Precision Castparts

Sr. Payroll Manager

Precision Castparts • $95K — $115K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • BS Degree in a business field
  • Minimum 10 years of payroll experience
  • Minimum 4 years managerial experience
  • Strong numerical background with knowledge of accounting principles
  • Proficient with Excel and MS Word

Responsibilities

  • Manage the payroll function and ensure efficient operation
  • Oversee payroll tax transmission and compliance with regulations
  • Reconcile payroll accounts and resolve variances
  • Develop and implement policies to improve payroll processes
  • Coordinate payroll-related audits and compliance with SOX
  • Provide training and support to payroll staff
  • Maintain employee payroll records for compliance and reporting

Benefits

  • Hybrid workplace model
  • Opportunities for personal and professional development
  • Supportive team environment
  • Access to advanced payroll systems and tools
  • Engagement in compliance and regulatory processes
Full Job Description
Sr. Payroll Manager

Country

United States of America

State / County

Ohio

City

Cleveland

Division

Metals

Company

TIMET Division

Function

Finance

Workplace Type

Hybrid

Position type

Full Time

Opportunity ID

24406

Job Description

Principal Responsibilities:

Manage and ensure the efficient operation of the payroll function and department, including the generation, distribution, and reporting of the biweekly and special incentive payrolls.

Responsible for ensuring the accurate and efficient distribution of the payroll for TIMET US.

Evaluate, develop, recommend and implement policies and procedures designed to improve business processes within the department and organization.

Manage and administer all payroll tax transmission to ADP Tax Services within the prescribed deadlines, respond to any tax inquiries, coordinate with the Corporate Tax Department to ensure compliance with all federal and state regulatory reporting requirements.

Oversee the preparation and reconciliation of W-2 documents.

Reconcile the Payroll Bank account and various payroll related GL accounts, identify and research variances and supply backup for all account balances

Resolve employee concerns regarding wage payments, taxation, deductions and unique requests

Develop / coordinate the preparation, review, and proper analysis of required reports such as monthly hours and wages, annual profit sharing / DC / 401(k) by the transaction processing completion dates.

Assist with representing TIMET NA in annual Payroll related audits by TIMET and third parties.

Manage the administration and transactional processing involved with relocation and other company fringe benefits

Manage the use of reports and tools to foster data integrity and customer satisfaction

Ensure timely communication of changes to payroll policies, procedures, and regulations.

Develop, implement, and conduct end user training courses for Payroll staff to include creation and maintenance of organization specific user guides.

Maintain employee payroll records and information to ensure legal and regulatory compliance and to provide beneficial and timely management reporting.

Provide expertise and support to the locations through management and operation of the Payroll Department.

Responsible for coordination of system testing as applicable for enhancement/system upgrades or configuration changes: these system changes are within TIMET SAP system as well the interface systems for third parties.

Coordination of audit deadlines, schedules and processes to include SOX compliance.

Provide for the personal and professional development of the payroll team.

Monitor interaction between the payroll team and their internal and external customers.

Required Knowledge/Skills/Abilities:

SAP Payroll experience preferred

Knowledge of current government and tax regulations.

Ability to interpret union contracts to determine payroll requirements to ensure accurate payments.as defined in contract language.

Strong numerical background with knowledge of accounting principles.

Strong written and oral skills, with demonstrated ability to present findings to management in a succinct and accurate manner.

Ability to manage multiple assignments.

Proficient with Excel and MS Word.

ADP experience a plus

Education/Experience Requirements:

BS Degree in a business field.

Minimum 4 years managerial experience.

Minimum 10 years of payroll experience

Ability to analyze problems and recommend viable solutions.

Ability to work with PR-related systems to achieve desired results.

Excellent interpersonal skills

Other duties as assigned.

This position requires use of information or access to production processes subject to national security controls under U.S. export control laws and regulations (including, but not limited to the International Traffic in Arms Regulations (ITAR) and the Export Administration Regulations (EAR)). To comply with those regulations, this position may require applicants to be U.S. Persons (i.e., U.S. citizens, U.S. lawful permanent residents, protected individuals as defined by 8 U.S.C. 1324b(a)(3)), or eligible to obtain the required export authorizations from the U.S. Department of State or the U.S. Department of Commerce.

About Precision Castparts

Precision Castparts Corp. is a worldwide, diversified manufacturer of complex metal components and products. It serves the aerospace, power, and general industrial markets. PCC is the market leader in manufacturing large, complex structural investment castings, airfoil castings, and forged components used in jet aircraft engines and industrial gas turbines. The Company is also a leading producer of highly engineered, critical fasteners for aerospace and other general industrial markets, and supplies metal alloys and other materials to the casting and forging industries.
Learn more about Precision Castparts
Size
29,000 employees
Industry
Founded
1949

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