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Guggenheim Investments · 23 hours ago

Senior Payroll Operations Manager

330 Madison Ave (2nd Fl), New York City, NY,US

Full-time

Onsite

Senior Level, Lead/Staff

$0/yr - $175K/yr

10+ years exp

Guggenheim Investments is looking for an experienced Payroll Operations Manager to join our team. This role will manage a team and be responsible for overseeing the global payroll function, administration of specific compensation plans, and system integrations impacting payroll.

FinanceFinancial ServicesVenture Capital

No H1B

Responsibilities

Overseeing all aspects of payroll processing, including bi-weekly/monthly cycles, reviewing registers, and resolving complex tax or benefit election conditions

Managing all facets of payroll-related taxes, developing comprehensive payroll policies and internal controls, and validating vendor invoices

In coordination with the Head of Compensation Operations, manage and review compensation transaction workflow which includes ensuring accurate and timely calculations, approving related Workday transactions (e.g. signing bonus, relocation, PTO payouts), and directing the creation and import of annual salary increases and incentive/commission amounts

Deferred compensation plan administration which can include coordination with third-party administrators for employee updates, purchases or redemption activity, and reporting. Preparation and distribution of grant plan documents. Responsible for communication of deferred plan vesting transactions and payments for payroll processing

Focused adherence to plan documents, IRS regulations, and fiduciary responsibilities, and conducting periodic audits

Overseeing data flows seamlessly and reliably between Workday and ADP, developing robust audit processes to validate data, and leading troubleshooting efforts for integration issues

Identifying and championing automation initiatives to replace manual processes, establishing quality control checkpoints, and leading continuous improvement efforts to enhance efficiency and reduce errors

This role involves serving as the lead business manager for global payroll service providers like ADP, ensuring effective execution and resolution of priorities. Additionally, it requires partnering with various internal leadership teams (Finance, HR, Benefits, Legal, IT) on strategic payroll initiatives and presenting key metrics and recommendations to senior leadership

Qualification

Global payroll managementPayroll systems experienceHRIS experienceDeferred compensation plansFinancial services experienceADP experienceWorkday experienceBachelor’s degreeCertified Payroll ProfessionalPrivate Equity experienceAsset Management experience