Head of Payroll

The Head of Payroll at Forbes will oversee daily payroll operations, ensuring compliance with federal and state laws, maintaining accurate payroll processing systems, conducting audits, and collaborating with different departments. Additionally, you will manage a team of payroll professionals and continuously assess operations for improvements. This role is vital for driving payroll efficiency and compliance across multiple regions, including the US, UK, and Asia.

To apply for the Head of Payroll at Forbes, candidates should possess a bachelor’s degree in Finance, Business Administration, or a related field, along with at least 15 years of relevant experience and a minimum of 5 years managing payroll staff. Proficiency in tools like ADP, advanced Excel skills, and a solid understanding of payroll processes in union environments are also essential qualifications for this role.

Managing remote payroll operations at Forbes as the Head of Payroll involves leading a team that supports a diverse workforce across different regions. It requires exceptional communication skills, the ability to implement and maintain robust payroll systems, and staying updated on regional compliance regulations. A background in leading payroll functions for remote workforces is highly advantageous for this role.

Candidates seeking the Head of Payroll position at Forbes should have expertise in payroll processes specific to union populations. This includes understanding collective bargaining agreements and ensuring compliance with obligations for unionized employees. Experience in implementing payroll controls and processes in alignment with union agreements is crucial for success in this role.

The annual base salary range for the Head of Payroll at Forbes is between $140,000 and $160,000. This range is reflective of the experience, education, and skills of the candidate as well as the company's budget considerations. Forbes is committed to transparency regarding compensation and encourages candidates to keep an eye on any updates to the job description and salary range.

When answering this question, highlight specific payroll management systems you've used, such as ADP. Discuss your hands-on experience managing payroll, ensuring compliance, and how you leveraged technology to improve payroll processes.

Explain the importance of staying updated with local payroll laws and regulations. Describe your strategies for ensuring compliance across various locations, such as regular training, auditing payroll processes, and collaborating with local HR teams.

Share specific strategies you have employed in the past, such as automating processes, conducting regular audits, and implementing new payroll technologies to streamline operations and reduce errors.

Discuss how you foster open communication channels, conduct regular team meetings, and provide updates on key challenges and successes. Highlight the importance of clarity in payroll processes to build trust among stakeholders.

Describe your previous experiences leading a remote payroll team, focusing on communication practices, team dynamics, and any technology you used to maintain productivity and collaboration.

Provide a specific example of a payroll challenge, detailing your analytical approach, problem-solving techniques, and the positive outcome achieved through your efforts.

Mention resources you use to stay informed about the latest payroll laws, software updates, and best practices, such as attending workshops, participating in professional networks, or subscribing to industry publications.

Elaborate on your mentoring style, providing examples of how you identify team members' strengths and weaknesses, and how you create personalized development plans to enhance their skills.

Explain your role in payroll audits, focusing on the audit procedures you follow, how you prepare for an audit, and any experience you have with responding to audit findings or recommendations.

Illustrate your systematic approach to identifying and resolving discrepancies, including investigating the source of the issue, coordinating with relevant departments, and ensuring prompt resolution to maintain employee satisfaction.