Payroll Analyst

Join us as a "Payroll Analyst" at Barclays, you will be responsible for the day-to-day leadership and deliver of a team of Payroll Administrators delivering the administrative operational support for the running of the APAC payrolls. The role contributes, manages and leads the team in delivering an accurate and timely payroll through daily, weekly and monthly tasks and the effective management of escalations to the payroll team, through to resolution. It is the collective responsibility of the team to ensure that all tasks are completed in time for the monthly running of the payroll gross to net by the APAC Tier 3 Payroll Team.

To be successful as a "Payroll Analyst", you should have experience with:

• In depth knowledge of APAC Payroll legislation (Singapore, Hong Kong and Australia), calculations and processes both standard and specific to company where internal policy/dispensations apply.

• In depth working knowledge of IT systems to include Workday, SAP, Excel and Word.

• Clear understanding of APAC statutory regulations and guidelines that govern APAC payroll

• Good understanding of process risks and controls and risks pertaining to Payroll

• Require strong customer interaction skills.

• Ability to complete or advise on completion of high-volume routine/non-routine tasks and prioritise accordingly.

• MS Office Suite (Preferably Excel, Word & PowerPoint).

Additional Skills:

• Preferably payroll experience working in MNCs

• Knowledge on HR Operations Process & policies.

Basic/ Essential Qualifications:

• Bachelor’s degree

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

This role will be based out of Chennai.

The Shift timings will be APAC Shifts based on the region.

Purpose of the role

To manage payroll functions, including calculating employee pay, withholding taxes, and any other deductions, as well as maintaining accurate payroll records for the business. 

Accountabilities

• Processing of payroll for hourly, salaried, and commissioned employees, calculating tax and other contributions, withholding, and paying out as appropriate.
• Employee payroll record administration and troubleshooting.
• Guidance and support to employees on all payroll matters, including queries related to calculations of salaries and wages, overtime, bonuses, and commissions.
• Compliance related statutory filings including the management of the reply to Government institution notices related to all Statutory obligations.
• Payroll statutory reporting and filing including liaison with relevant local tax authorities.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.