Associate Global Payroll General Ledger
Associate Global Payroll General Ledger
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$ 82000 - 110000
1 Vacancy
Job Description
About this role
The Global Payroll & Employment Tax team at BlackRock is a dynamic and dedicated group of professionals responsible for ensuring accurate and timely payroll processing for our global employees. Our team is committed to maintaining compliance with all relevant regulations and providing exceptional service to our colleagues. We work collaboratively with various internal stakeholders to streamline operations and continuously improve our processes and value precision efficiency and a positive work environment.
As Associate in the team you will be responsible for managing all payroll accounting transactions ensuring all relevant accounting journals are accurately provided to our accounting team for posting to the general ledger. One of your primary focuses will be on maintaining the integrity of our balance sheet accounts by partnering with our accounting team to ensure they are correctly represented and reconciled regularly.
This position requires a strong understanding of payroll processes and accounting principles as well as excellent analytical and problemsolving skills. You will be an interpreter demystifying payroll and accounting terminology to bring the two teams together with a common goal of ensuring accounts are correctly represented and payroll is being processed correctly. You will be an accounting controller embedded within the Global Payroll & Employment Tax team.
A customer centric focus will be a paramount skill you leverage from your multifaceted skill toolbox daily.
Responsibilities include but are not limited to:
Payroll vendor General Ledger journals: own the delivery of all Global General Ledger accounting journals from our payroll vendors to our internal accounting team
Ensure these are delivered on time accurately and meet the needs of our accounting team
Serve as the key point of contact should we find any cases of errors or problems
Employee payroll clearing reconciliations
Review the employee payroll clearing balance sheet reconciliations to ensure we understand any employee payroll processing breaks that remain
Own the remediation of employee payroll breaks by holding the Global Payroll teams accountable to actioning remediation where necessary
Track metrics associated with each country to demonstrate progress of keeping the number of employee payroll accounting breaks
Partner with the Global Payroll teams where needed to improve processes upstream that may alleviate the recurring employee payroll breaks we see in the payroll clearing balance sheet accounts
Tax clearing reconciliations: review the tax clearing balance sheet reconciliations to ensure all tax liabilities have been settled to relevant global jurisdictions timely and accurately
Partner with the US Tax Compliance Associate to scale the review and reconciliation process in the US considering the many complicated tax jurisdictions
In partnership with our US Tax Compliance Associate and Compensation Accounting department develop and implement an improved way of tracking and monitoring the tax transactions associated with prior quarter adjustments and amendments in the US
Banking reconciliations: reconcile and match all US based banking transactions with our payroll provider to ensure accuracy and completeness in the impound they take from our account
Restricted Stock Units (RSU) reconciliations: partner with our Employment Tax team and Compensation Accounting team to review and reconcile all RSU vest liabilities ensuring appropriate payment has been sent to the correct jurisdictions considering a multicountry and mobile employee base
Reporting: design build and run payroll reports from Dayforce reporting system for purposes of processing payroll and providing information to internal stakeholders when required
Address queries from various internal departments such as Compensation Accounting HR and the Benefits team
Participate in the pre and post payroll processing reviews with vendor and ensure proper handling of issues and use of controls to mitigate risk and controls
Yearend deliverables: deliver upon a successful Cash Bonus and Equity Year End for payroll in conjunction with various other internal stakeholders
Execute on a successful payroll year end close in conjunction with the Global Payroll team and Compensation Accounting team
Work on department projects as needed
Requirements:
Bachelors Degree required
5 to 7 years of payroll and/or accounting experience
Solid functional knowledge and a minimum of 5 years experience in a large payroll department preferably in the financial services industry
Strong organizational and time management skills
Excellent understanding and experience with accounting principles
Strong verbal and written communication skills and ability to communicate with impact
Ability to work effectively with cross functional partners and various external vendors
Advanced analytical skills that enable the candidate to recognize and resolve immediate problems but also critically assess the root cause with a goal of redesigning and enhancing the process to prevent the problem reoccurring
Understanding of payroll processing and regulations including Federal state and local specific rules
Capable of working independently when required but also able to work within a high performing team to achieve a common goal
Additional Skills that would enhance performance in the role:
Knowledge of Dayforce Workday and Service Now
Accounting and payroll qualification and experience preferred
Alteryx knowledge a plus
Advanced knowledge of Excelwith strong knowledge of Word and PowerPoint
Our benefits
To help you stay energized engaged and inspired we offer a wide range of benefits including a strong retirement plan tuition reimbursement comprehensive healthcare support for working parents and Flexible Time Off (FTO) so you can relax recharge and be there for the people you care about.
Our hybrid work model
BlackRocks hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person aligned with our commitment to performance and innovation. As a new joiner you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock we are all connected by one mission: to help more and more people experience financial wellbeing. Our clients and the people they serve are saving for retirement paying for their childrens educations buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment the one we make in our employees. Its why were dedicated to creating an environment where our colleagues feel welcomed valued and supported with networks benefits and development opportunities to help them thrive.
For additional information on BlackRock please visit @blackrock Twitter: @blackrock LinkedIn: is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees and we evaluate qualified applicants without regard to race creed color national origin sex (including pregnancy and gender identity/expression) sexual orientation age ancestry physical or mental disability marital status political affiliation religion citizenship status genetic information veteran status or any other basis protected under applicable federal state or local law.View theEEOCs Know Your Rights poster and its supplementand thepay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process please email . All requests are treated in line with our.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law including any applicable fair chance law.Required Experience:
Exec
Employment Type
Full-Time
