Payroll Manager Salary in Manhattan, NY

Collaborate with Head of HR to develop and implement payroll strategies, policies, and procedures.Oversee a team of three payroll specialistsManage biweekly payroll processing for approximately 1200 employees (full time and part time staff)Ensure accurate processing of payroll for all employees Clean up and optimize existing payroll processes to enhance efficiency and accuracy.Provide oversight for payroll operations across multiple sites and departments within the organization.Stay informed about state and federal payroll regulations and ensure compliance with all applicable laws.Ensures compliance with federal, state and local laws and regulationsMPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.Knowledge and experience with accounting principles, payroll systems implementations and managementExtensive knowledge of the payroll function, including balancing, internal controls, and payroll taxes across diverse jurisdictionsKnowledge of payroll software, UKG preferred

Key Responsibilities of the HR Generalist include:Serve as the primary point of contact for employee inquiries, providing guidance on HR policies and procedures.Oversee day-to-day employee benefits administration, including leave processing and enrollment changes.Support the Global HR Manager in data management tasks such as HRIS maintenance and compliance reporting.Manage the entire new hire onboarding process.Coordinate staff recruitment from posting positions to conducting reference checks.Ensure adherence to local, state, and federal regulations and internal policies through training rollout and tracking.Assist in annual performance review processes.Act as backup for payroll processing and collaborate closely with the Finance Director.Maintain HR documentation in the firm's document management system.Contribute to employee engagement initiatives and diversity & inclusion events.Handle other HR projects as assigned.MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.Qualifications of the HR Generalis include:Bachelor's degree.3-5 years' experience in a generalist HR role, preferably within a legal or professional services firm.Familiarity with both domestic and international HR practices, particularly in London and Paris.Strong benefits knowledge is REQUIRED.Proficiency in benefit administration, recruiting, and HRIS systems; payroll experience is a plus, with ADP experience desired.Strong communication skills, both verbal and written.Exceptional attention to detail and organizational abilities.Ability to manage multiple tasks and deadlines independently and collaboratively.Demonstrated discretion and confidentiality.Proficiency in Excel and a willingness to learn new technical systems.Resourceful, dependable, proactive, with a positive attitude.Willingness to work overtime and travel as needed.

Manage end-to-end payroll operations, ensuring timeliness, accuracy, and an elevated internal client experience.Process semi-monthly payroll, commissions, and bonuses.Maintain General Ledger reconciliation for each payroll submission.Proactively identify and resolve any payroll discrepancies or issues to maintain a positive employee experience and operate as an escalation point for additional payroll related issues and questions.Identify areas of improvement with Payroll processes and manage implementation of solutions.Perform regular data checks to ensure employee changes in HRIS and payroll system are reflected accurately in employee profiles.Perform regular reviews of paid time off (PTO) policies ensuring proper set up and assignments.Partner with HR Financial Control and Finance department to ensure payroll, bonus and benefits accruals and costs are recorded accurately with month end close and budgeting/forecasting processes.Facilitate training sessions and workshops that empower employees to understand and make the most of their payroll and benefits offerings.MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.Client-centric individual who thrives in a fast-paced and dynamic environment.Professional presentation; able to communicate effectively both verbally and in writing with all employees, and management.Strong ability to drive for results without compromising ethics and quality.Demonstrated knowledge of wage & hour laws, garnishment and tax related issues in the US and Canada.Prior experience with ADP Workforce Now strongly preferred.Technologically adept with proficiency in Microsoft tools (e.g. MS Word, MS Excel, Outlook).Excellent attention to detail, to complete tasks with a high level of accuracy.Strong business acumen and analytical skills with the ability to read and analyze reports and perform fundamental calculations.Ability to work autonomously, while managing multiple assignments within specified deadlines.

Supports critical workforce activities, including but not limited to headcount reporting and analytics, financials/expenses, promotions, diversity and inclusion, performance, talent management, and key cross-HR initiativesCollaborates with compensation, talent acquisition, and business partners in partnership with HR Managers to provide appropriate guidance on employee compensation, both at an individual level as well as in aggregate, while maintaining a focus on expense managementTime keeping, collecting and processing time-off forms, ensuring accurate records are kept.Payroll preparation and processingAnnual review of benefits, making recommendations to management.Counsel, discipline and terminationPerformance management and performance counseling.Ensure consistent practices and procedures are adhered to regarding employee confidentiality and maintenance of accurate and current personnel records.Act as primary contact with employment legal counsel and external government agencies.Develop, recommend, and implement personnel policies and procedures for employment, benefits, compensation, training, manpower planning, employee relation, etc. in compliance with bank policies and US laws and regulations.MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.Bachelor's degree in Human Resources, Business Administration, or related fieldExtensive experience in human resources management within the banking or financial services industry.Strong knowledge of HR principles, practices, and regulationsExcellent communication skills, with the ability to build relationships and influence stakeholdersProven leadership abilities with experience in managing and developing HR staff.Detail-oriented with strong organizational and problem-solving skills.Ability to handle confidential information with discretion and integrity.Proficiency in HRIS systems and Microsoft Office Suite.Adaptability and resilience to thrive in a fast-paced, dynamic environment with evolving priorities.