Payroll Process Optimization Lead

Boston, MA, United States

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 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 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!

What is the Financial Effectiveness group responsible for? We are responsible for providing support to our business partners that drives efficiencies in producing trusted financial results. We do this by planning, prioritizing and supporting finance systems improvements through configuration, reporting, and other means, by collaborating with our business partners.

What is the Payroll Process Optimization Lead responsible for? The candidate will play a critical role in enhancing our global payroll process, ensuring accuracy, efficiency and compliance. The Payroll Process Optimization Lead will work closely with the existing payroll operations team, technology team, HR and other cross-functional teams to drive standardization and optimization. This position has significant leadership accountability responsibilities.

The Payroll Process Optimization Lead will make or recommend key business decisions that impact the global payroll operations process. This position reports to the VP of Financial Effectiveness and will also work closely with the technology and HR groups to recommend items for and manage the roadmap. A key driver in project delivery, the role will contribute to the process of gathering and validating business requirements and sign-off at each critical stage of a project.

What are the ongoing responsibilities of a Payroll Process Optimization Lead? Coordinate across all stakeholders to ensure consistent and timely communication of payroll matters

Apply continuous improvement principles and best practices to accomplish objectives such as reducing the amount of manual transactions and intervention, reducing the number of adjustments, minimizing off cycle transactions and streamlining the use of data within the systems needed to complete global payroll processes

Assist in the prioritization of payroll projects, enhancements and initiatives

Work with stakeholders to define requirements for various enhancements, projects, etc.

Work across multiple stakeholders to define implementation timelines of various initiatives

Work with stakeholders to determine costs to implement various initiatives

Assist in change management planning and delivery for areas impacted by changes to payroll processes

Work closely with the Payroll team to standardize, as much as possible, processes across regions

Assist the Payroll team in identifying opportunities for automation and improvement

Conduct root cause analysis to understand underlying issues

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

Demonstrate executive presence when working with colleagues across Finance, Human Resources, Technology and other functions

Demonstrate resilience by removing barriers while being a change champion

Consistently think in terms of enterprise-wide goals while also balancing payroll specific needs

Qualifications:

Bachelor's degree in Finance, Accounting or related field or equivalent experience

Demonstrated experience leading payroll process optimization initiatives

Proven project management, business analysis and change management abilities

Strong analytical skills and attention to detail

Demonstrated behavior of working effectively across multiple corporate functions

Excellent written and verbal communication skills

Workday experience is highly desired

Franklin Templeton offers employees a competitive and valuable range of total rewards-monetary and non-monetary-designed to support the whole person and to recognize their time, talents, and results. Along with base compensation, other compensation is offered such as a discretionary bonus, 401k plan, health insurance, and other perks. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Franklin Templeton, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation.We expect the salary for this position to range between $110,000.00 - $150,000.00.

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Experience our welcoming culture and reach your professional and personal potential! Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there's a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.

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By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life's adventures, taking care of your family members, or making a positive impact in your community, we aim to have your needs covered.

Learn more about the wide range of benefits we offer at Franklin Templeton

Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing 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.

Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation to search for or apply for one of our positions, please send an email to [email protected] . In your email, please include the accommodation you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.

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