Senior Analyst,Regional Payrol
- Northern Trust Corp
- 6 to 8 Yrs
- Bengaluru
- 11 months ago
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Job Description
About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world s most sophisticated clients using leading technology and exceptional service.
Working Model:
Hybrid : We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.
Role/ Department:
Reporting into the Regional Payroll Manager, this role will be part of the wider Payroll team. The successful candidate will be responsible for processing payroll for all employees of Northern Trust across the region. The Payroll team deal with various departments across the business such as the HR Service Centre, Finance, Benefits, Compensation and Exec Compensation.
The key responsibilities of the role include:
Perform daily payroll activities for the countries assigned to ensure production of assigned payrolls including complex and year-end activities.
Review adjustment requests to ensure compliance with corporate policies, employment tax & payroll laws.
Advise management of appropriate corrective action if an error occurs.
Record monthly payroll metrics
Respond to employee queries to explain pay and impact of policies, tax law and related changes.
Analyse existing policies & procedures to ensure compliance with tax & payroll-related laws and regulations.
Recommend and implement modifications of existing payroll processes, in compliance with laws and regulations.
Work with vendors and review payroll applications to ensure changes are correctly reflected on the payroll.
Participate in system testing, payroll implementations, process improvements & payroll projects.
Prepare payroll tax and general ledger accounts/activities; liaise with finance to reconcile discrepancies.
Research and monitor regulatory and legislative changes impacting payroll areas of responsibility.
Performs vendor management activities to ensure adherence to corporate vendor management standards.
Serves a key subject matter expert.
Review team members work; including but not limited to review of payroll input and manual calculations.
Cross Train & acquire knowledge of other team members payroll activities and perform back up support.
Represent the department in meetings.
Knowledge of workday is definite plus.
Skills/Qualifications
The successful candidate will benefit from having:
6-8 years of payroll experience dealing with multiple countries preferably in an MNC environment.
Previous experience with payroll vendors.
Knowledge of payroll processing including payroll production, reconciliation, tax and payroll related laws
Able to multi-task in a high paced environment.
Strong analytical and problem solving skills, with a focus on continuous improvements.
Strong communication.
Attention to details
Ability to meet the deadlines.
Other areas of HR and finance.
Qualification : Graduate in commerce. A master degree is an added advantage.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We d love to learn more about how your interests and experience could be a fit with one of the world s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at hidden_email .
We hope you re excited about the role and the opportunity to work with us.
We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Additional InformationEmployement Category:
Employement Type: Full timeIndustry: Banking / Financial Services
Role Category: General / Other Software
Functional Area: Not Applicable
Role/Responsibilies: Senior Analyst,Regional Payrol
Contact Details:
Company: Northern TrustLocation(s): Bengaluru
Keyskills: general ledger system testing research accounts customer relations policies procedures
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Northern Trust Corp
For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 16,500 employees globally. We serve the worlds most-sophisticated clients from...
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