TEST - Payroll Manager
Fanatics
Job Summary
The Payroll Manager will oversee the month-end close process for payroll accounting, including review and preparation of journal entries, accruals, and financial analysis. This role involves partnering with HR to develop and maintain policies for employee data changes, ensuring a strong financial controls environment and compliance with GAAP and SOX. The manager will supervise and develop staff, provide audit support, resolve labor cost inquiries, and drive continuous improvement. Specific duties include daily, weekly, and monthly payroll accounting, annual bonus accrual, PTO accrual true-up, and balance sheet reconciliations.
Must Have
- Manage month-end close process around payroll accounting
- Review and/or preparation of various journal entries, accruals, estimates, reclasses
- Financial statement analysis of assigned areas
- Partner with HR & HRIS team to develop/maintain policies for employee data changes
- Maintain/recommend a strong financial controls environment
- Ensure compliance with GAAP & SOX processes
- Supervise and develop staff, provide training and feedback
- Provide necessary support for quarterly, interim and annual audit requests
- Research and resolve questions from the business on labor costs and liabilities
- Foster a culture of continuous improvement and drive change
- Provide accounting, processing, and analytical support for payroll accounting activities
- Collection, tracking, analyzing, reporting and reconciliation of payroll accounting activity
- Prepare and record monthly annual bonus accrual at the employee level
- Quarterly true-up of PTO accrual
- Review and/or prepare balance sheet account reconciliations and flux analysis
- Timely resolution of discrepancies, working with internal and external partners (ADP)
- Bachelor’s degree in Accounting, Finance, or other related field
- Minimum of 5 years of full cycle payroll accounting experience including tax and benefit calculations
- Comprehensive understanding of the end-to-end payroll process
- Experience with all payroll functions, including classifications and department allocations
- Ability to work with very large data files and heavy data manipulation
- Ability to work in high production environment and respond quickly and effectively to changing priorities and tight timelines
- Ability to work independently and within a team environment, and the ability to lead a team
- Experience with Oracle Fusion (ERP & HCM), Microsoft Dynamics 365 and Alteryx
- High degree of accuracy, attention to detail, integrity, work ethic, willingness to learn and a positive attitude
- Strong written and oral communication skills, as well as strong customer service skills
- Solid foundation in GAAP and SOX regulations
- Expected to be on site, in office four days per week
Good to Have
- CPA designation
- Public accounting experience
Perks & Benefits
- Work remotely for up to four weeks per year (can be taken in daily or weekly increments)
Job Description
Objectives:
- Manage month-end close process around payroll accounting including review and/or preparation of various journal entries, accruals, estimates, reclasses and financial statement analysis of assigned areas.
- Partner with HR & HRIS team to develop/maintain policies surrounding properly approved employee data changes in the payroll system.
- Maintain/recommend a strong financial controls environment and compliance with GAAP & SOX processes.
- Supervise and develop staff. Assist in providing necessary training and sharing required knowledge for team to perform their duties adequately. Provide growth-mindset powered feedback and escalate any staffing concerns timely. Help build, lead, and empower a high-performance team.
- Provide necessary support for quarterly, interim and annual audit requests from our external auditors.
- Research and resolve questions from the business on labor costs and liabilities.
- Help foster a culture of continuous improvement and drive change within the department
What You'll Do:
- Provide accounting, processing, and analytical support for payroll accounting activities. Specific responsibilities may include, but are not limited to:
- Collection, tracking, analyzing, reporting and reconciliation of payroll accounting activity on a daily, weekly, and monthly basis.
- Prepare and record monthly the annual bonus accrual at the employee level for all Fanatics verticals.
- Quarterly true-up of PTO accrual.
- Review and/or prepare balance sheet account reconciliations and flux analysis for various accounts related to payroll. Provide timely resolution of discrepancies, working with various internal and external partners (ADP).
What We're Looking For:
- Bachelor’s degree in Accounting, Finance, or other related field preferred.
- Minimum of 5 years of full cycle payroll accounting experience including tax and benefit calculations required. Must have comprehensive understanding of the end-to-end payroll process.
- Experience with all payroll functions, including classifications and department allocations, with ability to work with very large data files and heavy data manipulation.
- Ability to work in high production environment and respond quickly and effectively to changing priorities and tight timelines.
- Ability to work independently and within a team environment, and the ability to lead a team to make well-reasoned and timely decisions.
- Experience with Oracle Fusion (ERP & HCM), Microsoft Dynamics 365 and Alteryx
- High degree of accuracy, attention to detail, integrity, work ethic, willingness to learn and a positive attitude.
- Strong written and oral communication skills, as well as strong customer service skills.
- Solid foundation in GAAP and SOX regulations and how it impacts work processes.
- CPA designation a major plus.
- Public accounting experience a plus
Achieving our goals requires strong collaboration and partnership between our teams and our internal stakeholders. To best support this, the person who accepts this role is expected to be on site, in office four days per week. To provide our employees with flexibility, we offer a unique benefit where employees at Fanatics' corporate entity can work remotely for up to four weeks per year, which can be taken in daily or weekly increments.
The salary range represents base pay only and does not include short-term or long-term incentive compensation. When determining base pay, as part of a final compensation package, we consider several factors such as location, experience, qualifications, and training.
Salary Range
$75,000 - $85,000 USD