Global Head of Payroll - Vice President / Senior Vice President

<h3><strong>About the Role</strong></h3> <p>iCapital is seeking a Vice President or Senior Vice President to join the Corporate Finance team as a seasoned, strategic payroll executive. This role will be responsible for the end-to-end global payroll function, including payroll operations, payroll accounting and controls, vendor governance, and payroll-related risk management.</p> <p>This role owns the company’s global payroll strategy and operating model and directly manages a team overseeing payroll services. This individual will ensure payroll is executed accurately, compliantly, and on time across all jurisdictions while enabling scalability, strong internal controls, and an excellent employee experience.</p> <p>Reporting into Corporate Finance leadership, this role partners closely with the Accounting, Tax, Treasury, Legal, and HR teams. A key area of responsibility is oversight of equity compensation as it flows through payroll, including taxable equity events, withholding and deposits, reconciliation, and reporting. This is a highly visible role with regular interaction with senior leadership and auditors, offering the opportunity to shape payroll as a strategic, enterprise-level function.</p> <h3><strong>Responsibilities</strong></h3> <ul> <li>Define and execute the global payroll strategy, operating model, and governance framework, balancing global consistency with local regulatory requirements.</li> <li>Lead and develop a high-performing global payroll team, fostering a culture of accountability, precision, and continuous improvement.</li> <li>Own payroll governance, internal controls, and risk management, ensuring audit readiness and compliance across all jurisdictions.</li> <li>Manage day-to-day and strategic relationships actively with payroll managed services partners, including SLAs, KPIs, escalations, and quarterly business reviews.</li> <li>Ensure accurate and timely processing of all pay elements, including salary changes, bonuses, commissions, equity-related payments, leaves, deductions, garnishments, severance, and one-time payments.</li> <li>Partner with the Accounting team on payroll accruals, balance sheet reconciliations, variance analysis, and financial reporting impacts.</li> <li>Partner with the Treasury team on payroll funding cycles, banking relationships, and liquidity planning tied to payroll and equity settlement activity.</li> <li>Oversee payroll aspects of equity compensation, including coordination with Stock Administration on RSU vesting, stock option exercises, and other taxable equity events.</li> <li>Ensure correct tax withholding, timely payroll tax deposits, and accurate reporting for equity compensation based on award type and settlement timing.</li> <li>Oversee U.S. (W‑2s, 1095s), Canadian, and other global year-end payroll reporting and filings, delivered accurately and on schedule.</li> <li>Manage payroll-related compliance activities, including multi-state registrations, employment tax requirements, audits, and government inquiries.</li> <li>Serve as the executive escalation point for complex payroll issues and employee inquiries, ensuring prompt resolution and clear communication.</li> <li>Drive payroll technology optimization, integration, and process improvements in partnership with HRIS, ERP, and Finance systems teams.</li> </ul> <h3><strong>Qualifications</strong></h3> <ul> <li>Bachelor’s degree in finance, accounting, or a related field; advanced degree is preferred</li> <li>10+ years of progressive payroll leadership experience, including ownership of multi-state U.S. payroll and exposure to global payroll operations</li> <li>Demonstrated experience leading payroll teams and operating within an outsourced or managed services payroll model</li> <li>Strong understanding of payroll accounting, internal controls, audit requirements, and SOX-aligned processes</li> <li>Proven experience managing the payroll implications of equity compensation (i.e. RSUs, stock options), including taxation, withholding, deposits, and reporting</li> <li>Certified Payroll Professional (CPP) or similar designation is strongly preferred</li> <li>Advanced proficiency in Microsoft Excel and payroll-related reporting and reconciliations</li> <li>Experience with major payroll platforms and HCM and ERP integrations; familiar with Namely HR or Ceridian Dayforce is a plus</li> <li>Exceptional attention to detail, sound judgment under pressure, and ability to meet firm payroll and close deadlines</li> <li>Executive presence with strong communication skills and the ability to partner effectively across finance, tax, legal, human resources, and technology teams</li> <li>Willingness to plan time off around payroll cycles, year-end processing, and critical business initiatives</li> </ul> <h3><strong>Benefits</strong></h3> <p>The base salary range for this role is $160,000 to $220,000.  iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).</p> <p>We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.</p> <p>For additional informa