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Full Time Job

Manager, Payroll

Los Angeles Lakers

El Segundo, CA 11-12-2024
 
  • Paid
  • Full Time
  • Senior (5-10 years) Experience
Job Description
Job Title: Manager, Payroll

Department: Finance & Accounting - Payroll

Reports to: VP - Finance and Accounting & Controller

Position Summary: The Payroll Manager will act as the function lead reporting to the VP – Finance and Accounting and be responsible for preparing and processing payroll for all Lakers' entities including multi-location, multi-state environment which includes players, exempt, non-exempt, and seasonal staff members. In addition to their role as a leader within the F&A Department, the Payroll Manager will collaborate with HR, Legal, and Basketball Operations to ensure efficient and effective payroll operations and maintaining compliance within applicable jurisdictions.

Key metrics used to evaluate performance:
• Timeliness and accuracy of payroll, related audits, and League reporting
• Advance utilization of technology as it pertains to 'Essential Functions' section outlined below.
• Performing duties independently without heavy supervision while continuing to display initiative
• Use of analytical and critical thinking skills
• Ability to build cross-functional relationships and establish themselves as a positive team contributor.

Essential Functions (Duties & Responsibilities**):

PAYROLL (Semi-Monthly)
• Oversee the timely processing of the end-to-end payroll process for all players and staff, verifying all payroll data, ensuring proper capturing of gross, taxes, adjustments, and deductions (per diem, hotel, fringe benefits, etc.)
• Accurately and timely process, submit and oversee all payroll taxes to governmental entities, including multiple states based on their periodic deadlines.
o Work with ADP or the agency directly to resolve tax invoices from local, state or federal government entities.
• Process, maintain, and reconcile electronic time and attendance system, including the collection, preparation, and calculations of timesheets.
• Maintain records of payroll data (i.e., direct deposit, W-4 information, new hire reporting, benefit changes including 401K, GTL, commissions, bonuses, per diem, fringe benefits, garnishments, etc.), employee information, and compensation details, with an emphasis on confidentiality and integrity
• Coordinate with external payroll vendors to ensure service quality and resolve any issues.
• Review the reconciliation for payroll related general ledger accounts working with accounting team.
• Prepare and manage the preparation of payroll related information for all required audits.

MANAGEMENT
• Develop methods and procedures to ensure accurate payroll reporting by embracing an approach of constant process improvement and efficiency.
• Lead and manage the payroll group, providing guidance, support, and development opportunities.
• Provide strategic direction for departmental deliverables as well as staying current on any industry or legal changes impacting payroll and payroll taxes.
• Ensure compliance with federal, state, and local payroll, wage and hour laws and best practices.

BENEFITS
• After the completion of each payroll, prepare the timely funding of benefits (HSA, FSA, 410K, and garnishments) and insurance billing to reconcile to the related payroll reports.
• Monitor and reconcile FSA weekly invoices.
• Monitor the 401K eligibility statuses for all new hires and ensure proper adherence to the IRS contribution limits and changes for all retirement plan types.
• Coordinate with third-party vendor to prepare, review, and submit monthly ACA, 1095-Cs, and 1094-C reporting.
• Oversee and manage the annual 401K to ensure timely processing of 5500.
**Responsibilities subject to change based on organizational needs and direction from management.

Education/ Certification:
• Bachelor's degree in Accounting, Finance, Human Resource Management or Business Administration (required)
• CPP license (preferred)
• Other Payroll or Benefits certifications a plus

Previous experience:
• Minimum of 8 years' experience in payroll, benefits, and accounting
• Prior knowledge of ADP Workforce Now or other comparative payroll platforms
• Previous experience in sports and entertainment industry (preferred)
• Experience withholding obligations for US citizens working abroad and Non-Resident Aliens working in the United States (a plus)
• An equivalent combination of education and experience sufficient to successfully perform the essential duties of the job such as those listed above

Technology Capabilities:
• Experience with financial, payroll, and HRIS software systems
• Advanced level knowledge of Microsoft Office Suite (emphasis on Excel)

Knowledge, skills, abilities:
• Extensive knowledge of the payroll function including preparation, balancing, internal controls, and payroll taxes
• Health and welfare plan benefit management, including developing and managing a self-funded medical plan as well as extensive knowledge of pension and 401(k) administration.
• Proven technical knowledge of federal, state, and local regulations impacting human resources, payroll, and employee benefits, as well as prior experience in benefit compliance testing, year-end reporting and supplying all data for annual 5500 returns.
• Experienced in the following areas: compensation, benefits, compliance, COBRA, HIPPA, ERISA and ACA regulations.
• Proven communication skills, verbal and written.
• Strong organizational skills and attention to detail
• Strong analytical and critical thinking skills

The pay range for this role is $90,000 to $115,000. Actual compensation packages are based on several factors that are unique to each candidate, including but not limited to skill set, depth of experience and certifications

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, age, disability, gender identity, marital or veteran status, or any other protected class.

By continuing with an application, you agree to the Lakers Applicant Privacy Policy and Notice.

Jobcode: Reference SBJ-rvbmpn-3-17-76-163-42 in your application.

Salary Details
Salary Range: $90,000 to $115,000 Per Year ($ USD)