Payroll Manager
Payroll Manager
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Job Description
Lincoln Electric is the world leader in the engineering design and manufacturing of advanced arc welding solutions automated joining assembly and cutting systems plasma and oxyfuel cutting equipment and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert for its leading materials science software development automation engineering and application expertise which advance customers fabrication capabilities to help them build a better world. Headquartered in Cleveland Ohio Lincoln Electric is a $4.2B publicly traded company (NASDAQ:LECO) with over 11000 employees around the world with operations in 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries.
Location: Euclid 22801 Cleveland OHUnited States (US)
Employment Status: Salary FullTime
Function: Finance
Req ID:24799
PURPOSE: This position is responsible for overseeing all functions of domestic payroll. Directs all payroll processing payroll tax reporting and reconciliation (including W2 production) payroll liability reconciliation researching and resolving payroll issues including corrective actions serving as liaison to auditors and other external agencies coordinating adherence to established payroll policies and ensuring compliance with all tax regulations and applicable laws. The Manager serves as the primary point of contact for employees regarding payroll issues and works closely with Human Resources and Employee Benefits to resolve any time pay benefit deduction and compensation change issues.
JOB DESCRIPTION (DUTIES AND RESPONSIBILITIES)
- Oversees biweekly and semimonthly payroll processes representing multiple locations and subsidiaries
- Monitors and maintains the SarbanesOxley requirements for all processes and related payroll production
- Maintains data integrity of payroll applications
- Monitors and ensures proper documentation of employee benefit payments
- Prepares reports and analyses illustrating payroll expenditures including tax payments benefits payments manual checks or cancellations
- Tracks errors and identifies ways to eliminate errors through improved processes and documentation
- Ensures all payroll information and records are maintained in accordance with statutory requirements
- Manages W2 production and research
- Ensures all processes are documented and updated regularly
- Proposes and implements improvements to the payroll process
- Remains current with applicable tax / unemployment / payroll laws and regulations
- Works crossfunctionally with HR Benefits and Compensation (i.e. uploading benefit deductions and compensation increases) as well as with Accounting and Internal / External Audit. This includes remaining active with developing and implementing new programs consolidations of various processes acquisition integration etc.
- Manages and develops professional and support staff including semiannual performance updates annual review and establishing goals. Ensures appropriate department staffing and succession planning.
- Assumes additional responsibilities as needed or directed in support of the Companys 2025 Strategy.
BASIC REQUIREMENTS
- Bachelors degree in Accounting or Finance preferred with five years of progressive payroll related experience or minimum 10 years of progressive payroll experience
- Management / supervisory experience required
- Must be highly motivated and possess excellent analytical and communication skills
- Must possess a high degree of flexibility and demonstrate the ability to perform numerous tasks and assignments concurrently
- Proficiency with ADP and Microsoft Office Products (Word Excel and Power Point) is essential; SuccessFactors knowledge a plus.
Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants without regard to their race color national origin religion sex (including pregnancy childbirth or related medical conditions including but not limited to lactation) sexual orientation gender identity age veteran status disability genetic information and any other category protected by federal state or local law.
Required Experience:
Manager
Employment Type
Full-Time
