Payroll Associate

at  AlphaSights

REQUIREMENTS

• 2+ years of overall combined finance and payroll experience
• An advanced degree or training in accounting is preferable.
• Experience in using accounting and payroll system.
• Knowledge of accounting principles and procedures for payroll data posting
• Ability to multi-task, work flexibly with varying requirements, and willingness to perform both basic and complex tasks
• Team-player attitude, a desire to understand the company’s internal and external dynamics, and a desire to drive positive change where possible
• Have strong interpersonal and communication skills
• Have a keen eye for detail and diligent approach to work.
• Be self-motivated, analytical, good with figures, organized and able to manage a busy workload with conflicting priorities.
• Have a proactive approach, with a focus on the right solution, professionalism and value;

ABOUT THIS ROLE

The company is seeking a Payroll Associate to join the team and manage a variety of key work streams pertaining to the payroll of the company. These work streams involve the initiation of payroll to full posting into the accounting systems. This is a great opportunity for a hands-on individual to work within a small team covering payroll processing in different regions (US, UK, Europe, Middle East & Asia). The role will work alongside the HR, outsourced third party payroll provider, accounts payable team and finance team.

WHAT YOU’LL DO

• Ensure correct set up of new starters, creating employee records, and the accuracy of personal information. Input/key in data for employees into systems.
• Collect/Review employee data for the payroll requirements from HR and Finance teams.
• Extract bonus data from the system, manually adjust and reallocate bonus amounts to staff based on performance and set criteria.
• Assist in managing payroll operations ensuring accurate and efficient payroll processing including the analysis, preparation, and review of payroll data input.
• Work with external payroll provider/systems to process payroll.
• Ensure/process deductions in paychecks (transit, healthcare, pension etc).
• Ensure accuracy in posting and categorization of transactions.
• Act as a key point of contact for employee pay related queries, always ensuring a good level of customer service and following prompt response times.
• Document and undertake regular reviews of the payroll processes and systems.
• Ensure 3rd party payroll providers invoices are reviewed and processed/paid on the due date.
• Manage & monitor Company’s payroll bank account to ensure funding availability.
• Assist in coordination with HR as appropriate to ensure impact of policy / employee changes captured and understood by payroll.
• Provide periodic review of payroll reports and summaries, auditing the information, understanding local taxes and regulatory reporting.
• Undertake various month-end close tasks in relation to payroll including accrual, payroll journals
• Assist in the annual audit process of the payroll.
• Assist in developing process improvements within the payroll function, utilizing technology and creating efficiencies to maintain the accuracy, quality, and overall effectiveness of the payroll process and decrease risk of fraud and errors.
  It will be essential that you possess strong IT skills, in particular with Excel to at least undertake look up’s and analyse volumes of data to assist management with strategic decisions. You will need to be proactive and a great team player with strong communication and people skills.