US Payroll Specialist

Job Description

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.

Join us as a "Payroll Analyst" at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.

You may be assessed on the key critical skills relevant for success in role, such as experience with US Payroll & taxation, complex payroll calculations and query management as well as job-specific skillsets.

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

Basic/Essential Qualifications:

·        Bachelor’s degree

·        Good Exposure of US Payroll experience

·        Working knowledge of ADP SAP & Workday Enterprise payroll system

·        Excellent Communication skills

 Desirable skillsets/ good to have:

·        General knowledge of payroll, general ledger accounting, and Workday HR

·        Prorated and weighted wage calculations

·        FLSA requirements and corresponding Overtime calculations for US states and Canada

·        State and local resident and working tax schemas.

·        Reg W / IRS Tax Remittance Schedule

·        PWC/Sarbox Audit Techniques

·        Basic understanding of Fair Labor Standards Act (FLSA) rules.

·        Technical Skills: proficient with Microsoft Excel & Microsoft Access along with ability to troubleshoot.

·        Understand Employee and Manager Self Service functionality and implications

·        Ability to multi-task and change priorities in dynamic, fast paced environment

·        Ability to work well under pressure

·        Ability to maintain confidential information

·        Ability to work in a team environment.

·        Extremely well organized

·        Strong attention to detail

·        State-by-state garnishment processing regulations

This role will be based out of Chennai – US Shift Only