Payroll Manager Career

The payroll manager takes on an important role in an organization or company.  He is tasked to manage processing as well as disbursement of payroll based on the federal and state laws.  He is to make sure that the payroll staff is working effectively and efficiently.  The payroll manager handles payroll analysis, evaluations of tax and benefits procedures, make necessary recommendations, and implement the necessary changes.  Other activities such as audits, reconciliation of data, implementation of payroll and benefits system, and management reports are done by the payroll manager.

Processing of newly hired staff, temporary workers, promotions, transfers, and terminations are supervised by the payroll manager.  He makes sure that records are accurate and are accomplished on time.  Having a business or business-related background together with work experience, qualifies one for a payroll manager career.

How to become a Payroll Manager

To become a payroll manager, one must earn a bachelor’s degree in business or any other business-related field.  Gain relevant working experience in the payroll department.  One must be familiar with payroll tax at all levels. One must be proficient in computer applications as well.  Skills in communication, management, leadership, organization, analysis, problem solving, and human relations are a must for this type of career.Obtain a certification through a certifying body.

Payroll Manager Courses, training, programs

A business degree helps one gain the necessary knowledge and skills required for this type of career.  Through the program, one gains background in various areas such as accounting, business law and ethics, management, marketing, economics, business finance, business statistics, accounting transactions, business decisions, and business strategies.  The program also includes courses that allow the student to gain practical skills.

TOP 5 colleges/Universities

Stanford University, California

Harvard University, Massachusetts

Massachusetts Institute of Technology (Sloan), Massachusetts

University of Pennsylvania (Wharton), Pennsylvania

Northwestern University (Kellogg), Illinois

Payroll Manager Jobs, opportunities, salaries/pay

A payroll manager has the opportunity to earn from $34,589 to $84,559 per year depending on the work location, employer, experience, and benefits.  Employment may be found in various industries such as healthcare, education, construction, manufacturing and distribution, and retail.

Category: Banking Careers

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