Payroll Director jobs in Palatine, IL

About Our Client

Our client is a global financial services firm offering an array of tailored solutions to meet client needs.

Job Description

Responsibilities of the Payroll Director include:

• Lead the North America Payroll team in developing, implementing, and overseeing payroll programs for operations in the United States and Canada within the firm and its affiliates.
• Manage compliance requirements for North American payroll operations, including the development and implementation of payroll policies and practices.
• Provide guidance to managers and employees on the interpretation of payroll policies and practices.
• Enhance data audit processes to ensure consistency and accuracy of automated data.
• Stay updated on current laws, trends, and best practices in payroll, compensation, and benefits, and assess them for potential implementation, making recommendations when necessary.
• Manage general ledger processes and foster relationships between payroll and accounting stakeholders.
• Collaborate with the Employee Tax Team and multinational pay and tax vendors for calculation and remittance processes, as well as internal HR and assignee communication for seamless processing.
• Work with project teams to automate payroll processes through HRIS enhancements and implementations.
• Develop a team of benefits experts across both countries and ensure cross-training for business continuity purposes.
• Promote a customer service mindset within the Payroll team and vendors, and provide coaching and assessment of team members and vendors across all aspects of the Payroll service delivery model.

The Successful Applicant

Qualifications include:

• 10 years of experience in managing payroll across multiple locations/geographies.
• Bachelor's degree in Accounting, Finance, or related field.
• Experience within the Financial Services industry.
• Strong communication skills to collaborate effectively with vendors, managers, employees, and HR team members.
• Analytical skills to develop comprehensive analysis and proposals.
• Knowledge of regulatory requirements and the ability to align current programs for compliance.
• Ability to translate vision into action, manage multiple priorities, improve operations, and maintain positive relationships while delivering results.
• Expertise and leadership regarding payroll requirements for employee equity grants/vesting, including multinational taxation and expatriate employees.
• Experience with Workday Payroll is required.
• Highly organized with the ability to manage multiple priorities in a fast-paced environment.
• Exceptional interpersonal skills, with the ability to maintain continuous engagement within the team and across departments.

What's on Offer

• Base salary $150,000 - $200,000 commensurate on experience
• Annual performance bonus
• Medical, Dental, Vision
• 401k match
• PTO and paid company holidays
• Beautiful office in Downtown Chicago
• 4-5 days in office required (1 day optional work from home)