The average pay for a Sr. Payroll Manager with Accounting skills is $22.25 per hour.
The average pay for a Sr. Payroll Manager with Accounting skills is $86,936 per year.
|Salary||$62,614 - $124,714|
|Bonus||$1,993 - $19,489|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$57,611 - $133,013|
Job Description for Sr. Payroll Manager
Senior payroll managers usually work within the human resources (HR) departments of organizations to administer compensation and benefits programs such as payroll administration, 401K and savings accounts, and health and life insurance.Read More...
A bachelor's degree in accounting, finance, business administration, or a related field and significant prior experience are required for this position, and some employers may prefer those who have a master's degree. Strong communication and leadership skills are important in this position, and they must be familiar with payroll software and applications and stay up-to-date with all relevant state regulations related to payroll and compensation. They must also be knowledgeable of relevant IRS regulations such as wage withholding, pretax and after tax withholding, filing paperwork, and payroll specifications and ensure that their department adheres to legal employment compliance that may cover multiple states.
Senior payroll managers work with other senior managers to develop and update their companies' policies and assist in updating the employee manual related to employee safety, wellness, and health. They must always ensure that their team maintains electronic and hard copy documents as required by federal, state, and local government and company guidelines, and they are encouraged to stay up-to-date with all laws and regulations related to payroll and travel to attend seminars or visit branch offices. (Copyright 2018 PayScale.com)
Sr. Payroll Manager Tasks
- Create audit reports to verify the accuracy of the payroll run.
- Manage the daily operations of the payroll group.
- Maintain, direct and calculate the entry of data.
- Ensure accuracy and timely completion of the payroll records.
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Rated 5 out of 5
based on 16 votes.