Asoc Consltnt Regional Payroll

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

The key responsibilities of the role include;

• Perform daily payroll activities to ensure production of assigned payrolls including complex and year-end activities.
• Strong knowledge of APAC payroll (end to end including India retiral administration) experiences within APAC in a vendor based model.
• Good understanding of the statutory compliances of the region
• Review adjustment requests to ensure compliance with corporate policies, employment tax & payroll laws.
• Advise Manager of appropriate corrective action if an error occurs.
• Record monthly payroll metrics
• Respond to employee queries to explain pay and impact of policies, tax law and related changes.
• Analyse existing policies & procedures to ensure compliance with tax & payroll-related laws and regulations.  
• Recommend and implement modifications of existing payroll processes, in compliance with laws and regulations.
• Work with vendors and review payroll applications to ensure changes are correctly reflected on the payroll. 
• Participate in system testing, payroll implementations, process improvements & payroll projects.
• Liaise with finance on payroll.
• Research and monitor regulatory and legislative changes impacting payroll areas of responsibility.
• Performs vendor management activities to ensure adherence to corporate vendor management standards. 
• Review team members work; including but not limited to review of payroll input and manual calculations. 
• Acquire knowledge of other team members’ payroll activities and perform back up support.
• Represent the department in meetings.

Skills/ Qualifications:

The successful candidate will benefit from having:

• 5+  years of payroll experience dealing with multiple countries is desirable
• Experience with payroll processing including; payroll production, reconciliation,
• Attention to detail
• Ability to work independently
• Ability to meet strict deadlines
• Ability to multi-task in a high paced environment
• Strong analytical and problem solving skills, with a focus on continuous improvements
• Knowledge of other areas of Human Resources & Finance, and their impact on payroll production activities
• Strong oral and written communication.
• Experience working in a multinational company is desirable.

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.

About Our Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees.  In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.