At a Glance
- Tasks: Support EMEA payroll processing, ensuring timely and accurate salary payments and compliance.
- Company: Join T. Rowe Price, a leading global asset management firm with over 85 years of experience.
- Benefits: Enjoy flexible work options, competitive compensation, and resources for career growth.
- Why this job: Make a real impact in a collaborative culture that values diversity and community involvement.
- Qualifications: Experience in UK and EMEA payroll processing, strong Excel skills, and excellent communication abilities required.
- Other info: Opportunity to work on exciting projects and improve payroll processes using innovative tools.
The predicted salary is between 28800 - 43200 £ per year.
At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident.
We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity. Join us for the opportunity to grow and make a difference in ways that matter to you.
The primary objective of this role is to support T. Rowe Price’s EMEA monthly payroll transaction processing of salary, statutory deductions, and the firm's stock incentive and employee benefit plans. This also includes managing the processing of payments and maintenance of records and will work to ensure that T Rowe Price’s EMEA payroll processing is in line with company policies, legislative compliance and processes are maintained and in line with local regulation and legislation, as well as global standards.
The successful candidate will have strong technical expertise in UK payroll processing and experience in processing EMEA payrolls. Collaborating with various departments internally such as HR, Legal, Compliance and Stock Administration will be essential to this role. The individual will also need to have excellent communication skills to facilitate and resolve queries with Associates and payroll vendors across Europe.
Responsibilities:
- Reporting to the International Payroll Operations Manager based in the UK.
- Processing and reviewing multiple monthly payroll cycles covering UK, Luxemburg, Sweden, Denmark, Netherlands, Germany, Italy, Switzerland, Dubai and Spain (more than 1200 employees); using ADP IHCM, Netsecure, Streamline and Freedom.
- Ensure employees in all justifications are paid in a timely and efficient manner in accordance with best practices.
- Look to ensure correct payroll information is sent to payroll providers and checked appropriately ensuring information processed is accurate and correct.
- Work with finance/treasury to ensure monthly funding is sent and in place to ensure employee and relevant tax payments are made on time and assist with financial analysis and reconciliations.
- Assist with reconciliation of the month end payroll, pension contributions and stock options company scheme via Workday interface and EquiTrax portal.
- Act as the first point of contact for employee queries from all EMEA countries and look to resolve in a timely and accurate manner, using Salesforce myHR portal (Payroll and timing Tier 2).
- Work with payroll providers regionally on year end documents and ensuring they are with employees on time.
- Partner with HR, Finance, Legal and Audit ensuring a smooth process is in place for payroll.
- Work with the International Payroll Operations Manager to ensure payroll process documents are up to date and amended where required.
- Ad hoc project work may be required in relation to new country implementations, system transformations and payroll processes.
- Assist with improvement of Workday reporting and design of reconciliation automated templates.
Qualifications:
Required: It is essential that candidates have extensive work experience to demonstrate; prior experience of processing UK payroll from input to reconciliation; prior experience of having worked on EMEA payrolls input to reconciliation; a high proficiency of skill level on excel; excellent interpersonal skills and the ability to interact with a wide range of individuals across the business; be able to work independently and act with professional judgment for escalation when required; proven multi-tasking abilities and proactive approach.
Desired: It is not essential to have the below skills/experience, but they would be advantageous; have worked on ADP Freedom and SPM platforms; experience gained from within the Financial Services sector.
Commitment to Diversity, Equity, and Inclusion: At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all. T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, colour, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.
Associate Payroll Analyst - T. Rowe Price International employer: T. Rowe Price International
Contact Detail:
T. Rowe Price International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate Payroll Analyst - T. Rowe Price International
✨Tip Number 1
Familiarise yourself with the payroll systems mentioned in the job description, such as ADP IHCM and Workday. Having hands-on experience or even a basic understanding of these platforms can set you apart from other candidates.
✨Tip Number 2
Network with current or former employees of T. Rowe Price on platforms like LinkedIn. They can provide insights into the company culture and the specifics of the Associate Payroll Analyst role, which can help you tailor your approach during interviews.
✨Tip Number 3
Brush up on your knowledge of EMEA payroll regulations and compliance. Being well-versed in local legislation will demonstrate your commitment to ensuring accurate payroll processing and compliance with company policies.
✨Tip Number 4
Prepare to discuss your experience with multi-tasking and handling payroll queries. Think of specific examples where you've successfully resolved issues or improved processes, as this will showcase your problem-solving skills and proactive approach.
We think you need these skills to ace Associate Payroll Analyst - T. Rowe Price International
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with UK and EMEA payroll processing. Use specific examples that demonstrate your technical expertise and familiarity with payroll systems like ADP Freedom.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role at T. Rowe Price. Mention how your skills align with their values of collaboration and diversity, and provide examples of how you've successfully resolved payroll queries in the past.
Highlight Relevant Skills: Emphasise your proficiency in Excel and any experience you have with financial analysis or reconciliation. This will show that you possess the analytical skills necessary for the Associate Payroll Analyst position.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in payroll processing.
How to prepare for a job interview at T. Rowe Price International
✨Know Your Payroll Basics
Make sure you brush up on your knowledge of UK payroll processing and EMEA payrolls. Be prepared to discuss specific processes, legislation, and compliance requirements that are relevant to the role.
✨Showcase Your Technical Skills
Highlight your proficiency in Excel and any experience with payroll systems like ADP Freedom or Workday. Be ready to provide examples of how you've used these tools to improve payroll processes or resolve issues.
✨Demonstrate Strong Communication Skills
Since this role involves liaising with various departments and resolving employee queries, practice articulating your thoughts clearly. Prepare to discuss how you've effectively communicated complex information in previous roles.
✨Emphasise Your Collaborative Spirit
T. Rowe Price values teamwork, so be ready to share examples of how you've successfully collaborated with HR, Finance, or Legal teams in the past. Highlight your ability to work independently while also being a team player.