Invesco has earned the trust of investors around the world. With fully integrated investment capabilities that span traditional and alternative asset classes, Invesco is one of the world’s leading names in investment management for institutions and individuals worldwide. Access investment solutions available in the U.S., Canada, Continental Europe or Asia Pacific marketplaces.
Job Purpose (Job Summary)
The Payroll Manager manages the daily operational activities of the Atlanta Payroll team. This position critically reviews and analyzes domestic payroll preparation and processing in order to recommend and implement changes leading to best-practice operations. In addition, this position works closely with other Payroll Managers on overall department initiatives.
Key Responsibilities / Duties
Manage a staff of three to four Sr. Payroll Specialists.
Review all aspects of a full pay cycle, including audit review of before and after transmission files.
Audit payroll balance sheets, YTD earnings/tax reports, etc.
Communicate actively with U.S. Human Resources groups and coordinate data flow and transactional authorizations.
Ensure systems are set-up and updated to reflect current employee base, including wages, benefits, and tax in line with regulatory requirements.
Manage, drive, and coordinate process improvements affecting daily payroll activity; identify opportunities to improve efficiencies, controls, or compliance concerns.
Review all payments including non-standard payments and transactions outside of the regular semi-monthly schedule.
Ensure that all taxes are filed timely and accurately (i.e. Federal, State, Local, SUI, etc.).
Prepare monthly and quarterly reports for Corporate Tax, Benefits, and Compensation groups.
Ensure accuracy of tax withholding and reporting for all non-resident alien and foreign employees.
Develop (as needed) and maintain written procedures for all aspects of daily payroll operation, ensuring compliance of Sarbanes Oxley (SOX) initiatives.
Periodically review systems (ADP, Timekeeping) for functionality and value; recommend updates or changes as appropriate.
Work closely with the Payroll Accounting group to resolve any bank reconciliation items.
Coordinate all calendar year-end activity to ensure accurate and timely issuance of Form W2 statements and related payroll tax filing.
Train, develop, and manage performance of direct reports.
Maintain high level of customer service to Invesco employees, management, and third party affiliates.
FLSA (US Only)
Work Experience / Knowledge
7+ years of advanced and thorough knowledge of payroll processes/standards, best practices, and controls.
5+ years managing staff.
Strong ADP software knowledge, preferable Pay Force platform.
Thorough knowledge of payroll tax filing requirements; Multi-State and International (Expat).
Knowledge and understanding of executive compensation, a strong plus.
Skills / Other Personal Attributes Required
Solid analytical and problem solving skills.
Ability to work in a fast paced environment.
Ability to use analysis to resolve complex tax issues.
Ability to work effectively with senior-level staff.
Ability to manage and lead staff to excellent performance.
Advanced MS Office, Excel and Word skills.
Strong attention to detail; must be highly organized.
Excellent communication skills; both written and oral.
Ability to handle sensitive and confidential information.
(minimum requirement to perform job duties)
Accounting degree or equivalent level of knowledge (i.e. 8 to 10 years work experience).
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.
Invesco - 2 years ago
As one of the largest independent global investment managers, Invesco Ltd. is dedicated to helping investors worldwide achieve their...