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Senior Payroll Specialist

7 months ago

Edinburgh, United Kingdom Franklin Templeton Investments Full time

At Franklin Templeton, we’re advancing our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic and diversified firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that’s both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we provide opportunities to help you reach your potential while helping our clients reach theirs.

Come join us in delivering better outcomes for our clients around the world

What is the European Payroll team responsible for?

European Payroll team is looking for Senior Payroll Specialist to support the team in day-to-day payroll processes, administration duties and currently run payroll projects.

What are the ongoing responsibilities of the Senior Payroll Specialist?- Autonomously (or exceptionally under limited supervision) performs all payroll duties including processing and validating payroll data prior to submitting to the payroll provider, review and audit of output reports, pay slips, final reports etc.- Utilizes fundamental customer service skills for response to general inquiries related to company and payroll policies, benefits and procedures.- Fully understands company time policies; ability to review time tracking and calculate salaries (including pro rata, overtime, sickness, holidays payments, etc.) with expertise and knowledge.- Prepares payroll deadline schedules for their payrolls and monitor the deadlines independently ensuring all deadlines are met.- Regular and active cooperation with internal stakeholders (HR, Corporate Accounting, Benefits, etc.)- Reviews, reconciles, and audits various payroll data and files.- Prepares files for distribution to the Team (Sales Commission, RS Dividend, RS Vesting, MFU Vesting).- Prepares complex management reports and ad hoc information.- Works on Year-end activities (preparing calendar, ensuring tax year statements are delivered on time by the payroll vendors)- Uploads banking files (net salaries, third party payments) and enter manual payments to the banking system.- Helps in administration of shadow payroll for international assignees.- Creates and regularly updates payroll procedures for their country.- Prepares salary certificates on demand.- Cross country training: learns new payrolls and shares knowledge with other colleagues as assigned by the Lead/ Supervisor. (to be able to play a backup role for multiple countries to support the Team at each stage of the payroll process (if needed).- Coordinates the overall Payroll Team and actively contacts with Corporate Accounting on the ESIP reconciliation process for bi-annual purchases, audits the ESIP files for Equity Team for Lead’s/Supervisor’s approval.- Assists proactively in creating and updating procedural payroll changes including implementation and testing of new processes and systems.- Actively supports various ad-hoc projects as directed by the Payroll Lead/Supervisor/Manager (e.g. setting up a new location / business unit/ accounting system change, procedural changes and documentation.)- Creates procedures and assists proactively in special projects requiring full evaluation and research of historical data; testing and evaluation of new operating procedures and payroll systems.- Acts as the main contact for employees and other customers for the payrolls assigned. Replies to employees’ inquiries.

What ideal qualifications, skills & experience would help someone to be successful?- 5+ years payroll experience required.- Requires a bachelor’s degree (preferable in Finance, Administration)- Expert and up to date knowledge of statutory legislation (around payroll, working time, holidays, sickness) in the given country.- Excellent knowledge and broad experience and exposure to various payroll software packages (ADP systems or Workday would be advantageous)- Experience in a broad range of payroll matters with several years’ experience of controlling or assisting to control payrolls.- Broad experience in more complex organizations especially with International or multi-site ones; working with external payroll providers.- Very good customer service and use of own initiative- Very good organizational, analytical and reconciliation skills required.-
- Advanced knowledge of Excel- Able to train / mentor other Team members and share knowledge.- Ability to maintain confidentiality, work under pressure and with deadlines.- Strong attention to detail.
- Experience our welcoming culture and reach your professional and personal potential
- Building teams with diverse skills, backgrounds, and experiences has always been important to us. Cultivating an inclusive culture where employees feel safe to share their voices is not only beneficial for our people, but also drives innovation and enables us to deliver better