Who are we?
LMG is the largest aggregator across Australia and New Zealand supporting a community of over 7000 brokers and advisers. Proudly family-owned and led, LMG supports businesses operating under their own brand or the Loan Market brand, and partners with over 70 banks and lenders. The business has grown rapidly, reaching a $370 billion loan book and helping more than 300,000 customers in 2023.
We're not a conventional company with a lot of rules and hierarchy, and we don't intend to become one. We're a big company with a start-up attitude. Our success is based on hiring outstanding people and accepting nothing less than being the best at what we do.
About the role:
As the Manager, Payroll, you will be responsible for the end-to-end payroll function for the Group. You will be proficient in all payroll tasks and will also contribute to broader HR initiatives, including corporate and statutory reporting, external audits, process and system improvements, scoping and DD of systems, and onboarding and offboarding. You will focus on providing a high level of service to stakeholders across the group, creating efficiencies and "better ways of doing things" and will be able to work independently across all Loan Market Group entities in Australia and NZ. Your positive, can-do attitude and ability to be adaptable to changing priorities are essential in this position.
Key responsibilities:
Vendor and Stakeholder Management (Internal and External):
Ensure ongoing level of service with external providers including, Employment Hero, Keypay and CFS. Engage IT and Info Security to effectively manage any system upgrades/enhancements and ensure minimal disruption. Troubleshoot any issues as it relates to systems with the relevant parties. Engage with providers for any additional services, costings etc. On train payroll/HR in the systems in particular any new/additional system features. Represent payroll as needed at any internal meetings including with Audit, Tax, Finance. Support external organisations' requests for information i.e. OSR, ATO, Inland Revenue.
Business Improvement and Strategy:
Suggest, drive and implement business improvement initiatives. Streamline processes to create efficiencies. Use technology to enhance manual tasks i.e. reporting, API integrations and workflow automation. Set the strategy for Payroll.
Leadership:
Leadership and development of the payroll assistant. Onboard new payroll team members.
End-to-end processing of all employees within the fortnightly pay cycle:
Process timesheets, ordinary earnings & bonus payments. Calculate and pay terminations. Process remuneration increases and calculation of back payments. Balance general ledger reports. Prepare journals and reporting for the Finance team. Process monthly, fortnightly and out of cycle/additional payments for all corporate employees.
Payroll Administration:
Create new starters and remove terminations. Update and maintain payroll records. Document management of employee records. Create and maintain payroll training materials and guides. Draft letters of offer, employment agreements and variation letters if needed. Update terms of employment i.e. salary, hours, position, manager etc. Calculate redundancy and deeds of release. Manage payroll email inbox.
End of Month/Year Processes:
Complete end of month processes including: Superannuation process PAYG payments Calculation of payroll tax Monthly reporting Complete end of financial year processes for all employing entities. Complete end of financial year WorkCover estimates and declarations. Any other ad hoc tasks as required. To succeed in this role you will bring with you: Qualifications in a related discipline would be highly regarded. Preferred experience in Employment Hero, KeyPay and CFS super. Demonstrated payroll processing experience. Ability to work to deadlines for pay runs. Attention to detail. Customer-focused. Positive attitude and team player. Ability to manage time, take ownership of issues, and work independently. Excellent written and spoken communication and interpersonal skills. Numerical ability and data entry skills. Understanding of payroll legislation and processes i.e. tax, superannuation. Ability to interpret awards and relevant legislation. Our benefits: 6 'Me' days per year - days on top of your annual leave allowance to look after number 1, you! 16 weeks paid parental leave & up to 52 weeks paid superannuation. Paid Fertility Treatment leave. 12 days personal leave. Paid Study leave - let us help you develop your career by supporting your studies. Hybrid working - flex the working week in a way that suits you. Internal L&D programs - boost your skills and help carve your career path. Religious and cultural swap leave - swap a public holiday for a day you prefer to celebrate. Option to purchase additional annual leave - sometimes you need some extra time and we want to give you that choice. LMGPerks - Save thousands of dollars and grab huge discounts with the biggest brands. Paid volunteer day - take a paid day away from work to support a cause close to you. Employee referral program - we love it when our people refer their people! Wellbeing support - EAP to support you personally including financial and career advice. LMG high performers join our Accelerate program - we invest in your career and personal development. At LMG, we believe that a diverse and inclusive workforce is essential to our success. We're committed to creating a workplace where everyone feels valued, respected, and supported, regardless of their race, gender identity, sexual orientation, religion, age, or any other aspect of their identity. We recognize that diversity brings a variety of perspectives and experiences that are essential to fostering innovation and driving business success. As an inclusive employer, we strive to create a culture where everyone can thrive and bring their best selves to work every day.
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