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Payroll Coordinator (EMEA)

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Fortrea

Nov 7, 2024

  • Job
    Full-time
    Mid Level
  • People, HR & Administration
    Accounting & Tax
  • Quick Apply

AI generated summary

  • You should be a graduate/postgraduate with over 3 years of experience in EMEA payroll processing.
  • You will manage payroll data, validate outputs, forecast cash funding, resolve queries, prepare reports, maintain procedures, ensure compliance, and assist with audits.

Requirements

  • Any Graduate / Post Graduate.
  • 3 plus years into EMEA payroll processing

Responsibilities

  • Partners with External Local Payroll Bureaus, as well as with a number of key stakeholders, ranging from HR Partners, Recruitment teams and HR Service Delivery to Line Managers, Benefits, Rewards, Country Leads and Finance teams, to ensure the effective delivery of the monthly payroll processing as well as delivering timely and accurate Year End reporting and submissions for their assigned countries.
  • Responsible for the collection, formatting and sending of payroll related data to the payroll bureaus for payroll processing, whilst adhering to the payroll calendar deadlines.
  • Responsible for validating the payroll output for assigned countries and performing peer validation of final payrolls for other payrolls within the team.
  • Provides monthly Cash Funding Forecast so that the IAS Accounting and Treasury departments can fund the relevant bank accounts for all payroll related payments. Manages all net salary payment processes using Fortrea approved platforms; partners with the Accounting team for approval and payment release. Ensures distribution of payslips is done by the local payroll bureaus.
  • Supports query management through liaising with the business, the Local Payroll Vendors, HR and other departments as required to ensure timely resolution of queries on behalf of Fortrea Employees. Acts as the 1st point for escalation of payroll related queries from the HR Service Delivery team.
  • Prepares monthly Payroll Journal and Gross to Net report for the IAS Accounting department and supports related Finance queries.
  • Writes and keeps up to date the payroll standard operating procedures documents to ensure clear guidelines are in place on how to run country specific payrolls.
  • Completes monthly payroll metrics on a monthly basis. Provides support to the Team Leader or Senior Payroll Specialist in developing regular or ad hoc communications to Fortrea business, to ensure employee awareness around transitions or other changes related to payroll.
  • Works closely with the Local Payroll Provider(s), Country Leads and HR to ensure local compliance practices are being followed and all payroll/employment tax, government and local filings are being submitted in a timely manner.
  • Assist with Audits both internal and External and SOX controls.

FAQs

What is the primary responsibility of a Payroll Coordinator at Fortrea?

The primary responsibility is to ensure the effective delivery of monthly payroll processing and timely Year End reporting for assigned countries, partnering with various stakeholders and external payroll bureaus.

What qualifications are required for the Payroll Coordinator position?

The position requires any graduate or post-graduate qualification.

How much experience is needed for this role?

A minimum of 3 years of experience in EMEA payroll processing is required.

What types of issues will the Payroll Coordinator be responsible for handling?

The Payroll Coordinator will support query management, resolving payroll-related queries from employees and liaising with local payroll vendors and HR.

Will the Payroll Coordinator play a role in compliance?

Yes, the Payroll Coordinator will work closely with local payroll providers and HR to ensure local compliance practices are followed, and that all filings are submitted in a timely manner.

Is this a position that allows for career growth?

Yes, Fortrea encourages personal growth and development within a collaborative workspace, allowing for meaningful contributions to global impact.

What kind of audits will the Payroll Coordinator assist with?

The Payroll Coordinator will assist with both internal and external audits as well as SOX controls.

How does Fortrea approach diversity and inclusion in the hiring process?

Fortrea is an Equal Opportunity Employer that strives for diversity and inclusion and does not tolerate harassment or discrimination of any kind, making employment decisions based on business needs and individual qualifications.

Where can candidates find more information about Fortrea?

Candidates can visit the company’s website at www.fortrea.com for more information.

What payroll-related reports will the Payroll Coordinator prepare?

The Payroll Coordinator will prepare monthly Payroll Journals and Gross to Net reports for the IAS Accounting department.

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Fortrea

Science & Healthcare
Industry
10,001+
Employees
2023
Founded Year

Mission & Purpose

We are creative thinkers with decades of clinical trial experience who drive innovative solutions powered by insights from data and technology. As we tackle challenges in today’s world, we know that we need to be nimble and agile. That’s why we work side-by-side with our partners to eliminate inefficiencies from the process so we can help them deliver life-changing therapies faster for patients, caregivers and healthcare providers worldwide.