Nuveen India | Associate - Global Payroll

Key responsibilities and duties

• The Specialist, Global Payroll job is responsible for analyzing and reviewing the payroll compliance process within human resources.
• This job contributes to the enterprise's payroll processing procedures and answers employees' payroll questions.
• Under moderate supervision, this job prepares processes and focuses on payroll-specific maintenance, including reconciliation of records, legislation compliance and data verification, administration and reporting.
• Reviews payroll data, production records, and individual attendance records within the HRIS and payroll system and corrects errors to ensure the accuracy of payroll payments.
• Works on retroactive location changes, travel allocations, wage corrections, tax validation, garnishment processing, and W-2 corrections.
• Ensures the balance of payroll runs and compliance with related requirements, including minimum wage, local tax rates, and related federal and state regulations.
• Respond and manage employee inquiries and troubleshooting issues related to payroll.
• Perform periodic audits of payroll data to ensure accuracy of Employee pay information.
• Maintain the day-to-day relationship with the internal, external payroll partners.
• Performs methodological review of payroll data based on established procedures to ensure payrolls are processed timely and accurately.
• Work as SMEs to update and maintain business process policies and procedures.
• Preparing and filing tax reports, communicating with 3rd party payroll and tax reporting vendors.
• Partner with 3rd party vendor regarding unemployment, garnishment etc., notices to verify employment / pay data / deduction data and perform follow-up as necessary.
• Performs as a back-up for Payroll team member duties as needed.
• Coordinates and processes all type of payroll payments (e.g., One-time payments, bonus payments, Executive deferred Compensation plans etc.) while ensuring compliance and correct tax deductions.
• Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

Requirements

• Should be able to work with the business, cross-functional collaboration and provide the appropriate solutions.
• Proactive problem - solving capabilities with the ability to multitask and resolve issues in a fast-paced environment.
• At least 3 years of payroll experience with a proven facility in data entry, customer service and problem resolution.
• Sound and comprehensive communication and diplomacy skills are required to exchange complex information.
• Good knowledge on MS excel and its features.
• Good communication and interpersonal skills to interact effectively with onshore team and payroll vendor.
• Self-starter with minimum or no hand hold support.
• Detail-oriented and analytical thinking skills to ensure accurate payroll processing and record keeping.
• Problem-solving skills to address any payroll issues or discrepancies swiftly and efficiently.
• Analytical Skills, Business Process Improvement, Business Process.
• 5+ years experience required

Nuveen

Nuveen traces its origin to 1898, when John Nuveen Sr. founded John Nuveen and Company in Chicago, an investment banking firm specialising in municipal bonds. It later grew into a broad investment manager offering mutual funds, closed-end funds, private equity, real estate and separately managed accounts, with particular strength in fixed income and municipal bonds. Madison Dearborn Partners owned it from 2007 to 2014, after which it became part of TIAA, which remains its parent. Today it has major offices in Chicago, New York and Charlotte.

Its openings in India have been in Mumbai and Pune, covering compliance, global payroll, accounting, internal audit data analytics and treasury at analyst and associate level.

• Industry: Investment management: fixed income, municipal bonds, real estate, private markets and other strategies; asset manager of TIAA
• Headquarters: United States, with major offices in Chicago, New York and Charlotte (wholly owned by TIAA)
• In India: Teams in Mumbai and Pune supporting the firm's global functions