Payroll Manager

Location: New York, New York, United States
Date Posted: 05-23-2018
Payroll Manager
New York, New York

Business Summary

Brookfield Asset Management Inc.  (“Brookfield”) is a global alternative asset manager with over $330 billion in assets under management. Brookfield has over a 115-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity. Brookfield offers a range of public and private investment products and services, which leverage their expertise and experience and provide a distinct competitive advantage in the markets in which they operate. Brookfield is co-listed on the New York and Toronto Stock Exchanges under the symbols BAM and BAM.A, respectively, and on the NYSE Euronext under the symbol BAMA. For more information, please visit our web site at

The Technology Group and Human Resources Support Services are internal functions providing global operations and business supports across Brookfield Asset Management business segments.

Position Summary
Reporting to the Head of North America Payroll, the Manager, Payroll (US) is responsible for leading and managing a US payroll operations team dedicated to specific Brookfield companies, which include union and non-union employees, director’s fees, and retirees, and benefits.  The Manager will ensure compliance with Federal and State legislation as well as Fair Labor Standards Act that applies to payroll and ensuring compliance with company policies and SOC1 requirements.
Partnering with the respective Brookfield companies’ HR teams, the incumbent oversees the audit and processing of new hires, terminations, status changes, allocation changes, pay rate increases, retro and bonus pay, and manual checks, prepares import templates for salary increases and retro and bonus payments, oversees and approves payroll journal entries and general ledgers and oversees and approves payroll, benefits and union dues funding.
The Manager, Payroll (US) is also responsible for working with the Brookfield HRIS team for Workday HRIS payroll and benefits tables and codes administration and to create Workday HRIS environment change requests and validate test results when received before they are put into production.

  • Manage Payroll Operations team for US; responsible for coordinating workflow through the department and delegating as required; coach and direct the Payroll team
  • Serve as US Payroll subject matter expert within the HR workgroup and in Workday HRIS
  • Ensure accurate and timely processing of payroll, payroll funding, tax filing on a pay period and on-going basis
  • Co-ordinate changes of custom reports, journals, new payroll codes as required within Workday HRIS
  • Set guidelines for payroll team, set payroll schedule, timelines/deadlines for HR and managers to provide information to payroll for processing
  • Conduct various payroll audits to ensure accuracy and quality control; work with auditors as required
  • Ensure on-going, quarterly and Year-End reporting is balanced and filed in accordance with legislation and deadlines are met
  • Perform semi-annual reviews
  • Double check and approve all payroll third party payments, payroll journals and payroll funding documents.
  • Approve withholding calculations for stock option plans and the input process for accurate W2 reporting. Ensure all processes documentation and compliance with Sarbanes Oxley and local, state and national regulatory agencies
  • Ensure the team is consistently delivering products & services up to the expected standards
  • Demonstrate productive analytical thinking when it comes to solutioning
  • Demonstrate assertiveness, where appropriate, through respectful and clear communication tactics
  • Collaborate with team members and across functions to achieve deliverables
  • Provides service to internal and external partners and clients in line with our global service delivery standards
  • Exhibit effective presentation skills through clear expression of information and appeal to the audience both aesthetically and persuasively
  • Prioritize process improvement consistently
  • Maintain continuous level of engagement between team, department and tower members, cross-functionally and with clients, as required
  • Understand and apply big picture thinking to create strategic roadmaps and objectives
  • Provide and manage processes to support a high degree of customer service 
  • Hire and develop talent for his/her team to support organic and strategic growth
Qualifications & Requirements
  • Minimum 10 years of payroll management experience (specifically processing and running payroll)
  • Minimum 3 years of people management experience (in a Payroll Management capacity)
  • FPC certification required; CPP preferred
  • Excellent understanding of payroll and accounting
  • Working knowledge of Workday
  • Strong relationship management skills, with a focus on internal client management
  • Advanced knowledge of Microsoft Excel and Word
  • Excellent verbal and written communication skills
  • Employs exceptional interpersonal skills
  • Ability to travel 5-10% of the time (international travel)
Brookfield welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.
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