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Arrow International, Inc. · 2 days ago

Director of Compensation and Payroll

Cleveland, OH

Full-time

Onsite

Director/Executive

10+ years exp

Arrow International, Inc. is seeking a Director of Compensation and Payroll responsible for developing and managing compensation strategies and overseeing the global payroll function. This role aims to ensure the company attracts and retains top talent through competitive compensation while ensuring compliance and timely payroll processing.

Consumer GoodsE-CommerceRetail

Responsibilities

Design, implement, and manage the organization’s compensation programs, policies and practices for all employee levels

Conduct benchmarking and market analysis as part of annual merit cycle to ensure the organization remains competitive and equitable in pay

Help to facilitate merit and bonus process as needed

Lead budget process for each department related to payroll, headcount additions, etc

Align compensation with business strategies

Oversee the payroll function to ensure timely and accurate processing of wages, bonuses, deductions, taxes and withholdings

Lead implementation of new payroll software including recommendation of payroll software/provider

Develop, implement and maintain policies and procedures to ensure payroll processes are compliant with all regulations and company policies

Serve as subject matter expert on payroll issues, advising senior leadership and ensuring risk mitigation

Ensure that payroll-related financial data is accurately recorded for accounting purposes and supports compliance and financial reporting

Develop internal controls focused on self-audits to ensure continued accuracy of employee departmental classifications and payroll data needed for employee benefit plans, workers’ compensation insurance policies and other consumers of payroll information

Reconcile monthly payroll/headcount to cost centers

Present data-driven recommendations and reports to senior leadership

Educate managers and employees on both compensation and deferred compensation

Lead and develop payroll professionals

Qualification

Compensation strategyPayroll managementAnalytical skillsCCP certificationCPP certificationFinancial modelingMS Office skillsConfidential information managementLeadership skillsCommunication skills