Job Title:  Analyst/Associate, Payroll Analyst (Singapore)

Job Description

Job Title: Payroll Analyst

Corporate Title: Analyst / Associate

Division: Human Resources

Location: Singapore

Nomura Overview

Nomura is a global financial services group with an integrated network spanning over 30 countries. 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

Divisional Overview

Nomura's HR department manages the company's human capital and promotes a culture of excellence, collaboration, and innovation. The team collaborates with senior leadership, business units, and stakeholders to develop effective HR strategies, providing guidance on talent acquisition, development, retention, and engagement to align HR policies and practices with business objectives. Nomura's HR team specializes in HR advisory, performance management, compensation and benefits, employee relations, and diversity and inclusion, known for providing exceptional service to employees. With a strong track record and commitment to innovation and global reach, Nomura's HR department is well-positioned to continue driving growth and success in the financial industry.

Job Responsibilities:

• Manage end to end payroll processing for Singapore and other assigned Asia countries.
• Ensure all instructions comply with company policies and statutory requirements, including fixed and ad-hoc allowance, overtimes payments and reimbursement etc.
• Ensuring the payroll cycle (main, off-cycle & ad-hoc) are processed, reconciled, audited and transmitted accurately and timely.
• Collaborate closely with external payroll vendors to ensure smooth, accurate and timely payroll operations.
• Ensure timely statutory contribution, filing and submission in accordance with local regulations.
• Serve as the primary point of contact for employees regarding payroll and employment tax queries.
• Act as Payroll Subject Matter Expert (SME) and support regional payroll initiatives and implementation project.

Job Requirements:

• Minimum of 5 years of payroll experience
• Minimum of 2 years of hands-on of experience managing payroll in Singapore
• Minimum of 2 years of experience working with payroll vendors
• Strong knowledge of payroll processes, employment tax and statutory regulations
• Proven hands-on experience in payroll operations, including vendor management
• Proficiency in Microsoft Excel and spreadsheets
• Strong analytical skills and problem-solving skills.
• Ability to work effectively under tight deadlines in a fast-paced environment.

Nomura Leadership Behaviours 

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: Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Diversity Statement

Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.

DISCLAIMER:  This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job.  The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time. 

Nomura is an Equal Opportunity Employer