Fractional Payroll & Operations Director

Residential Mortgage Operations CompanyPosted 2 days ago

Job Description

Fractional, part-time payroll and operations professional to take ownership of payroll, commission processing, and related operational workflows for a growing residential mortgage operations firm transitioning to mortgage banking. Role should start in the coming month. Initial scope targets about 5–10 hours/week (with an expectation to reduce to under 5 hours/week through process improvement and automation). Success metrics: payroll paid on time, commissions calculated and paid accurately, and collaborative execution of payroll/process improvements.

Responsibilities

  • Own end-to-end payroll processing in Paylocity (weekly payroll runs, direct deposit).
  • Review and import timecards; preregister and reconcile timecard data.
  • Process bonuses and commission payroll (track mortgage commission payments and calculations; accept commission documentation from loan officers/brokers).
  • Ensure payroll deductions and 401(k) elections are applied correctly.
  • Produce and run labor distribution and other payroll reports; handle intercompany payroll tax transfers as needed.
  • Prepare and post payroll-related journal entries (coordinate format with finance lead as needed).
  • Coordinate with outsourced accounting provider and external CPA for report requests and year-end items.
  • Support 1099/1098 workflows with the outsourced accounting provider (coordinate, provide data/answers) and assist with year‑end tax needs.
  • Support insurance-related tasks: annual applications, worker’s comp audit integration, renewals, and certificates of insurance.
  • Drive process improvement and automation (system integrations and lightweight database/automation tools recommended) to reduce manual work and streamline payroll/commission workflows.
  • Triage payroll-related emails and ad hoc requests; collaborate directly with the founder or operations leadership.
  • Potentially support related HR/payroll-adjacent tasks and accounts payable as needed during a transition period.

Qualifications

  • Proven payroll experience, including direct use of Paylocity.
  • Experience with QuickBooks Desktop or similar desktop-based accounting workflows (VPN or remote desktop usage expectations).
  • Strong experience calculating and processing commissions and payroll-related journal entries.
  • Comfortable coordinating with external accounting providers and CPAs for reporting and year-end tasks.
  • Demonstrated ability to document, improve, and automate operational workflows (experience with automation/low-code tools is a plus).
  • Excellent attention to compliance nuances (1099 vs W-2 classification) and payroll tax handling.
  • Strong communicator; able to work directly with company leadership and external providers.
  • Senior operator (director/VP-level) preferred, though experienced individual contributors who can independently own payroll are acceptable.
  • Mortgage or residential real estate experience preferred but not required.
  • U.S.-based candidates preferred; availability for Central to West Coast hours preferred.

About the Company

A small-to-midsize residential mortgage operations firm focused on originating and servicing home loans. The organization is in transition toward a mortgage banking model and is modernizing HR, payroll, and accounting workflows to improve compliance and automation.

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