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Payroll Specialist - Senior Associate

State Street Corporation Hyderabad, India
Posted 22 days ago Permanent Competitive

Payroll Specialist - Senior Associate

State Street Corporation Hyderabad, India
Payroll Specialist - Senior Associate
Who are we looking for

This position is responsible for the delivery of payroll services including operations support and projects support to APAC countries in accordance with Company Service Level Agreements that will ensure accuracy and timeliness as well as full compliance with legislation, company policy and control procedures. The position requires the ability to work on various APAC HR and payroll related projects and continuously look to improve the efficiency of day-to-day payroll operations through work process improvements.

What you will be responsible for
  • This position is responsible for managing & administration of the company Payroll shared services and ensuring compliance and accuracy in monthly Payroll activities
  • The role responsible for ensuring timely and accurate delivery of payroll.
  • Overall responsibility for payroll processing and administration
  • Must have minimum of 5 to 6 years of APAC- Philippines , Hong Kong, Singapore, Malaysia and Australia payroll processing experience
  • Manage certain time bound processes and ensure validation of data to be accurate and truthful
  • Ensuring timelines are met for salary disbursement and statutory compliance
  • Ensuring Employee Benefits including Employee reimbursements as per rules and regulations of income tax
  • Responsible for value adds and Payroll process Standardization
  • Verification & Reconciliation of monthly payroll
  • Preparation & Submission of monthly, Annual statutory contributions.
  • Steer the year-end processing where applicable and ensure timely activities are met.
  • Responsible of publishing monthly Payroll Dashboard
  • Ensure Monthly payroll provisions to Finance
  • Maintaining payroll operations by following policies and procedures
  • Resolving payroll discrepancies and be proactive enough to escalate any discrepancies within the Governance timeframes.
  • Demonstrate high professionalism and flexibility towards work assigned

What are we looking for
  • 5 + years of payroll operation and administration experience. Preferably Philippines, Hongkong, Singapore, Malaysia and Australia of APAC region.
  • Working knowledge of statutory legislation and procedure relating to payroll.
  • Should have been experience in working various HR and Payroll projects.
  • Working knowledge of a Payroll/HR system.
  • Excellent working knowledge of Microsoft Excel.
  • Evidence of a confident communication style and clear written communication.
  • Resilience and the ability to work independently in a fast paced environment to.
  • Deliver results with a strong focus on accuracy and attention to detail.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

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Job ID  R-791406
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