Payroll Analyst

At Franklin Templeton, we believe success is built through powerful partnerships. As a forward thinking asset manager, we build dynamic relationships with clients, understand their goals, and navigate complex markets together. We leverage cutting edge strategies and deep insights to unlock opportunities for long term wealth creation. Our talented, global teams bring expertise that is both broad and unique.

From our welcoming, inclusive, and supportive culture to our globally diverse business, we offer opportunities not only to help you reach your potential, but also to contribute to our clients’ success.

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 and/or review data entry to maintain accurate bi-weekly payroll

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

• Payroll Settlement reconciliation

• 401k bi-weekly submission and reconciliation

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

• Assist in year-end process

• Assist in researching payroll tax notices

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

• Contribute to the creation and improvement of payroll procedures

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

• Research and respond to employee inquiries that are tax related

• Review new 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 3 years of Multi-State/Multi-Entity payroll experience REQUIRED

• Proficiency in Workday Payroll - Full Cycle - REQUIRED

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

• Intermediate Excel skills

• Attention to detail

• Knowledge of Canadian & LATAM payroll is a PLUS

• Journal Entry preparation and review

• Proficient problem-solving skills as it relates to occasional complex payroll issues and error analysis

• Strong organizational skills and ability to manage multiple tasks simultaneously

• Provide support to other team members as needed

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

• Ability to met deadlines as required while maintaining accuracy

• Ability to start work shift at 8am ET

• This role is hybrid, onsite 3 days per week

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 - $80,000.00, depending on location and level of relevant experience, plus discretionary bonus.

#ASSOCIATE

#LI-Hybrid

At Franklin Templeton, we believe your benefits should support your life, your goals, and your future. That’s why we offer a comprehensive Total Rewards package designed to help you thrive both personally and professionally.

Highlights of our benefits include:

- Paid Time Off : Three weeks of PTO in your first year

- Health Coverage : Competitive medical, dental, and vision insurance to support your well-being

- Retirement Savings : 401(k) plan with an 85% company match on pre-tax and/or Roth contributions, up to IRS limits

- Equity & Investing : Employee Stock Investment Plan (ESIP) with discounted share purchase opportunities

- Learning Education Assistance Program (LEAP) : To support your ongoing growth and career advancement

- Employee Investment Benefits : Opportunity to purchase company funds with no sales charge

Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.