HCM Project Manager, Private Equity

A Day in the Life of a Private Equity Project Manager:

Each day holds opportunities for out-of-the-box creative problem-solving, collaborating with colleagues, partnering with vendor partners, impressing private equity firms, and being a client's superhero. We work with organized chaos requiring a fast pace, flexibility, and creativity daily. The satisfaction and intrinsic rewards of successful projects, client testimonials, and PE firms that ask for you by name are incredible! In this role, you will utilize your expertise in complex project management, change management, payroll, time & attendance, HR, HCM, and benefits will be utilized on nearly every project you lead. Our partners rely on your strategic insights, taking ownership of a carve-out and standing up a new company within a tight timeline. Your schedule will be flexible as most of our projects includes global implementations. Our implementation experience spans the world (check out our global footprint PayTech Global Footprint.)

With a typical domestic carve out, you will have about 60 days to collaborate with the vendor partner to setup an HCM/payroll system and process the first payroll. With carve-out projects, HR or payroll staff rarely accompany the deal. However, you are not alone; most of our projects are team engagements. You will collaborate with your Solution Consultant colleague, rolling up your sleeves to support tactical tasks such as data imports, data validation, testing, training, and payroll processing as needed. Whatever it takes to get the job done, you collaborate, communicate, and complete the task and never miss a deadline. Our partners, PE firms, and clients rely on you to see around the corners and provide guidance with solid recommendations.

A typical day might look like this:

It is 7:00 am, and you are ready to be on camera with your cup of coffee in hand. You are meeting with an in-country provider (ICP) who sits in the United Kingdom to discuss data requirements. Following the meeting, you connect with your teammate to share the requirements and template and coordinate the data-gathering effort. Your Smartsheet project workspace is always open, so that you can record the meeting notes, action items, and due dates.

You have flexed your schedule today as you have a meeting at 8 pm with your Australian ICP. Of course, you note it is Friday there, and you are always working a day ahead concerning due dates for the APAC region. You are taking an hour now to grab breakfast.

9:00 am is your weekly on-camera status meeting with your client and your Solution Consultant. You share the accomplishments, roadblocks, outstanding tasks, newly identified risks, and decisions made since your meeting last week. You learn of a potential go-live risk for China related to the banking set-up being delayed two weeks due to a national holiday. You quickly look at your project plan and confirm for the client (due to your experience w/China) that you started the bank account setup right after the project kick-off. As a result, the 2-week delay will not stop the first payroll processing.

You check your emails and see that your second project is changing the Transitional Services Agreement (TSA) date to a month earlier. This will require creative problem-solving as the parent company has refused to provide banking information for employee direct deposits. You immediately start formulating your Plan B and work with your Solution Consultant to gather the data, validate and provide it to the vendor, meeting the newly imposed deadline.

Lunch and a walk in the park provide a nice break and restore your energy. You have two projects you are manage, both are part-time, so you feel the work and life balance is just right with perfect focus time/flow. The day progresses with meetings, creative solutions, collaboration, and preparing for your 8 pm call. You have a nice break before your call and have dinner with your family. You reflect on the day that seems to have gone by so fast and feel a sense of pride for your productivity and accomplishments, looking forward to tomorrow.

MINIMUM QUALIFICATIONS:

At least 10 years of experience in payroll; managing staff, teams and projects, including merger & acquisition projects. Demonstrated understanding of key components of project management methodology. Ability to manage multiple clients and perform in a rapidly evolving environment. Must have excellent interpersonal skills and superior oral and written communication skills, including experience working with executive level management.