Senior Manager, Payroll-NA

Overview

About Invesco

As one of the world’s leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.

Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:

• Flexible paid time off

• Hybrid work schedule

• 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution

• Health & wellbeing benefits

• Parental Leave benefits

• Employee stock purchase plan

You Role

Invesco is searching for a seasoned Senior Payroll Manager with worldwide payroll experience. This person will manage multiple direct reports responsible for United States and Canadian payroll runs and off-cycle requests. The successful candidate with look to increase efficiency while adhering to proper controls. This position requires excellent interpersonal skills to effectively work with multiple departments as well as the third-party payroll provider.

This position also is responsible for global execution of employee stock purchase plans, restricted stock plans and annual bonus plans as it applies to employee compensation included in payroll. The successful candidate will need to be flexible to address any payroll issues that might arise and lead projects for changes to processes and tools as necessary. Analytical skills are a must.

There is significant data involved and the ability to catch issues before payroll is released is critical.

You Will Be Responsible For:

• The primary focus of this position is ensuring that the United States and Canadian payroll process and related transactions are executed timely and accurately

• The Payroll Senior Manager will oversee a team responsible for routine payroll runs as well as off-cycle requests, ensuring compliance with rules/regulations and company policies

• The Senior Manager will be responsible for resolving escalations and partnering with key stakeholders to ensure reporting and other operational needs are met

• Ensures adherence to the corporate payroll strategy and objectives

• Organizes and oversees planning and execution of the payroll function and related services

• Manages relationship with payroll provider and other outsource rs as applicable

• Collaborate cross-functionally with other departments (e.g., Finance, Benefits, HR, IT)

• Directs and evaluates activities of assigned payroll team and employees engaged in collecting and recording hours of work, processing time records, compiling payroll statistics, maintaining payroll control records, and calculating payroll

• Oversees and approves the payroll processing, payroll taxes, wage attachments

• Maintains payroll standard operating procedures and oversight of the adherence to policy and procedures, as well as internal controls

• Measures both individual and team performance relative to goals and objectives (i.e., operational metrics, adherence to predetermined SLAs, results against project timelines, training documentation, attendance records, knowledge of operational roles and responsibilities, personal development goals)

• Ensures compliance with internal policies and controls, as well as compliance with external laws and regulatory guidance (e.g., SOX)

• Responsible for oversight of payroll related accounting journal entries and reconciliations

• Investigate, review and sign-off on resolutions to tax notices related to payroll filings

• Oversight and review of disbursements related to the employee stock purchase plan, bonus, dividends, and stock options.

• Oversight and review of multi-state or country allocations for those employees who have earnings in multiple states or countries

• Collection of data required for external audit and coordination with the Tax Department for responses to the jurisdictions

• Experience in payroll for a large multi-national company in a leadership role

• Twelve or more years of Payroll processing and withholding experience with eight years of leadership and an emphasis in North America

• Proficient understanding of payroll processes, controls, financial compliance, and regulations

• Experience managing third party vendors

• Proficiency in Workday

• Excellent verbal and written communication skills to effectively communicate with employees, other departments, peers, and the third-party provider

• A sense of urgency in solving requests to ensure timely resolution and an ability to work under pressure, multi-task, and meet deadlines

• Ability to influence others, identify problems, and recommend a course of action

• Experience in improving payroll processes to maximize efficiency and deliver quality services

• Ability to process complex…