Arch Capital Looking for VP, Payroll Operations at Greensboro, North Carolina Full Time

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Arch is seeking a Vice President, Payroll Operations who is responsible for direct oversight of payroll shared services for Arch’s U.S. and Canada based employers. This position will liaise with and coordinate payroll activities with separately managed payroll functions located in Bermuda, UK, Ireland, Switzerland and Australia, as well as with Arch’s HR leadership team, business segment CFOs and Controllers, Treasury team, third-party service providers and internal and external auditors.

The VP must have a strong background in financial accounting (i.e., general ledger reporting, data management and system operations), share-based payroll compensation, fringe and expatriate benefits and knowledge of payroll tax reporting in multiple tax jurisdictions. The candidate must have proven leadership skills and be able to deliver service excellence and continuous improvement for Arch’s payroll shared service customers. The candidate will be responsible for standardizing payroll and share-based payroll processes and reporting across multiple payroll groups. The VP, Payroll Operations will report to the VP & Controller.

Job Responsibilities:

• Strategically supervise, motivate and lead the payroll shared team ensuring timely and accurate processing of payroll for 3,000+ employees.
• Manage the workflow of payroll operations to ensure optimal efficiency and maintain high standards of customer service for Arch’s U.S. and Canada-based employers and employees.
• Ensure flow of data from Workday payroll system is accurately and effectively reported and reconciled to third parties.
• Drive uniform Workday payroll and share-based payroll reporting across all payroll groups.
• Enhance the accounting and reporting of global payroll data into the new ERP.
• Work towards implementing effective reconciliations globally of financial ledger balances sourced by payroll.
• Liaise with HR, Compensation and Benefit teams and CFOs and Controllers regarding payroll related accounting and reporting.
• Drive efficiency, timeliness and accuracy in the payroll accounting process by strong integration with internal and external resources through the use of technology.
• Prepare and maintain goals and career development plans for all direct reports.
• Stay current and advise on payroll related reporting and compliance/regulatory changes that may impact the payroll reporting process.
• Manage internal and external payroll audits and SOX processes.

Required Skills/Experience:

• Strong experience working with Workday, ADP payroll management software.
• Strong knowledge of payroll reporting for long-term incentive plan instruments and understanding of compensation programs including expatriate programs and employee benefits.
• 10+ years payroll accounting experience in a similar role managing payroll in a multi-entity environment.
• Experience in leading and managing people/teams and ability to partner with global business unit leaders for building alignment and for driving change.
• Extensive knowledge of payroll function management including preparation, reconciling, internal controls, payroll taxes and year end reporting.
• Strong knowledge of payroll reporting for long-term incentive plan instruments and understanding of compensation programs including expatriate programs and employee benefits.
• Strong skills in Microsoft Office Suite: Excel, PowerPoint, ability to model and create complex spreadsheets, look up tables, pivot tables, and understand/analyze the results.
• Adept with the various payroll regulatory environments.
• Cross functional collaborator and communicator.

Desired Skills/Experience:

• Superior time management, strategic thinking, planning and prioritization skills.
• Excellent interpersonal and leadership skills. Experience building and managing a team.
• Capable of interacting effectively at all levels within the Company.
• Very strong analytical, writing and organizational skills.
• Knowledge in SOX and internal controls compliance.

Education:

• Bachelor’s Degree in Accounting, Business Administration, Finance or related field.

The Company:

Arch Capital Group Ltd. is a Bermuda-based company which provides insurance, reinsurance and mortgage insurance on a worldwide basis. Arch Capital Services LLC provides support and expertise to entities across ACGL to help them operate effectively and efficiently. With a company culture rooted in collaboration, expertise, and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Our Values— to work hard and smart, embrace the power of teamwork, continually pursue innovation and improvement, exhibit honest and integrity in all we do, and strive to make a difference — define and shape our behaviors and our culture. We believe a diverse workforce and commitment to inclusivity help fuel our success. Our people are one of our greatest strengths, and we strive to attract, develop, engage and retain top talent with career opportunities and a comprehensive Benefits package. Learn more about #TeamArch and #LifeAtArch on our Careers page or on LinkedIn. #LI-AT1 #LI-Hybird #LI-Remote

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.

Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously.

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