Details of the Division and Team:

The Payroll Specialist is a key member of the payroll team ensuring the accurate and timely completion of the monthly payroll for Deutsche Bank Group and/or DWS companies in Singapore. The payroll team are responsible for the full spectrum of payroll processes, benefits administration, payroll-related accounts balance reconciliation, and various employment-related taxes and tax reporting.

What we will offer you:

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Flexible benefits plan including virtual doctor consultation services
• Comprehensive leave benefits
• Gender Neutral Parental Leave
• Flexible working arrangements
• 25 days of annual paid leave, plus public holiday & Flexible Working Arrangement

Your key responsibilities:

In this role, you will be responsible for expert support and service delivery for the Singapore payroll. Viewed as a payroll subject expert, you will have a key role leading the compliance, productivity and efficiency of the Singapore payroll

Payroll Processing:

• Lead and manage the in-house Singapore Payroll team and ensure accurate and timely processing of payroll for all employees
• Maintain day-to-day stable operations and responsible for the quality delivery of the Singapore payroll
• Ownership of payroll processes, payroll reports and analytics / reconciliations and maintain proper records
• Validate and reconcile payroll data processing including the calculation of wages, deductions, and payment of employees' wages
• Supervise payroll accounting including the monthly postings and accruals
• Ensures appropriate definition of payroll schedules, special processing planning and documentation of business and local requirements
• Have a sound knowledge of benefits, equity reward programs and how they impact payroll
• Manages service delivery metrics in relation to payroll
• Improve operational effectiveness, standardizing activities to a high degree and maintaining relevant documentation

Compliance:

• Comply with Deutsche Bank's internal policies and procedures and SOX requirements
• Stay updated with local payroll laws, tax regulations, and statutory requirements relevant to payroll matters
• Perform necessary activities to comply with employer year-end tax reporting
• Perform relevant leaver tax reporting and processing activities
• Effectively lead all internal and external audit activities

Collaboration and Communications:

• Actively engage and participate in global and regional projects / initiative with value accreditation to the client and to the organization
• Create positive relationships with Finance, HRIT, HRBP's and other key functions to ensure holistic delivery of payroll outcomes
• Manages payroll queries from employees, managers and HR teams in a timely, and professional manner
• Interpret trends to anticipate problems, proactively communicate to stakeholders, escalate appropriately, make decisions and take actions to mitigate risks
• Projects, System and Data Management:
• Work closely with payroll vendors and HRIT teams to ensure payroll system are up to date and accurate
• Support all internal and external integrations, investigate data feed issues and implement on-going reconciliation processes including testing and upgrades
• Maintain and drive key relationships with internal and external vendors, ensuring payroll practices are clearly regulated with a high level of discipline

Your skills and experience:

• This role requires at least 8 years of experience working on Singapore payroll
• Requires 5 years or more managerial experience of the payroll function, with in-depth knowledge of the Singapore payroll regulatory and processing requirements
• 5 years or more experience with a multi-national bank or financial services organization or vendor experience supporting bank or financial service companies
• Ability to manage multiple projects and competing priorities
• Good Excel, Word and PowerPoint; quick adaptability to systems, tools and processes
• Strong oral and written communication skills
• Demonstrated skill in judgement to make decisions and handle complex tasks or problems
• Ability to assess quality of information given and ask pertinent questions to stakeholders
• Ability to work independently and effective communicator
• Very strong attention to details, confidence to challenge and ask questions
• Working knowledge of SAP payroll and Workday system
• Experience in Account Reconciliation

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply.

How we'll support you:

• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.