Payroll Operations Specialist
5 days ago
At Northern Trust, we're committed to providing innovative financial services and guidance to the world's most successful individuals, families, and institutions.
We're proud of our enduring principles of service, expertise, and integrity, which have guided us for over 130 years.
The EMEA payroll department is a highly motivated and dynamic team of 8 professionals working across 10 diverse locations.
This is an exciting opportunity to collaborate with a skilled group, driving efficiency and ensuring seamless payroll operations in a fast-paced international environment.
- Perform daily payroll activities to ensure timely, accurate, and compliant payroll production of assigned payrolls including complex and year-end activities
- Review payroll adjustment requests to ensure proper authorization and compliance with corporate policies, employment tax & other payroll-related laws
- Respond to payroll inquiries from all levels throughout the organization to explain pay, adjustments to pay, and impact of policies, tax law and related changes
You will play a crucial role in supporting payroll functions across multiple regions, gaining invaluable experience and skills in a global corporate environment.
Key Responsibilities:- Analyse existing policies, procedures, and practices to ensure compliance with tax & other payroll-related laws and regulations
- Work directly with vendors and/or review payroll system or applications to ensure changes submitted are correctly reflected on the payroll
- Prepare and/or monitor payroll tax and general ledger accounts/activities, and work with Finance to reconcile discrepancies, and process or advise on appropriate accounting transactions to keep accounts in balance
- Research and monitor regulatory and legislative changes impacting payroll areas of responsibility to ensure ongoing compliance
- Exposure to payroll within a global corporate environment
- Excel skills & systems knowledge (e.g. Workday)
- Ideally familiar with all aspects of payroll processing including payroll production, reconciliation
- Able to multi-task in a high paced environment
- Excellent analytical and problem solving skills, and focus on continuous improvements
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