Senior Payroll Specialist at Vanguard

Malvern, Pennsylvania, United States

Apply Now

Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

NoVisa

Financial ServicesIndustries

Requirements

Minimum 2 years of experience in payroll administration, payroll operations, or compensation processing
Bachelor’s degree in Accounting, Finance, Human Resources, Business Administration, or a related field
Global and U.S. payroll experience preferred
Experience with payroll systems (ADP Streamline / Celergo / Payforce / iHCMII, Workday, SAP, Oracle)
Strong knowledge of compliance, tax codes, and statutory requirements
FPC, CPP or other Global certifications preferred

Responsibilities

Audit and reconcile payroll data for accuracy and compliance
Administer base and non-base pay components (overtime, bonuses, commissions)
Calculate gross-to-net pay and manage statutory deductions
Resolve complex payroll and compensation inquiries
Test and implement payroll system enhancements (ADP, Workday, SAP, Oracle)
Maintain payroll records and ensure timely delivery of payments
Collaborate on special projects and process improvements

Skills

ADP Streamline

Celergo

Payforce

iHCMII

Workday

SAP

Oracle

payroll auditing

gross-to-net calculations

statutory deductions

tax compliance

FPC

CPP

Vanguard

Client-owned investment management firm offering low-cost funds

About Vanguard

Vanguard provides financial services with a focus on investment management. The company offers a variety of products, including mutual funds, exchange-traded funds (ETFs), individual retirement accounts (IRAs), and 401k rollovers, aimed at individual investors, financial advisors, and institutions. Vanguard's unique ownership structure means it is owned by its funds, which are in turn owned by the clients, allowing it to prioritize the needs of its investors over external shareholders. This model enables Vanguard to offer low-cost investment options, as it primarily earns revenue through management fees that are generally lower than industry standards. Additionally, Vanguard provides personalized investment advisory services, charging fees based on the assets managed. The company's goal is to help clients grow their wealth and achieve their financial objectives through effective investment strategies, while maintaining a competitive performance track record.

Kline Township, PennsylvaniaHeadquarters

1975Year Founded

SECONDARYCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees

Benefits

Best-in-class medical, dental & vision coverage

Onsite health clinic & fitness center

Health Smart Rewards program

Vanguard Retirement Savings Plan

Education Benefits

PTO

Family Planning Benefist

Parental leave

Personal development opportunities

Volunteer Time Off

Risks

Competition from AI-driven platforms like Writer challenges Vanguard's traditional advisory services.

Vanguard's stake in Steelcase exposes it to the volatile furniture market.

New active bond ETFs may struggle in a low-yield environment with increasing competition.

Differentiation

Vanguard is client-owned, aligning its interests with investors, unlike traditional firms.

The firm offers low-cost investment products, making it attractive to cost-conscious investors.

Vanguard's ownership structure allows it to focus on long-term investor value.

Upsides

Vanguard's new active bond ETFs offer diversified, low-cost fixed income options.

The acquisition of Steelcase shares diversifies Vanguard's portfolio into the furniture industry.

Launching the International Dividend Growth Fund appeals to investors seeking sustainable dividend growth.

Land your dream remote job 3x faster with AI

Try Jobo Free