Vice President - Payroll Operations & Administration
No salary listed
Expert
Bachelor's
Philadelphia, PA, USA
In Person
AccountingPayroll Accounting
About the job
Requirements
- A bachelor's degree in accounting, finance, human resources, or a related field is required.
- At least 12 years of progressive payroll experience, including at least 5 years leading a payroll function within a complex, multi-state organization.
- Demonstrated command of payroll tax, wage and hour regulation, garnishment administration, and year-end reporting requirements.
- Hands-on experience with an enterprise payroll and time platform, and comfort working alongside systems teams on configuration, testing, and integrations.
- Demonstrated ability to lead teams, manage complex cross-functional relationships, and communicate effectively with senior leaders, auditors, and external service providers.
- Working knowledge of payroll accounting, including accruals, reconciliations, and payroll entries that flow into financial statements.
Responsibilities
- Own the full payroll cycle for all pay groups, ensuring payroll is processed accurately and released on schedule.
- Oversee international payroll administration in partnership with in-country providers and local finance teams.
- Direct off-cycle payments, retroactive adjustments, bonus and commission payments, severance, relocation, and equity-related payroll events.
- Establish and monitor service levels for payroll inquiries, escalations, and case resolution.
- Lead and develop the payroll team, establishing clear responsibilities, cross-training, and appropriate coverage for critical payroll activities.
- Maintain a documented payroll control environment, including segregation of duties, approval authorities, and appropriate audit evidence.
- Ensure compliance with applicable federal, state, and local payroll, wage and hour, withholding, garnishment, and reporting requirements.
- Oversee payroll tax registrations, deposits, quarterly and annual filings, W-2 reporting, and amendments.
- Own payroll support for internal and external audits, including the annual workers' compensation audit.
- Own the payroll general ledger interface and ensure payroll entries, accruals, and reconciliations are completed accurately within monthly, quarterly, and year-end close timelines.
- Calculate and record monthly payroll allocations and bonus accruals.
- Prepare and support payroll reporting and analysis for Accounting, Human Resources, and other business stakeholders.
- Oversee day-to-day payroll administration of the company's 401(k) plan in partnership with Human Resources and the plan recordkeeper, including enrollment, deferrals, loans, and payroll-related data feeds.
- Calculate and validate employer contributions and the annual true-up in accordance with the plan document and applicable eligible compensation definitions.
- Maintain accurate accounting and reconciliations for employer contributions and related liabilities.
- Lead payroll support for the annual plan audit, Form 5500 process, and compliance testing, and coordinate resolution of payroll-related errors or corrective contributions.
- Partner with Financial Systems and Human Resources to drive the payroll and timekeeping technology roadmap, including system enhancements, integrations, testing, and configuration changes.
- Identify opportunities to automate manual processes, strengthen system controls, and improve payroll data quality and reconciliation.
- Establish standardized payroll calendars, procedures, and documentation to support scalability, consistency, and business continuity.
- Evaluate payroll processes and system capabilities to support organizational growth and evolving business requirements.
Desired Qualifications
- Experience leading a payroll system implementation, conversion, or shared-services transition.
- Exposure to international payroll and equity compensation reporting.
- Certified Payroll Professional (CPP) certification.
- Experience with Dayforce.
About the company
Future Standard operates as a Philadelphia-based private markets investment platform serving the U.S. middle market. It manages capital across private equity, credit, real estate, infrastructure, and multi-asset strategies, including direct investments, primary and secondary private equity, and tailored financing. Its private equity activities cover buyouts, venture capital, growth equity, and special situations, while its credit arm supports middle-market companies across the capital structure. The goal is to provide comprehensive capital solutions for middle-market businesses and grow assets under management by offering a broad set of strategies under one platform.
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Philadelphia, Pennsylvania
Founded
N/A
Get referred to Future Standard
See people who can refer or advise you
Simplify's Take
What believers are saying
- September 2026 newsroom updates show active dealmaking and fundraising momentum.
- Edwin Conway became CEO on July 14, 2026, sharpening leadership after Forman.
- Chris Keogh joined to deepen institutional and wealth distribution before autumn 2026.
What critics are saying
- Moody's cut FS KKR Capital Corp to Ba1 in March 2026.
- Non-accrual loans reached 5.5% at end-2025, pressuring returns and borrowing costs.
- KDC control option and Velonex integration create execution risk across two acquisitions.
What makes Future Standard unique
- Future Standard runs middle-market private equity, credit, and real assets on one platform.
- June 2026 PASF V closed at $3 billion, proving secondaries franchise scale.
- August 2026 KDC stake extends into infrastructure development, not just capital allocation.
Help us improve and share your feedback! Did you find this helpful?
Benefits
- Health Insurance
- 401(k) Retirement Plan
- Remote Work Options
- Hybrid Work Options
- Paid Vacation
- Paid Holidays
- Flexible Work Hours
- Wellness Program
- Mental Health Support
- Phone/Internet Stipend
- Home Office Stipend
- Professional Development Budget