Payroll and Compensation Manager

About the Company - Join a growing Global company in West Palm Beach, FL!!!

Newly created position, hybrid work model, growth within the organization! This role will act as an advisor to the VP of HR in all areas related to remuneration and retirement (Pension, 401k, Medicare Benefits), and will be responsible for analyzing personnel related costs, variances, and preparing monthly reporting. Incumbent will play a significant role in the annual budgeting and forecasting process and will be a hands-on Business Partner (as it relates to compensation).

About the Role - KEY ACCOUNTABILITIES

• PAYROLL: “Hands-on” in implementing, maintaining, and reviewing payroll processing systems (i.e., ADP Workforce Now), ensuring timely and accurate payroll processing; to include salaries, benefits, garnishments, taxes, and other payroll transactions
• PAYROLL: Via dotted line, manages three remote payroll and support personnel
• PAYROLL: Ensures remuneration activities comply with company policies, procedures, and governing Federal, State, and local law
• Manages the various benefits programs, and the associated vendors, and analyzes vs market in order to make recommendations to VP of HR for possible improvements or enhancements
• Month end close, completes all required reports, partners with VP of HR to analyzes data related to personnel costs to assess financial impacts, and provides recommended courses of action for improvements
• Conducts salary analysis of Company vs market, to support VP of HR in developing a North America compensation strategy
• Directly administers and manages the varied 401k, Pension, and Medical Retirement programs for the North American business units, in addition partners with VP of HR to analyze vs market
• Supports VP of HR in the forecasting of annual personal expenses; done on a monthly, quarterly, semi-annually, and annually basis
• Partners with the Finance team to ensure all month-end HR reporting is submitted accurately and prior to deadlines
• Facilitates and manages both internal and external audits encompassing compensation
• Reviews and processes HR related invoices and charges, approving or denying costs as required by law or policy
• Supports the onboarding and exiting of newly hired or separating employees
• Manages the professional relationship with our ADP, Inc. vendor
• Supports in providing Global HQ with all requested reports encompassing compensation and/or the Human Resources team

Qualifications

EDUCATION: Bachelor’s degree required

EXPERIENCE:

• Multi-site, multi-state, and experience processing payroll using FX (exchange rates)
• Managing the budgeting, forecasting, and variance analysis
• Leading or developing or improving various benefits programs
• Performing and establishing pay banding and market analysis of salaries
• Direct payroll or finance experience within a manufacturing business
• Administering labor union payrolls and interpreting Collective Bargaining Agreements

• SPECIFIC KNOWLEDGE:
• Proficient with ADP is highly preferred
• SAP knowledge preferred
• Proficiency in MS Excel