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BNY

Safeguards and moves assets for investors

Vice President Payroll Lead

Payroll AccountingConfirmed live in the last 24 hours
Full-timeManchester, UKNo salary listed

About the Job

Requirements

  • Good organisational and prioritisation skills, with the ability to work effectively to numerous deadlines.
  • Experience of Germany payroll and benefits tax legislation and regulatory requirements.
  • Ability to train and cover other EMEA country payroll as required.
  • Ability to proactively manage risk and implement and maintain effective controls in an ever-changing environment.
  • Experience managing and building effective working relationships with third-party outsourced service providers and vendors.
  • Strong written and verbal communication skills in English (mandatory) and German (preferred).
  • Ability to develop and train more junior staff on payroll skills and requirements if and when required.
  • High proficiency in Excel and data analysis tools.
  • Ability to work independently with limited day-to-day supervision.

Responsibilities

  • Ensure on-time, 100% accurate monthly payroll for employees in countries within remit across multiple legal entities.
  • Ensure statutory regulations and payments to third parties, including regulatory and taxing bodies, comply with country law.
  • Advise Country Managers and Senior HR Business Partners on payroll-related tax matters and benefit provisioning within remit.
  • Ensure salary and wages associated with payroll and benefit-related payments are accurate and properly posted to the correct General Ledger accounts and ultimately to the P&L and balance sheets for multiple legal entities; work closely with Country Financial Controllers.
  • Ensure robust operating procedures and controls are in place for all transactions feeding into payroll to ensure compliance with internal and external audit requirements and regulatory bodies.
  • Ensure timely, authorized input from multiple sources within a tight window to prepare and submit base salary, one-time incentive, variable pay, and life-change and benefit-related actions to payroll vendors in accordance with pay calendars.
  • Review net salary calculations as part of pre-payroll validations.
  • Ensure employee pay statements are accurate and distributed on time.
  • Receive, research, and respond to employee-related enquiries; liaise with HR and Finance teams.
  • Meet monthly and annual regulatory, tax, compliance, internal and external filing, third-party payment, and reporting requirements for payroll and employee benefits across all legal entities and countries within remit.
  • Ensure timely, accurate reporting of all financials tied to payroll processing, providing appropriate data to Finance for reconciliations.
  • Ensure robust operating procedures and document management practices are prepared, maintained, and followed for all functions to comply with corporate policies, tax authorities, bank authorities, and other statutory agencies within remit.
  • Lead client relationship meetings with country stakeholders within remit to review performance and track actionable items.

About the Company

BNY

Safeguards and moves assets for investors

BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1784

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