The posting
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 Department
The Human Resources (HR) department plays a critical role in managing the organisation’s most important asset, its people, and is responsible for a broad range of activities. The HR team serves the organisation internationally overseeing offices in London, Dublin, Limerick, Guernsey, Luxembourg, Netherlands, Sweden, UAE and Saudi Arabia as well as partnering with the US and APAC Human Resources team to develop a globally consistent HR strategy and delivery. The HR teams include Payroll, HR Service Centre, HR Advisors, Employee Relations, Talent Acquisition, Learning and Development, and Compensation and Benefits.
The Role
Reporting into the EMEA team Lead, this role will be part of the wider EMEA Payroll team. The successful candidate will be responsible for managing payrolls of Northern Trust across our EMEA locations, oversight and second reviews of payrolls, along with project work. The EMEA Payroll team deal with various departments across the business such as the HR Service Centre, Finance, Benefits, Compensation and Exec Compensation.
Why choose this Role
- The EMEA Payroll offers an opportunity to be cross-trained on global payroll processes & procedures
- The successful candidate will get exposure to a number of departments within Northern Trust Globally
- The team offer a positive working environment and will consider flexible work options
The key responsibilities of the role include;
- Perform daily payroll activities to ensure production of assigned payrolls including complex and year-end activities.
- Review adjustment requests to ensure compliance with corporate policies, employment tax & payroll laws.
- Advise management 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.
- Prepare payroll tax and general ledger accounts/activities; liaise with finance to reconcile discrepancies.
- Process or advice on appropriate accounting transactions to balance accounts.
- Research and monitor regulatory and legislative changes impacting payroll areas of responsibility.
- Acquire knowledge of other team members’ payroll activities and perform back up support.
- Represent the department in various meetings.
Skills/ Qualifications:
The successful candidate will benefit from having:
- Several years of payroll experience, EMEA payroll experience is desirable
- Experience with payroll processing including; payroll production, reconciliation, General Ledger
- Experience with Workday is an advantage
- 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
- IPASS qualification is desirable
Work Authorization
Applicants must have the right to work in Ireland at the time of application and for the duration of employment.
Please note that Northern Trust is unable to provide employment permit sponsorship for this role. This includes Critical Skills Employment Permits, General Employment Permits, Intra-Company Transfer Employment Permits, Stamp 1G permissions, and other employment permits under Irish immigration frameworks.
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 [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.
