Payroll Analyst

At Franklin Templeton, we’re driving our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic and diversified firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that’s both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we offer opportunities not only to help you reach your potential but also to contribute to our clients’ achievements.

Come join us in delivering better outcomes for our clients around the world!

What is the Global Payroll group responsible for?

The payroll department is responsible for processing Global Payroll across all countries, including reporting and paying any taxes and ancillary obligations as required. This includes but is not limited to: Salaries, Bonuses, Equity (restricted stock and other types), Commissions, Taxable Fringe Benefits, Proxy Air Fringe, Deferred Compensation Payments and deductions, ESIP, 401K and other international pension contributions etc.

What is the Payroll Analyst responsible for?

A Payroll Analyst is responsible for the efficient processing and administration of payroll data, ensuring accurate compensation of employees and compliance with regulatory requirements. This role involves maintaining payroll records, calculating employee pay, reconciling hours worked, and compiling payroll statistics. Additionally, the Payroll Analyst conducts audits of payroll data, prepares payroll-related journal entries, and interacts with business partners and third-party vendors. They also handle various payroll-related tasks such as processing new hires, tax forms, leaves, garnishments, transfers, pension plans, benefits, terminations, and other related documents.

What are the ongoing responsibilities of a Payroll Analyst?

• Perform data entry tasks to maintain accurate bi-weekly payroll

• Maintain accurate audit reviews (LOA, New Hires, Terminations, Company Changes & more)

• Payroll Settlement reconciliation and review

• 401k bi-weekly submission and reconciliation

• Provide payroll related information to internal partners and external auditors upon request

• Assist in year-end process

• Maintain payroll tax knowledge with Workday, ADP Smart Compliance & tax notice resolution

• Payroll knowledge with Equity (vests, dividends etc.)

• Contribute to the creation and maintenance of payroll procedures

• Ability to work in a fast-paced environment with a positive attitude

• Research and respond to employee inquiries with higher level questions on pay slips and tax forms

• Review garnishments and levies to ensure compliance

• Participate in payroll projects like implementations for vendor changes, workflow review etc.

What ideal qualifications, skills & experience would help someone to be successful?

• At least 5 years of Multi-State/Multi-Entity payroll experience

• Proficiency in Workday Payroll

• Proficiency with ADP Smart Compliance Workday for 3rd party tax processing, amendments, maintenance and ad-hoc research (or equivalent tax service)

• Intermediate Excel skills

• Strong data entry skills with attention to detail

• Knowledge of Canadian & LATAM payroll is a PLUS

• Knowledge of general ledger accounting principles

• Proficient in data entry, problem-solving complex payroll issues, and error analysis

• Strong organizational skills and ability to manage multiple tasks simultaneously

• Effective communication skills are necessary (both written and verbal)

• Ability to meet deadlines as required while maintaining accuracy

• Ability to start work shift at 8am ET

• This role is hybrid

Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non-monetary — designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. We expect the annual salary for this position to range between $65,000.00 - $84,000.00, depending on location and level of relevant experience, plus discretionary bonus.

#LI-Hybrid

Experience our welcoming culture and reach your professional and personal potential!