Roles and missions of the payroll manager
Payroll managers are tasked with various duties and responsibilities. Their main roles and missions include:
- Manage and maintain up-to-date and accurate payroll records. This may include entering data, verifying information, and updating employee information.
- Calculate and pay salaries and other employee benefits. This includes handling complaints and claims for overtime pay, overtime and paid time off.
- Ensure compliance with laws and regulations applicable to payroll systems and benefits management.
- Produce payroll reports and pay vouchers to inform employees and governments of payments made.
- Manage social funds and prepare declarations and payments to tax authorities.
- Resolve employee complaints and communicate with tax departments to resolve tax-related issues.
- Negotiate and implement payroll contracts and social protection contracts.
- Perform internal audits on the payroll system and other processes.
- Ensure the confidentiality of employees' personal information.
- Provide advice to managers on payroll and social security matters.
In short, payroll managers are responsible for the preparation, processing and payment of payroll and employee benefits. They are also responsible for ensuring compliance with tax laws and regulations and the protection of data and privacy of employee information.
Payroll manager salary and career development
A payroll manager's salary is generally one of the best salaries in the accounting profession, and increases with experience and performance. Here is a list of the evolutions of the annual gross salary for a payroll manager in France according to his years of experience:
- 0 to 2 years: between €25,000 and €35,000
- 2 to 5 years: between €35,000 and €45,000
- 5 to 10 years: between €45,000 and €55,000
- 10 to 15 years: between €55,000 and €65,000
- More than 15 years: more than €65,000
Once the payroll manager's salary and years of experience have been acquired, several career paths are possible. Here are the 5 most common professions:
- Employee Relations Manager: This position involves managing employee salaries, benefits and pensions.
- Management controller: this position consists of analyzing and improving the financial performance of a company.
- HR Consultant: This role involves helping companies reduce costs, improve processes and promote new technologies.
- Budget Analyst: This position involves developing and overseeing corporate budgets and financial strategies.
- Chief Financial Officer: This position involves overseeing and managing all of a company's financial and accounting activities.
