interpersonal communication skills
- Requires excellent people management skills, strong analytical ability, strong judgment and communication skills, and the ability to work effectively with clients, HR management, and staff.
The successful candidate will benefit from having:
- Financial industry experience
- Experience with Workday Payroll
- Certified Payroll Professional (CPP)
Working Model: Hybrid (#LI-Hybrid)
We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected].
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Job Type: Full-time
Pay: $80,000.00 - $125,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Employee discount
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Parental leave
- Professional development assistance
- Referral program
- Tuition reimbursement
- Vision insurance
Work setting:
Application Question(s):
- Please answer with the highest number of employees that you have processed payroll for- ideally we are seeking someone with volume of 2500 or more as this role has potential to be as many as 10,000 on payroll.
Education:
Experience:
- Payroll management: 10 years (Required)
Ability to Commute:
- Tempe, AZ 85284 (Required)
Ability to Relocate:
- Tempe, AZ 85284: Relocate before starting work (Required)
Work Location: Hybrid remote in Tempe, AZ 85284
Job tags
Salary