Vice President, Payroll Administration Manager I

Vice President, Payroll Administration Manager I

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.    

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We’re seeking a future team member for the role of Vice President to join our US Payroll team. This role is located in Pune- India.

In this role, you’ll make an impact in the following ways: 

• Should have extensive US payroll tax experience, 
• Should be able to work on Balance sheet and payroll reconciliations including research and processing of the necessary corrections in the payroll system
• Should have vast experience in doing 401k processing, new hire reporting, payroll disbursements, 
• Handling US payroll tax employee queries
• Initiating fundings which includes payroll funding, garnishment funding, 401 k funding, commuter benefits, 401k forfeitures, HAS fundings, EFT verifications
• US payroll journal posting and invoice submissions
• Assists with the implementation of US payroll policies and procedures that comply with all laws, policies and regulations within the country or region. 
• Knowledge of US payroll taxation. 
• May analyze payroll processes to suggest improvements. 
• With direct supervision, may contribute to special projects.
• Ensures that all statutory regulations and payments to third parties including regulatory and taxing bodies are in compliance with country and/or regional law. 
• Confirms the implementation procedure with more senior professionals. 
• Supports the development of accounting schedules and contributes to data gathering in support of system efficiencies analyses. 
• Completes assigned audit tasks as needed
• Flexible to work in evening/night shifts – US time zone.

What you’ll need:

• Proficiency in MS Office (excel, word and ppt in particular).
• Bachelor‘s degree or the equivalent combination of education and experience is required.
• 10-15 years of total US payroll tax work experience is preferred. 
• Degree in Accounting/Commerce is preferred.
• Systems – Oracle Financials/Blackline

At BNY, our culture speaks for itself. Here’s a few of our awards: 

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg’s Gender Equality Index (GEI), 2023

Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. 

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.