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Global Payroll Director - Bethesda Maryland
Company: Precision Medicine Group Location: Bethesda, Maryland
Posted On: 01/22/2025
Global Payroll Director at Precision Medicine Group (View all jobs) Bethesda, MD, USA Global Head of Payroll - Payroll Director (Remote position East Coast preferred) Precision Medicine Group is looking for a Head of Global Payroll to join our global Finance team, which is focused on business partnership, innovation, automation, and process improvement. As the Head of Global Payroll, you will be responsible for the development and execution of the Company's global payroll vision and strategy, while ensuring operational excellence within the team and daily processes. You will build and maintain the proper services levels and governance structures between the payroll function and other key stakeholder groups such as Operations, Human Resources, FP&A and Accounting. The role will provide value to the business by supporting and executing key process optimization opportunities and larger scale transformational programs. This is a full-time position in our shared services function and will report to the Vice President of Accounting located in the US. Essential functions of the job include but are not limited to: - Overall accountability for accurate, timely, and efficient payment of Global payroll operations.
- Develop systems (SAP SuccessFactors and Employee Central Payroll) to process payroll account transactions (e.g. salaries, benefits, garnishments, deductions, taxes and third-party payments).
- Establishing efficient practices for all payroll input and output requirements.
- Develop the overall payroll strategy and manage the transformational roadmap considering the associated governance, policies, procedures, technologies, and other change management requirements.
- Execute deployment and adoption of a global/regional payroll model, related systems and processes with local customization as needed, to aid in the quality, efficiency, and delivery of standardized processes.
- Managing payroll financial delegated authority and adherence to approval limits.
- Defining service expectations with the business, identifying and resolving issues impacting payroll effectiveness.
- Ensure accurate and timely processing of payroll updates including new hires, terminations, and changes to pay rates.
- Manage external service providers engaged to execute local country payroll fund disbursement and related tax filings.
- Collaborate with Human Resources (HR) and Accounting teams.
- Prepare and submit reports on payroll operations to the Accounting & Finance department.
- Adhere to payroll policies and procedures and comply with relevant law.
- Identify, investigate, and resolve discrepancies in timesheet and payroll records.
- Provide strategic guidance and recommendations to senior leadership on payroll-related matters.
Qualifications: Minimum Required: - BS / BA in Finance or Accounting
- Minimum of 10+ years progressive payroll experience operating within a multinational organization
Skills Competencies: Proven experience with payroll operations leadership and/or payroll process and implementation is required. Experience with setting up or implementing a global/regional payroll aggregator and managing regional or global payroll shared service centers is required. Strong functional knowledge of core end to end global payroll processes and procedures is required. |
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