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Compensation Payroll Accounting Associate

2 months ago

London, Greater London, United Kingdom Goldman Sachs Full time
About the Role

We are seeking a highly skilled Compensation Payroll Accounting Associate to join our team at Goldman Sachs. As a key member of our Controllers group, you will play a critical role in ensuring the firm meets its financial control and reporting obligations.

Key Responsibilities
  • Analyze and process multiple UK & global payrolls in line with local and regional tax, payroll and wage reporting rules within monthly vendor and processing timelines.
  • Detailed calculation of wages and applicable deductions based on employee contract and internal GS compensation rules.
  • Input/update of key payroll & compensation data into PeopleSoft 9.
  • Process detailed PAYE and compensation calculations per UK HMRC & EMEA PAYE rules.
  • Ability to coordinate and oversee up to 6 global payrolls.
  • Handle enquiries on monthly pay, deductions, and tax from employees, external vendors and tax authorities.
  • Identify, investigate, and resolve discrepancies in compensation and variance records.
  • Complete compensation controls for managerial review.
  • Determine organization's tax obligations by calculating national and council taxes as well as National Insurance and other social security contributions.
  • Liaise with financial accounting team responsible for booking the compensation to the Firm's ledger.
Requirements
  • Excellent UK/EMEA payroll skills (3 years minimum), preferably within Zellis ResourceLink or similar payroll package.
  • Experience gained within a large complex organization, managing financial data and spreadsheets.
  • System literate with experience manipulating MS office applications and Web/Java based systems (such as PeopleSoft 9).
  • The successful candidate will need to take the initiative and be capable of working with minimal supervision.