Global Payroll Accounting Expert - US

Syensqo is all about chemistry. We're not just referring to chemical reactions here, but also to the magic that occurs when the brightest minds get to work together. This is where our true strength lies. In you. In your future colleagues and in all your differences. And of course, in your ideas to improve lives while preserving our planet's beauty for the generations to come.

Job Overview and Responsibilities

Syensqo is creating its internal Global Business Services (GBS) to cover Finance, Procurement and Human Resources activities. We offer you to work in a dynamic and collaborative environment and to contribute to this group's transformation.

Join us in one of our locations, be part of this transformation journey from the start.

The incumbent will deliver Payroll Accounting Services according to the service catalog:

Key Responsibilities:

Under the guidance of the Global Payroll and Benefits Process Expert Team Lead, this role will primarily focus on supporting and delivering payroll accounting activities, ensuring accuracy, compliance, and timely processing of payroll for employees in NAM. The ideal candidate will have a strong background in payroll accounting, a deep understanding of local labor and tax laws, and excellent analytical skills.

Key responsibilities of the position (may adjust per actual or per demand) :

• Payroll Accounting Administration

• Manage end-to-end payroll accounting processes for employees in NAM, ensuring accuracy and compliance with local regulations.
• Prepare and process payroll journals, reconciliations, and reports, ensuring alignment with general ledger accounts. Prepare/Review Balance Sheet Account Reconciliations linked with Payroll/Fringe Accounts.
• Reconcile payroll accounts and resolve discrepancies in a timely manner.
• Answer questions from GBU's on Cost Centre variations.
• Fringe Rate analysis and recommendations for the upcoming year.
• Accounting linked with Bonus Payout/Bonus Accrual Reversal on an annual basis.
• External Audit, Payroll Audits, and Actuarial support.
• Accounting linked with Vacation Accrual Process.
• Oversee Pension Accounting/in coordination with Service Centers.
• Provide ad hoc reporting to CAMs, Controllers, and other finance people as needed
• Support global payroll projects and improvements with an understanding of the region-specific needs and impacts on the FI/Accounting side.

• NAM specific request (per Payroll Accountant Duties file)

• Review payroll postings and make necessary corrections (void checks, manual payroll postings for PR not posting automatically, out of balances, corrections for non-harmonized wage types in the US, etc.)
• Prepare vacation accrual and posting (Hourly). Note: hourly vacation accrual is not standard.
• Provide training to CAMs/Controllers on NAM payroll accounting processes
• Maintain training documentation for NAM payroll process
• Provide mapping for new NAM wage types in PF1 and WP1
• Review all test output and approve from accounting perspective
• Liaise with Strada/NAM HR and payroll teams for errors and changes on accounting/FI side (errors, periods not opened, changes, etc)
• Support bonus process and payout corrections to US companies- note this is after the global process as these are corrections needed in Jan and Apr each year for all the US companies
• Provide codification for misc payments related to payroll and payroll differences coming from Treasury
• When necessary, prepare and submit to CICC manual pelican files, as needed
• Support Chemplex accounting process
• Accesses provided for PP9/WP1/PF1 systems to support payroll process, maintaining confidentiality of information

• Compliance and Reporting

• Stay updated on changes in labor laws, tax regulations, and social security requirements in NAM per request.
• Support internal and external audits by providing accurate payroll accounting records and documentation.

• Payroll Support and Collaboration:
  • Collaborate with HR, Finance, and external payroll providers to ensure seamless payroll delivery.
  • Assist in the implementation and improvement of payroll accounting processes and systems.

• Data Analysis and Continuous Improvement:
  • Analyze payroll accounting data to identify trends, discrepancies, and opportunities for improvement.
  • Develop and maintain payroll accounting documentation, including process manuals and guidelines.
  • Recommend and implement process improvements to enhance efficiency, accuracy, and compliance.

About us

• Syensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel and play. Inspired by the scientific councils which Ernest Solvay initiated in 1911, we bring great minds together to push the limits of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 associates. Our solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices and health care applications. Our innovation power enables us to deliver on the ambition of a circular economy and explore breakthrough technologies that advance humanity.
• At Syensqo, we seek to promote unity and not uniformity. We value the diversity that individuals bring and we invite you to consider a future with us, regardless of background, age, gender, national origin, ethnicity, religion, sexual orientation, ability or identity. We encourage individuals who may require any assistance or accommodations to let us know to ensure a seamless application experience. We are here to support you throughout the application journey and want to ensure all candidates are treated equally. If you are unsure whether you meet all the criteria or qualifications listed in the job description, we still encourage you to apply.