Payroll Analyst

At Franklin Templeton, we’re advancing our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic 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 provide opportunities to help you reach your potential while helping our clients reach theirs.

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

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.

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.

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.

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 met deadlines as required while maintaining accuracy

Ability to start work shift at 8am ET

This role is hybrid, onsite 3 days per week