Financial Consulting Manager - Payroll Services at RSM

Are you an experienced payroll professional with a passion for helping organizations optimize their payroll operations? Do you thrive in a fast-paced, collaborative environment where you can make a real impact? If so, RSM is looking for a talented and driven Financial Consulting Manager to join our Payroll Services team in Baltimore, Maryland. As a Financial Consulting Manager, you will play a critical role in leading client engagements, assessing payroll operations, developing optimization strategies, and implementing solutions that drive efficiency, compliance, and cost savings. You will work with a diverse range of clients across various industries, helping them transform their payroll functions and achieve their business goals.

Role Overview

The Financial Consulting Manager - Payroll Services is a leadership position within RSM's managed payroll practice. In this role, you will be responsible for leading client engagements that involve assessing, transitioning, and optimizing payroll operations. You will serve as a trusted advisor to organizations, helping them establish compliant, efficient, and scalable payroll service delivery models. Your primary focus will be on delivering measurable value, strengthening client relationships, and advancing the growth of the managed payroll practice.

You will oversee all aspects of client engagements, from initial assessment to implementation and ongoing support. This includes conducting comprehensive payroll operational assessments, developing future-state operating models, standardizing processes, driving automation, and ensuring compliance with all applicable regulations. You will also be responsible for managing engagement budgets and timelines, as well as mentoring and developing junior team members.

A Day in the Life

As a Financial Consulting Manager, your day-to-day activities may include:

• Meeting with clients to understand their payroll challenges and goals.
• Conducting payroll operational assessments to identify risks, inefficiencies, and cost drivers.
• Developing optimization roadmaps and future-state operating models.
• Presenting recommendations and business case outcomes to executive stakeholders.
• Standardizing payroll processes, controls, and documentation.
• Driving automation and process improvements.
• Supporting remediation of complex payroll issues and compliance inquiries.
• Managing engagement budgets and timelines.
• Mentoring and developing junior team members.

Why Baltimore, Maryland?

Baltimore, Maryland, offers a unique blend of history, culture, and opportunity. As a major Mid-Atlantic city, Baltimore boasts a thriving business community, a diverse population, and a wide range of attractions and amenities. The city is home to numerous Fortune 500 companies, as well as a growing number of startups and innovative businesses. Baltimore is also a major transportation hub, with easy access to major highways, airports, and ports.

In addition to its economic advantages, Baltimore offers a high quality of life. The city is home to world-class museums, theaters, and restaurants, as well as numerous parks and green spaces. Baltimore is also a relatively affordable city, with a lower cost of living than many other major cities in the United States.

Career Path

At RSM, we are committed to providing our employees with opportunities for career growth and development. As a Financial Consulting Manager, you will have the opportunity to advance your career within our managed payroll practice or explore other areas of our consulting business. We offer a clear career path for our employees, with opportunities for advancement to Senior Manager, Director, and Partner levels.

We also provide our employees with ongoing training and development opportunities to help them stay up-to-date on the latest industry trends and best practices. We offer a variety of training programs, including online courses, in-person workshops, and professional certifications.

Salary and Benefits

RSM offers a competitive salary and benefits package to our employees. The salary for a Financial Consulting Manager in Baltimore, Maryland, typically ranges from $110,000 to $160,000 per year, depending on experience and qualifications. We also offer a comprehensive benefits package that includes:

• Health insurance (medical, dental, and vision)
• Paid time off (PTO) and holidays
• 401(k) retirement plan with company match
• Employee stock purchase plan (ESPP)
• Life insurance and disability coverage
• Professional development opportunities and training programs
• Tuition reimbursement
• Employee assistance program (EAP)
• Wellness programs
• Flexible work arrangements

RSM Culture

At RSM, we are committed to creating a supportive and inclusive work environment where all employees can thrive. We believe that our people are our greatest asset, and we are committed to providing them with the resources and opportunities they need to succeed. We foster a culture of collaboration, innovation, and continuous improvement.

We also believe in giving back to the communities where we live and work. We encourage our employees to volunteer their time and talents to support local charities and organizations. We also offer a matching gift program to encourage our employees to donate to the causes they care about.

How to Apply

If you are interested in joining our team as a Financial Consulting Manager, we encourage you to apply online through our careers website. To apply, please submit your resume and cover letter, highlighting your relevant experience and qualifications. We will review your application and contact you if we believe you are a good fit for the role.

Frequently Asked Questions (FAQ)

1. What is the typical career path for a Financial Consulting Manager at RSM?

The typical career path includes advancement to Senior Manager, Director, and ultimately, Partner. RSM provides ample opportunities for professional growth and development.

2. What kind of training and development opportunities are available?

RSM offers a variety of training programs, including online courses, in-person workshops, and professional certifications, to help employees stay current with industry trends and best practices.

3. What is the work-life balance like at RSM?

RSM is committed to providing employees with flexible work arrangements and a supportive work environment to help them achieve a healthy work-life balance.

4. What benefits does RSM offer?

RSM offers a comprehensive benefits package, including health insurance, paid time off, a 401(k) plan, and employee stock purchase options.

5. What is the company culture like at RSM?

RSM fosters a collaborative, innovative, and inclusive culture where all employees are valued and supported.

6. How does RSM support employee well-being?

RSM offers wellness programs, an employee assistance program (EAP), and other resources to support employee well-being.

7. What opportunities are there to give back to the community?

RSM encourages employees to volunteer and supports local charities and organizations through a matching gift program.

8. What are the key responsibilities of a Financial Consulting Manager?

Key responsibilities include leading client engagements, assessing payroll operations, developing optimization strategies, and managing engagement budgets and timelines.

9. What qualifications are needed for this role?

Qualifications include a bachelor's degree, several years of experience in payroll or consulting, and strong analytical and communication skills.

10. What type of projects will I be working on?

You will be working on projects involving payroll assessments, operating model design, transition management, and implementation activities for various clients.