Executive Director of Payroll Strategy

2 days ago

Hyderabad, Telangana, India CFT Consulting Full time

Job Overview

CFT Consulting: A Leading Player in Payroll Operations

The Executive Director of Payroll Strategy will be responsible for overseeing the efficient and accurate execution of payroll operations at CFT Consulting. This role involves strategic leadership, ensuring compliance with federal and state regulations, and driving process improvements to support scalable growth.

About the Role

This is a key position that requires extensive payroll management experience, strong leadership skills, and a thorough understanding of payroll systems and best practices. The ideal candidate will have a proven track record of success in managing payroll operations, leading teams, and driving strategic planning.

Key Responsibilities

The Executive Director of Payroll Strategy will be responsible for:

  • Strategic Leadership:
    • Team Leadership: Lead and mentor the payroll operations team to ensure timely and accurate payroll processing.
    • Strategic Planning: Develop and implement payroll strategies aligned with organizational goals and future growth plans.
    • Cross-Functional Collaboration: Collaborate with senior leadership, HR, Finance, and other departments to forecast payroll needs and align payroll strategies with broader organizational initiatives.
  • Operational Management:
    • Compliance: Oversee all payroll functions, ensuring strict adherence to local, state, and federal payroll laws, regulations, and tax requirements.
    • Process Management: Manage payroll schedules, reporting, and internal audits to maintain operational efficiency and accuracy.
    • Record Keeping: Maintain accurate and up-to-date payroll records and systems, ensuring data integrity and security.
    • System Integration: Partner with HR and Finance departments to integrate payroll processes with broader financial operations, including general ledger, benefits, and time and attendance systems.
    • Problem-Solving: Identify and resolve payroll-related issues and discrepancies promptly and effectively.
    • Process Improvement: Continuously evaluate and improve payroll processes to enhance efficiency, accuracy, and compliance.
Qualifications and Skills

The ideal candidate will possess:

  • An MBA in Accounting, Finance, Human Resources, or a related field.
  • No less than 9 years of experience in payroll management, with a proven track record of success.
  • In-depth knowledge of federal, state, and local payroll laws and regulations.
  • Experience with payroll systems and software, including payroll tax software.
  • Strong analytical and problem-solving skills.
  • Excellent organizational and time management skills.
  • Strong leadership and team management skills.
  • Excellent written and verbal communication skills.
  • Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
Compensation Package

We offer a highly competitive salary package, estimated to be around $120,000 - $150,000 per annum, depending on experience and qualifications. In addition, we provide a comprehensive benefits package, including health insurance, retirement plan, and paid time off.

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