Full-Time

Payroll Associate Consultant

Posted on 3/13/2025

Northern Trust

Northern Trust

10,001+ employees

No salary listed

Junior, Mid

Limerick, Ireland

Category
Payroll Accounting
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • 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
  • Attention to detail, ability to work independently, and organizational skills to meet deadlines
  • Able to multi-task in a high paced environment
  • Excellent analytical and problem solving skills, and focus on continuous improvements
Responsibilities
  • Performs daily payroll activities to ensure timely, accurate, and compliant payroll production of assigned payrolls including complex and year-end activities
  • Reviews payroll adjustment requests to ensure proper authorization and compliance with corporate policies, employment tax & other payroll-related laws
  • Responds to payroll inquiries from all levels throughout the organization to explain pay, adjustments to pay, and impact of policies, tax law and related changes
  • Analyses existing policies, procedures, and practices to ensure compliance with tax & other payroll-related laws and regulations
  • Works directly with vendors and/or reviews payroll system or applications to ensure changes submitted are correctly reflected on the payroll
  • Prepares and/or monitors payroll tax and general ledger accounts/activities, and works with Finance to reconcile discrepancies, and process or advise on appropriate accounting transactions to keep accounts in balance
  • Researches and monitors regulatory and legislative changes impacting payroll areas of responsibility to ensure ongoing compliance
  • Responsible for input or review of country/regional metrics for assigned payrolls and any other applicable and/or requested management reports

Company Size

10,001+

Company Stage

IPO

Headquarters

Menlo Park, California

Founded

1889

Simplify Jobs

Simplify's Take

What believers are saying

  • Northern Trust can capitalize on the growing demand for ESG investment products.
  • The rise of digital assets presents an opportunity for Northern Trust's custody solutions.
  • Outsourcing trends in finance boost demand for Northern Trust's asset servicing solutions.

What critics are saying

  • Emerging fintech companies increase competition in asset servicing for Northern Trust.
  • Talent war in finance may lead to higher turnover and recruitment costs for Northern Trust.
  • Rising interest rates could impact Northern Trust's profitability and service demand.

What makes Northern Trust unique

  • Northern Trust collaborates with TCS to enhance securities services globally.
  • Northern Trust secures a significant asset servicing mandate from Generation Life.
  • Northern Trust partners with Foundation Source for modern private foundation management services.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Hybrid Work Options

Flexible Work Hours

Mental Health Support

Wellness Program

Company News

MarketBeat
Mar 13th, 2025
Taika Capital LP Makes New $360,000 Investment in Northern Trust Co. (NASDAQ:NTRS)

Taika Capital LP makes new $360,000 investment in Northern Trust Co. (NASDAQ:NTRS).

ETF Daily News
Mar 12th, 2025
NioCorp Developments (NASDAQ:NB) Trading Down 5.3% - Here's Why

Northern Trust Corp purchased a new stake in NioCorp Developments in the 4th quarter worth approximately $980,000.

MarketBeat
Mar 11th, 2025
Simplicity Wealth LLC Invests $315,000 in Northern Trust Co. (NASDAQ:NTRS)

Simplicity Wealth LLC invests $315,000 in Northern Trust Co. (NASDAQ:NTRS).

ChannelDrive
Mar 8th, 2025
Northern Trust Picks TCS to Transform its Securities Services Offering

Tata consultancy services (TCS), a global enabler in IT services, consulting, and business solutions, has signed an expanded deal with Northern Trust, a global financial institution, to centralize and standardize its custody operations across 99 direct and global markets.

Funds Global Asia
Mar 4th, 2025
Northern Trust secures asset servicing mandate from Generation Life

Under the new mandate, Northern Trust will deliver global custody and valuation reporting services for AU$1.5 billion in Generation Life's portfolio assets, which include domestic and international equities, bonds, foreign exchanges, etc.