Senior Payroll Specialist

Role/Department Description:

Payroll/ Accounting:

• Ensure timely and error free payroll process.
• Ensure that the all the departments have shared the information/data required for payroll.
• Reconcile payroll prior to finalization and validate payroll reports.
• Prepare reports for the global accounting for Finance team
• Regular review of SOP’s, Control Matrix and FAQ’s for standard operating process
• Keep process documentation up to date with latest amendments on Payroll
• Research on complex payroll issues, implement solutions and suggest required adjustments
• Should be able to communicate with employees on all payroll/Tax related matters
• Processing the special payments as per the Global payroll team’s data and verifications of the contracts/ employee agreements
• Ensure that the data is presented in the formats prescribed by the Finance team

Statutory Compliance:

• Ensure accurate and timely generation of all the statutory reports
• Timely filing of Monthly, Bi-annual, and Annual returns
• Implement the amendments in the statutory acts and rules applicable to FactSet
• Timely and accurate closure of the taxes.
• Adhere to regulatory reporting guidelines and filing deadlines

Database Management:

• Ensure that the Compensation data in Workday is accurate
• Ensure that the primary data required for payroll and tax process is updated and available in Workday
• Regular validation of the Job profile and compensation data
• Ensure that the compensation data is accurate in all internal tools

Audits and Inspections:

• Provide payroll & Statutory data required for the Audits
• Responding to the queries raised by the auditor on the payroll policies, process and reporting’s
• Coordinate with the HR shared services team on employee data changes and maintain real time data in the repository for audits

Vendor Compliance:

• Ensure that all the clauses /SLA’s as per the contract are followed in the payroll process.
• Focus on the indemnity clause and termination clauses

Qualifications

· 5+ years’ experience in handling Shanghai, Singapore payroll and statutory compliance

· Ability to effectively work with diverse cultures in a global team

· Ability to successfully partner with the Senior executives

· Demonstrate ability to identify gaps, issues and then analyze to design, develop strategies (i.e., mentoring, team building, group facilitation, organization structure and design, etc.) to improve performance.

· Strong communication and analytical skills.

Excellent interpersonal, communication skills and a flexible approach

What's In It For You

At FactSet, our people are our greatest asset, and our culture is our biggest competitive advantage. Being a Fact Setter means:

• The opportunity to join an S&P 500 company with over 45 years of sustainable growth powered by the entrepreneurial spirit of a start-up.

• Support for your total well-being. This includes health, life, and disability insurance, as well as retirement savings plans and a discounted employee stock purchase program, plus paid time off for holidays, family leave, and company-wide wellness days.

• Flexible work accommodations. We value work/life harmony and offer our employees a range of accommodations to help them achieve success both at work and in their personal lives.

• A global community dedicated to volunteerism and sustainability, where collaboration is always encouraged, and individuality drives solutions.

• Career progression planning with dedicated time each month for learning and development. · Business Resource Groups open to all employees that serve as a catalyst for connection, growth, and belonging.

Salary is just one component of our compensation package and is based on several factors including but not limited to education, work experience, and certifications.