Senior Manager Of Payroll
Job Description
The Allegro team is passionate about providing intelligent solutions that move the world toward a safer and more sustainable future. With more than 30 years of experience developing advanced semiconductor technology, innovation with purpose touches every aspect of our business. From customer engagement and employee recognition to technology advancement and serving the local communities in which we maintain offices, innovation consistently drives our mission and definition of success.
As part of our innovation, we recognize that our team members are unique and that our work locations must be adaptable. At Allegro we flex. Flex@Allegro is our approach to hybrid work that empowers managers and their team members to decide where and when work will be done. Ask what Flex@Allegro can mean for you.
SUMMARY
Allegro MicroSystems is seeking a Senior Manager of Payroll responsible for a wide variety of general accounting responsibilities reporting directly to the Assistant Controller.
RESPONSIBILITIES
- Provide leadership and guidance to the payroll and accounting teams, fostering a collaborative and inclusive work environment.
- Accurately process and audit multiple international payrolls at differing frequencies
- Interpret and implement multi-jurisdictional tax and payroll law changes.
- Reconcile payroll prior to transmission and validate confirmed reports.
- Partner with Human Resources on all matters involving employee's compensation, benefits and disability payments. Understand proper taxation of employer paid benefits, including 401(k) contributions and funding.
- Ensure the accuracy of payroll, including but not limited to; base pay, bonuses, stock compensation, commissions, payroll taxes, employee changes, new hires, 401K, medical, H.S.A., equity transactions (ESPP, RSU, PSU) and other deductions.
- Manage, review, and approve team's month end closing processes, including preparing and posting journal entries and related account analysis.
- Aid in the design of, and ensure adherence to, appropriate internal controls (SOX)
- Prepare and/or review the appropriate account reconciliations on a monthly basis.
- Provide support for external Audits and Quarterly review procedures.
- Evaluate and ensure compliance with accounting policies and procedures.
- Mentor and develop a high-performing team through training, coaching, and regular performance feedback.
- Champion efficiency and continuous improvement of financial system through implementations and enhancements
- Working directly with the FP&A group to collaborate on budget assumptions and forecasts.
ESSENTIAL QUALIFICATIONS
- 10+ years of experience in Payroll (3-5yrs in a manager capacity)
- Experience with Workday Payroll required.
- Experience managing a Global Public Company Payroll process required.
- Strong ERP and Payroll systems background (Oracle/SAP, Workday, ADP, etc.)
- BS or MS in Finance, Accounting, or related field; MBA a plus
- Deep demonstrated understanding of payroll and tax law
- Strong analytical skills and comfort at summary and detail levels
- Interest and ability to grasp the business quickly
- Ability to influence and add efficiency
- Effective communicator at all levels of the organization; assertive but respectful and objective
DESIRED QUALIFICATIONS
- CPA, CPP, CPM or similar professional certification preferred
#LI-MR1
At Allegro, we are committed to providing a harassment-free environment of mutual respect to fuel innovation through inclusive thought collaboration. Allegro is an Equal Opportunity Employer and does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, national origin, veteran status, parental status, or any other basis covered by appropriate law. Allegro makes hiring decisions based solely on qualifications, merit, and business needs at the time.
Eligible applicants must reside in a state where Allegro currently has an office location: This includes New Hampshire, Massachusetts, Texas, Oregon, and Michigan. Certain positions (such as field sales roles) may be exempt from this requirement.
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Date Posted
02/24/2024
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