A Payroll Team Leader oversees the payroll processing activities of a team, ensuring accurate and timely payment to employees while adhering to all relevant regulations. This role involves leading, motivating, and developing the payroll team, as well as managing payroll processes and resolving any discrepancies or issues.
Key Responsibilities:
Team Leadership: Supervising, motivating, and guiding a team of payroll professionals.
Payroll Processing: Managing the end-to-end payroll cycle, including calculating salaries, deductions, and benefits, and ensuring accurate and timely payments.
Compliance: Ensuring compliance with all relevant laws, regulations, and company policies related to payroll.
Process Improvement: Identifying and implementing improvements to payroll processes and systems.
Issue Resolution: Investigating and resolving payroll-related issues and discrepancies.
Reporting: Preparing and analyzing payroll reports for management and other stakeholders.
Record Keeping: Maintaining accurate and up-to-date employee payroll records.
Collaboration: Working closely with HR, finance, and other departments to ensure seamless integration of payroll and employee data.
Training and Development: Providing training and development opportunities for the payroll team.
Performance Management: Monitoring team performance and providing feedback and coaching.
Audit Support: Assisting with internal and external payroll audits.