Job Information
Flowserve Corporation Payroll Analyst in Debrecen, Hungary
Company Overview:
If a culture of excellence, innovation and ownership is what you’re searching for, consider putting your experience in motion at Flowserve. As an individual contributor, or as a leader of people, your enterprise mindset will ensure Flowserve’s position as the global standard in comprehensive flow control solutions. Here, your opportunity for professional development and industry leading rewards will be supported by our foundational commitments to the values of people first, integrity and safety. Thinking beyond opportunity and reward, at Flowserve, we are inspired by working together to create extraordinary flow control solutions to make the world better for everyone!
Role Summary:
We are looking for an experienced payroll specialist who will ensure complete payroll processing, data verification, and employee tax management, while also actively contributing to process streamlining. The ideal candidate will have detailed knowledge of payroll issues, experience with ADP, and familiarity with state and local tax obligations.
Your role:
Payroll process
Ownership and responsibility of the end-to-end payroll processing of our two Hungarian legal entities
Preparation of monthly payroll runs in cooperation with the payroll vendor
Accurate collection, reconciliation, and transmission of all input data to the payroll vendor according to the agreed payroll schedule and legal deadlines
Processing time and absence data (validating approvals, Ots, sick leaves, etc.)
Clarification of input data, collaboration with HR, Finance, Leadership and IT
Knowledge and correct handling of all types of payments, deductions and contributions including special benefit elements (bonus, gross-up, per diem, incentive, stock option etc.), adjustments and corrections via payroll
Output validation: Identification, analysis, and correction of errors via reconciliation of payroll data
Accurate handling of termination payments, such as payments after leaving, recovery of advance payments/loans, special payment packages in case of redundancy etc.
Preparation and processing of manual, supplementary and off-cycle/on-demand payments
3rd party declarations and payments
Vendor relationship management
Finalization of payroll schedules and calendars in cooperation with all involved parties in accordance with local regulations and Flowserve’s global payroll procedures and best practices
Continuous monitoring and coordination of payroll vendor activities to ensure timely and accurate performance of payroll tasks.
Monitoring of ongoing or open issues until their resolution is completed
Joining service calls with the vendors and making sure issue logs are complete, meeting minutes are accurate
Partnering with the payroll and the benefits vendors to drive process alignment, as well as the identification and resolution of new or recurring issues
Completing a monthly internal log of statistics for billing purposes
Compliance
Review and control of payroll output data in accordance with Hungarian Labour Law, SOX guidelines and Flowserve’s global payroll procedures and best practices
Accurate and timely handling of absence-related cases (sick leave, maternity, etc.). Understanding of UKG Kronos for compliant absence / OT handling
Creation or validation of statutory declarations, and other payroll related documents in cooperation with the payroll vendor
Accurate and timely management of payments to employees, authorities and other third parties according to the deadlines defined in the payroll calendar
Accurate and timely handling of statutory reporting and filing according to local regulations
Audit support related to payroll activities and coordination of timely completion of audit requests
Coordination of tax year-end processing and filing according to the local statutory requirements
Creation, updating, and maintenance of desktop procedures for all payroll processes in accordance with local legislative compliance, HR policies and Flowserve’s global payroll procedures and best practices
Collaboration and customer service
Partnering with other teams to drive process alignment, as well as the identification and resolution of new or recurring issues
Professional handling of employee inquiries via ticketing system (or other channels)
Acting as first point of contact regarding any payroll related questions or escalations
Providing support regarding benefit administration tasks (healthcare, insurance, fringe benefits etc.) where needed
Review and adjustment of processes in case of need, including making proposals for process improvement
Coordination of monthly and ad-hoc employee communication on important updates with impact on employees’ pay or about process changes
Assistance in system testing due to legal updates, version upgrades or any other enhancements to the systems as needed
Acting as a back-up for other payroll operations within the EMA region (country specific training will be provided)
Your profile:
College / University degree
3+ year of experience in working in end-to-end payroll processing HUN payroll with 500+ employees
Routine in statutory/third-party reporting and payment, GL, internal and external reporting
Native Hungarian language knowledge
Fluent English for regional collaboration and supporting non-Hungarian employees
Profound understanding of HUN Social Security / with a focus on Maternity Leave / Return process
Knowledge of UKG Kronos and its reporting functions in accordance with Hungarian Labour Law
Experience with Workday or similar HR system
Advanced excel knowledge
Expectations
Excellent analytical skills and attention to detail
Excellent written and oral communication skills in both English and Hungarian
Strong customer service skills: even in person or via chat/phone
Advanced user of MS Office (Excel, Word, Outlook)
Ability to work independently and diligently under pressure with minimal supervision
Great time management skills
Proactivity
Excellent problem-solving skills
Flexibility regarding working patterns in payroll peak periods
Ability to support and participate in global projects related to payroll
Ability to create and maintain end-to-end process documentation
Good relationship management (internal departments, external vendors)
Attention to the right treatment of confidential and sensitive data at all times
Demonstration of professional behavior during work at all times
What we offer you:
Friendly multicultural environment and team events
Life, accident and health insurance
Cafeteria Package
Career development and training opportunity
Opportunity for hybrid work
If this sounds like you and you are interested in a growth mindset role with a global leader in the fluid control industry, then click APPLY with your English CV and one of our Talent Acquisition team with get in touch with you soon.
Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. Join a company whose people are committed to building a more sustainable future to make the world better for everyone. With 16,000+ employees in 50+ countries, we combine our global reach with local presence. Our team challenges themselves to approach each situation with ingenuity and creativity to help provide our customers with the most innovative flow control products and services. We support 10,000+ customers worldwide, creating products to meet the needs of our customers who are supplying energy, fresh water, pharmaceuticals and other essentials to consumers, businesses and governments globally. We invite you to put your talents and career in motion at Flowserve.
Req ID : R-18370
Job Family Group : Human Resources
Job Family : Payroll
EOE including Disability/Protected Veterans. Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers. Pay Transparency Nondiscrimination Provision
If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access flowservecareers.com as result of your disability. You can request a reasonable accommodation by sending an email to employment@flowserve.com. In order to quickly respond to your request, please use the words "Accommodation Request" as your subject line of your email. For more information, read the Accessibility Process.