Payroll & Compliance Manager – Newark, NJ – $100k – $110k, d/o/e
This client needs you Payroll and Compliance expertise!
Responsibilities include:
- Payroll Oversight & Timely Execution
- Manage and guarantee the accurate, timely preparation and execution of weekly and bi-weekly payroll cycles, which include a mix of salaried, hourly, and union employees.
- Ensure full compliance with New York and New Jersey wage and hour laws, standard withholding regulations, and internal policies.
- Review, verify, and reconcile payroll registers, deductions, garnishments, and final disbursements ahead of processing deadlines.
- P&O Collaboration & Benefits Review Best Practices
- Partner closely with People & Organization (P&O) to execute comprehensive, routine audits of benefit elections, enrollment data, and payroll deductions.
- Take the lead in establishing industry best practices for payroll benefits review, ensuring a seamless data flow between P&O’s HR information systems and the payroll processing.
- Collaborate with P&O to review compliance on newly introduced fringe benefits, employee perks, and company-wide compensation adjustments, ensuring proper taxability and system configuration.
- Payroll Accounting & Journal Entries
- Supervise the preparation, review, and post all payroll-related journal entries to ensure proper labor allocations and accurate financial reporting.
- Review monthly balance sheet reconciliations for all payroll, withholding, and benefit accounts, investigating and resolving any variances.
- Review weekly and bi-weekly payroll expenses to ensure exact alignment with the general ledger and operational budgets.
- Participate actively in the Fiscal Year Audit, serving as the primary point of contact for external auditors regarding payroll expenses, labor testing, and year-end accruals.
- Union Reporting & Retirement Compliance
- Oversee the generation, accuracy, and timely submission of all weekly, monthly and quarterly union-related reports, fringe benefit statements, and remittance payments.
- Ensure the timely processing and funding of retirement plan contributions (e.g., 401k deferrals and employer matches) in strict accordance with plan guidelines and regulatory timelines.
- Interpret collective bargaining agreements (CBAs) to ensure proper wage rates, benefit contributions, and specialized union deductions are accurately configured in the payroll system.
- Specialized Audits, Analysis & Ad-Hoc Projects
- Workers’ Compensation Audit: Lead the data gathering, payroll classification reporting, and external coordination for the annual Workers’ Compensation audit.
- Retirement Audit: Spearhead the documentation and preparation for the annual retirement plan audit, ensuring employee deductions and company matches perfectly reconcile with system records.
- 941 Reconciliation: Perform routine analysis of Form 941 filings against payroll registers and the general ledger to verify consistency across quarterly reporting periods.
- Drive continuous operational improvements, including payroll system optimizations, automation of manual tasks, assuring workflows are accurately documented and streamlining data flow between systems and internal departments.
- Finance Team Collaboration: Partner with the broader Finance team on various ad-hoc projects, including corporate budget forecasting, labor variance analysis, and internal compliance tracking as requested by the AVP of Finance.
Requirements include:
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- 5+ years of progressive payroll management and payroll accounting experience, with at least 2 years of direct people management experience.
- Demonstrated passion for and track record of staying ahead of federal, state (specifically NJ), and local employment law changes, with the ability to swiftly translate new regulations into operational reality.
- Strong experience collaborating with HR/P&O teams to manage employee benefit reconciliations and optimize cross-departmental workflows.
- Proven experience handling union payrolls, complex union reporting, and specialized benefit allocations is highly preferred.
- Advanced hands-on experience with major payroll platforms (e.g., ADP, Ultimate Software, Ceridian) and ERP general ledger systems. Expert-level Microsoft Excel skills (VLOOKUPs, Pivot Tables, data manipulation).
- Certifications: Certified Payroll Professional (CPP) designation is a strong plus.
If interested, please forward your resume to: JillR@AplusPersonnel.com
To apply for this job email your details to jillr@apluspersonnel.com