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 inclusion.
- Qualifications: Experience in UK and EMEA payroll processing, strong Excel skills, and excellent communication abilities.
- Other info: Opportunity to participate in projects and improve payroll processes using Workday and ADP.
The predicted salary is between 30000 - 42000 £ 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.
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 supporting 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 EMEA Payroll Operations Manager based in the UK.
- Processing and reviewing multiple monthly payroll cycles covering UK, Luxembourg, Sweden, Denmark, Netherlands, Germany, Italy, Switzerland, Dubai, Isle of Man and Spain.
- 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.
- Assist with reconciliation of the month end payroll, pension contributions and Long Term Incentive plans.
- Act as the first point of contact for employee queries from all EMEA countries and look to resolve in a timely and accurate manner.
- Work with payroll providers regionally on year end documents and ensuring they are delivered to employees on time.
- Partner with HR, Finance, Legal and Audit ensuring a smooth process is documented and in place for payroll.
- Assist the EMEA Payroll Operations Manager to ensure payroll process documents are up to date and amended where required.
- Participate in ad hoc project work in relation to new country implementations, system transformations and payroll processes.
- Assist with improvement of Workday and ADP reporting and design of reconciliation of automated processes.
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 with 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:
- Experience with ADP Streamline, Celergo and other local provider systems.
- Experience with APAC payroll processing.
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 employer: T. Rowe Price
Contact Detail:
T. Rowe Price Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate Payroll Analyst
✨Tip Number 1
Familiarise yourself with UK payroll regulations and EMEA payroll processes. Understanding the specific compliance requirements for each country you'll be dealing with will give you a significant edge during interviews.
✨Tip Number 2
Network with professionals in the payroll industry, especially those who have experience with T. Rowe Price or similar firms. Engaging with them on platforms like LinkedIn can provide insights into the company culture and expectations.
✨Tip Number 3
Brush up on your Excel skills, particularly advanced functions and data analysis techniques. Since proficiency in Excel is crucial for this role, showcasing your skills through practical examples can set you apart.
✨Tip Number 4
Prepare to discuss your experience with payroll systems like ADP Streamline or Celergo. Even if you haven't used these specific systems, demonstrating your adaptability and willingness to learn new software can impress hiring managers.
We think you need these skills to ace Associate Payroll Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in payroll processing, especially with UK and EMEA payrolls. Use specific examples to demonstrate your technical expertise and proficiency in Excel.
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 inclusion, and provide examples of how you've successfully resolved payroll queries in the past.
Highlight Communication Skills: Since excellent communication is key for this role, emphasise your interpersonal skills in both your CV and cover letter. Provide examples of how you've effectively interacted with various departments or resolved employee queries.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as attention to detail is crucial in payroll processing.
How to prepare for a job interview at T. Rowe Price
✨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, statutory deductions, and how you ensure compliance with local regulations.
✨Showcase Your Excel Skills
Since a high proficiency in Excel is required, be ready to demonstrate your skills. You might be asked about functions, data analysis, or how you've used Excel in previous roles to manage payroll data.
✨Prepare for Interdepartmental Collaboration
This role involves working closely with HR, Legal, and Finance. Think of examples from your past experiences where you successfully collaborated with different departments to resolve issues or improve processes.
✨Communicate Clearly and Confidently
Excellent communication skills are essential for this position. Practice articulating your thoughts clearly and confidently, especially when discussing how you would handle employee queries or resolve payroll discrepancies.