HR-Payroll Associate

Corporate Title: Associate

Department: Human Resources

Location: New York, NY

Company overview

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors

Department overview:

The Payroll Associate is part of the HR Payroll department and will handle high volume transactions related to the entire payroll process.

Role Description:
Candidates must be proficient with all aspects of payroll practices including data processing, gross-to-net calculations, payroll tax compliance and technology. This position will be responsible for processing bi-weekly and monthly payrolls for over 3,000 employees in a multi-state, multi-entity environment and reports to the Americas Head of Payroll.

Essential Duties and Responsibilities:

·        Execute bi-weekly and monthly payroll processing, including expatriate payrolls for multiple companies and pay groups

·        Process high-volume payrolls and manage mass import files for deferred compensation and special payments

·        Prepare payroll funding calculations for net pay, tax liabilities, and 401(k) administration

·        Balance and reconcile payroll data for audit readiness

·        Generate monthly Bureau of Labor Statistics reports

·        Support quarterly and annual year-end processing and information returns

·        Create ad hoc reports for internal stakeholders

·        Coordinate audit responses and provide requested data for internal/external audits

·        Interface with Ultimate Software (UltiPro) for payroll system operations

·        Maintain payroll system data integrity and collaborate with HR on reconciliation

·        Respond to employment and mortgage verification requests

·        Build and maintain relationships with internal and external partners

Experience /Qualifications/Education:

·        Minimum 5 years of bi-weekly and monthly payroll processing in multi-state, multi-entity environment

·        At least 2 years of hands-on UltiPro experience (UTM familiarity preferred

·        Proven ability to thrive in high-volume, fast-paced settings

·        Expert knowledge of Ultimate Software payroll platform (UltiPro)

·        Advanced Microsoft Excel proficiency

·        Comprehensive understanding of payroll year-end processes (quarterly amendments, taxable fringe benefits, W-2 reporting)

·        Strong grasp of payroll tax compliance and multi-state regulations

·        Exceptional written and verbal communication skills

·        Outstanding customer service orientation

·        Strong analytical and problem-solving abilities

·        Superior organizational skills with meticulous attention to detail

·        Ad hoc reporting capabilities

·        Ability to handle highly confidential information

·        Bachelor’s degree in accounting, Finance, or related field preferred

·        Certified Payroll Professional (CPP) certification a plus

Nomura Leadership Behaviors 

Explore Insights & Vision 

§  Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future. 

Making Strategic Decisions 

§  Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations. 

Inspire Entrepreneurship in People 

§  Inspire team members through effective communication of ideas and motivate them to actively enhance productivity. 

Elevate Organizational Capability 

§  Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.  

Inclusion  

§  Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect). 

*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”.

Nomura is an Equal Opportunity Employer