Payroll Analyst

Our Purpose
TERADYNE, where experience meets innovation and driving excellence in every connection. We are fueled by creativity and diversity of thought and in our workforce. Our employees are challenged to innovate and learn something new every day.

We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.

Opportunity Overview
Teradyne Philippines Ltd. is seeking a highly motivated, energetic, and results-driven HR Partner for Compensation and Benefits, specifically payroll.

Payroll

• Oversee and administer the payroll process, ensuring such adheres to legal requirements and company-related policies.
• Ensures payroll is processed with speed and accuracy.
• Coordinates and collaborates with Finance and other stakeholders regarding payments and deductions and for all matters related to payroll for the site.
• Coordinates with payroll vendor to ensure payroll processing accurately reflects company specific pay policies.
• Audits employee pay records to ensure accuracy
• Manages payroll system implementation and upgrades
• Interprets pay policies (vacation, LOA, disability, withholding exemptions, etc)
• Ensures appropriate amounts/ deductions are calculated and applied correctly
• Participate in internal and external audit requirements of the site.
• Assists in the creation and/or review and maintain payroll related processes and policies.
• Conduct and participate in market surveys.
• Address and facilitate employee queries and requests.
• Perform other related compensation and benefits tasks and programs.
• Support benefit programs and ad hoc tasks.

• Compliance
• Proactively ensures that the payroll and processes are efficient and compliant with known standards.
• Participates in the audit activities of the site.
• Review, monitor, update, and implement employee policies and procedures that are initiated by the government or are company initiated related to payroll.
• Participates in regulatory compliance requirements of the site such as DOLE reports, RBA (Responsible Business Alliance), internal and external audit, and labor-related audits pertaining to payroll.
• Reviews payroll and benefits instruction file(s).

• Other Roles
• Ensures that records and documents related to payroll are recorded accurately and processed timely in accordance with government and company guidelines.
• Facilitate training sessions related to the function.
• Create and generate reports and maintain databases.
• Collaborate with internal and external customers on services to achieve service excellence.
• Any other related activities and tasks.
  
  

All About You
We seek individuals who share our passion and determination. Our commitment to customer success drives us to go the extra mile. If you’re ready to join us in this mission, take a closer look at the minimum criteria for the position.

• Must be a graduate of accounting, or human resources related degree or the equivalent.
• Must have 5 to 8 years of proven experience in the areas of payroll and compliance.
• Knowledge and experience in various Comp & Ben work such as salary and benefits review, salary survey, job review, Comp & Ben benchmarking, etc.
• Must be well-versed with the Philippines employment laws and labor standards.
• Proficient in MS Office with advanced proficiency in MS Excel.
• Knowledge and experience in navigating a human resource management system.
• Knowledge and experience in navigating time tracking systems.
• Must be proactive in leading initiatives and programs.
• Ability to build and maintain relationships at all levels.
• High level of integrity and ethical standards.
• Ability to work independently and handle multiple tasks is a necessity.
• Ability to perform & deliver under agreed timelines.
• Has good interpersonal skills and is results-driven.
• Must be able to communicate effectively in the team, employees, and stakeholders
• Must be keen on details and is highly organized.

We are only considering candidates local to position location and are unable to provide relocation for this position.

This position is not eligible for visa sponsorship.

Benefits:

Benefits: Teradyne offers a variety of robust health and well-being benefit programs, including medical, dental, vision, Flexible Spending Accounts, retirement savings plans, life and disability insurance, paid vacation & holidays, tuition assistance programs, and more.