Payroll Analyst

Job title: Payroll Analyst

About the Role Renesas is seeking a highly analytical and detail orientated payroll analyst to oversee and optimise allocated European payroll operations. The successful candidate will join an existing team of three experienced payroll team members, supporting European payrolls across 15+ countries. Responsible for end-to-end monthly processing of company payroll.

What You'll Do

• Validate and collate all monthly payroll information reported via in house HRIS such as new hires, leavers, compensation changes, personal data updates, pension deductions, statutory leave, ad hoc payments & processing restricted stock units, etc.
• Ensure payroll is input and processed in line with scheduled payroll calendar deadlines.
• Serve as liaison to employees and with third party payroll vendors to ensure payroll processing accurately reflects company policies.
• Audit employees pay records and reconcile General Ledger to payroll.
• Stay current with changes in the law and tax regulations; issue local tax forms as appropriate in each jurisdiction.
• Identify opportunities for continuous process improvement.
• Ensure that pension auto enrolment is applied to new starters as applicable.
• Assist with audits of internal records, tax filings and related documentation.
• Maintain internal controls in line with SOX and SAO compliance; create and maintain SOPs for payroll.
• Support mentoring of payroll department staff for cross training purposes.
• Manage taxation matters for international assignees including taking tax advice from outsourced partners where appropriate.
• Generate and respond to enquiries regarding payslips; maintain records and supporting documentation in an organised manner.
• Prepare quarterly reconciliation reports on employee data, fixed and variable pay.
• Support on global mobility topics where it involves payroll processing for countries responsible.
• Involvement in projects to streamline, integrate and automate payrolls in the future.

What We're Looking For

• High level of confidentiality, accuracy and attention to detail.
• Experience in more than one European payroll is an advantage.
• Ability to work independently whilst coordinating the delivery of multiple payrolls within the monthly cycle.
• Experience liaising with outsourced payroll vendors.
• Applies company policies and procedures to resolve a variety of issues.
• General proficiency with the tools, systems and procedures required to accomplish the role; may consult with senior/specialist staff on technical issues.
• Excellent communication skills both written and verbal.
• Excellent organisational and time management to accommodate varying time zones within the monthly payroll calendar.
• Works on problems of complex scope where analysis of situations or data requires a review of a variety of factors; exercises judgement within defined procedures and practices.
• Strong MS Office skills: Excel, Word, PowerPoint.
• Knowledge of HRIS will be an advantage, but not essential, training provided.
• Interest in AI technology to simplify checking processes and data analysis.
• CIPP qualification desirable or equivalent level of experience of 2-5 years or more.

Nice to Have

• Knowledge of HRIS will be an advantage, but not essential, training provided.
• Interest in AI technology to simplify checking processes and data analysis.
• CIPP qualification desirable or equivalent level of experience of 2-5 years or more.

Compensation & Benefits

• Not disclosed in the posting.