Director, Global Payroll and Risk

Tuesday, August 13, 2024

Make sure to read the full description below, and please apply immediately if you are confident you meet all the requirements.

Who We Are

Magnit is the future of work. Serving hundreds of the world’s most recognizable brands for the past 30+ years, Magnit offers the industry’s first holistic platform for the modern workforce.

Magnit's integrated workforce management (IWM) platform supported by data, software, intelligence, and best-in-class services team is key to our clients’ success.

It can adapt quickly to regional or industry economic shifts, and provides the speed, scale, flexibility, transparency, and expertise required to meet an organization’s contingent workforce management, talent strategy and broader organization goals.

At Magnit, you’ll work with passionate colleagues who collaborate and deliver meaningful results that positively transform the largest companies around the globe.

About the role

The Director of Payroll and Risk will play a pivotal role in overseeing all aspects of the Company’s payroll function, risk management, and asset capitalization.

This leadership role will primarily be responsible for implementation of Ceridian Payroll to multiple countries across the globe as well as managing ongoing global payroll for 3000+ full time employees.

Additional related responsibilities include managing the corporate risk management, which is heavily focused on workers compensation matters.

Other responsibilities include managing global payroll tax compliance and planning for not only the 3000+ FTE, but also the 30K contingent worker population we deploy for our clients.

Finally, this role is responsible for fixed asset management as most is related to capitalized labor on global projects.

The successful candidate will lead a group of 20+ full time employees, collaborate closely with internal teams, external auditors, tax authorities, and outside vendors.

What You Will Do

• Grow and maintain an effective Global Payroll team through regular and measurable assessment. Continue to build team in respective regions as necessary.
• Collaborate with the management team to support the development and implementation of Payroll related compliance centric controls / processes designed to accommodate the business’ growth objectives.

Specifically, lead the implementation of Ceridian DayForce Payroll across several foreign jurisdictions.

• Regularly review, audit, and adjust internal controls to ensure that a superior quality service is delivered with world-class integrity and compliance.
• Ensure and foster cross functional collaboration with all internal and external stakeholders (e.g., Finance / Accounting, Technology, Financial Operations, Corporate Tax, Client Services, Contracts, Sales, Clients, Suppliers, Employees, and others).
• Serve as a Subject Matter Expert & point of escalation for the department and for internal teams on payroll related matters.
• Drive productivity and efficiency through process improvement and technology solutions while improving executive transparency and controls.
• Keep abreast of payroll tax and other regulatory requirements, organizational products / services / technology, staffing industry intelligence, and labor requirements.

This includes leading and managing a global payroll tax function with a high level of proficiency of systems and programs utilized (including Peoplesoft and Ceridian).

• Manage company & departmental initiatives.
• Act as a consultative partner during new client implementations or expansions, heightened needs for new business lines and in new countries or regions.

Specifically, you will lead the Corporate Risk team which, among other corporate insurance, manages workers’ compensation globally at implementation and during the entire life cycle.

• Create effective development plans for direct / indirect reports, ensuring retention and productivity.
• Assist with hiring, separation, and employee improvement plans.
• Provide direct training and an overall training plan for new hires, transfers and new promotions within the department.
• Direct workflow of team diversified over US, EMEA, and APAC and department processes including monitoring individual workloads and establishing priorities to effectively and efficiently meet timelines / deadlines while ensuring accuracy.
• Hands-on and willing / able to navigate / manage processes at a detailed level while also able to summarize key issues and manage at a conceptual level.
• Lead the operational aspects of Corporate Fixed Assets, primarily including capitalized labor for internal software projects.

Required Qualifications

• Bachelor’s degree in accounting, Finance, or related field; master’s degree or CPA preferred.
• Minimum of 10 years of progressive experience in global payroll, or related function.
• In-depth knowledge of federal, state, and international payroll / labor tax laws and regulations.
• Demonstrated systems implementation experience.
• Analytical and problem-solving skills with attention to detail.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments and levels of the organization.
• Proven leadership experience, with the ability to inspire and motivate a team to achieve results.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.

Salary Range is between $165,000 - $185,000 based on experience and location.

What Magnit will Offer You

At Magnit, you’ll be joining an innovative, high-growth environment and can quickly make an impact to help transform the largest companies in the world.

You will work with passionate colleagues who collaborate and deliver. Magnit offers all employees the opportunity for growth and development, and we want individuals to fulfill their potential and blaze their own trails!

Magnit will offer you a competitive benefits package, including unlimited PTO, medical, dental, and vision coverage, retirement planning, as well as discounts and perks for tickets, travel, merchandise and more! Magnit encourages employees to participate in giving back, and we will match employee contributions to favorite charities and support corporate volunteering hours to make a difference in your community!

If this role isn’t for you

Stay in touch, we will let you know when we have new positions on the team. To see a complete list of our open career opportunities please visit Magnit Careers.

To do our best work we need different viewpoints. Therefore, we celebrate diversity and embrace inclusion. As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills.

We strive to ensure that we maintain a positive and enriching work environment for all.

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