Payroll Specialist / Analyst
Cover Genius
IT, Accounting & Finance
Amsterdam, Netherlands
Posted on Nov 8, 2024
The Company
Cover Genius is a Series E insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, owner of Priceline, Kayak and Booking.com, Intuit, Uber, Hopper, Ryanair, Turkish Airlines, Descartes ShipRush, Zip and SeatGeek. We’re also available at Amazon, Flipkart, eBay, Wayfair and SE Asia’s largest company, Shopee. Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year.
Our team and products have been recognized with dozens of awards including by the Financial Times which ranked Cover Genius as the #1 fastest-growing company in APAC in 2020. Our diverse team across 20+ countries and many language groups commit itself to diverse cultural programs, in particular “CG Gives” which makes social entrepreneurs out of us all and funds development initiatives in global communities.
Our People are
Bold, Authentic, Purposeful and Inspired
Our People are not
Perfect, Traditional, Complacent or Cautious
About the Role
Reporting to the Associate Director, Global Payroll based in Amsterdam, the Payroll Specialist/Analyst will support and coordinate the company's local payroll requirements and equity management across EMEA jurisdictions. You will play a key role in the business and will have responsibility for ensuring all payrolls are processed on time, accurately, and in accordance with contracts and local legislation.
What will your day look like? You will...
- Prepare and oversee In-House and Outsourced end-to-end local payroll operations, ensuring accurate and timely processing for EMEA jurisdictions
- Establish and maintain strong relationships with local payroll vendors to ensure seamless payroll delivery
- Ensure compliance with EMEA payroll regulations, tax laws, and social security requirements in each jurisdiction
- Perform equity management administrative tasks
- Support process improvements to enhance efficiency, accuracy, and scalability of EMEA payroll operations
- Execute payroll policies, procedures, and controls to ensure consistent practices and compliance
- Stay updated with evolving global and local payroll regulations as they related to EMEA
- Collaborate with cross-functional teams, including HR, financial reporting, tax, legal and IT, to streamline payroll processes and data integration
- Ensure key performance indicators (KPIs) and service level agreements (SLAs) are met
- Execute recurring payroll audit and compliance tasks
- Perform monthly payroll GL reconciliations and provide support to financial reporting team
- Support global payroll projects, such as system implementations, upgrades, and payroll optimisation initiatives
- Coordinate year-end payroll processes, including country specific tax reporting, annual statements, and compliance filings
- Support internal business and employee payroll related queries
What you will bring;
- 5+ years experience as a Payroll Specialist/Analyst or similar role, supporting EMEA payroll operations
- Experience in equity operations a bonus
- Strong understanding of international payroll practices, accounting, regulations, tax laws, and compliance requirements across multiple countries and regions
- Strong understanding of international statutory deductions, tax rates, social security requirements, and benefits regulations
- Experience in dealing with external payroll service providers and vendors
- Proficiency in using payroll software or systems for end-to-end payroll processing
- Understanding of HRIS systems and their integration with payroll systems
- Strong analytical skills to assess payroll accounting data, identify trends, and make data-driven decisions
- Understanding of data protection regulations and confidentiality requirements in handling employee information
- Ability to work in a fast-paced, global environment with a customer-centric mindset
- Relevant certifications in payroll and/or equity management or related fields are advantageous
Why Cover Genius?
Cover Genius not only cares about being the best in our industry, we care about our team. We’re a business that understands life can be fluid and so we flex to ensure we provide the environment to suit that. What does that mean?
• Flexible PTO. Taking time out is important for our teams to enjoy life and stay fresh.
• Employee Stock Options - we want our people to share in our success, we reward them with ownership for their contribution in creating a world-class company.
• Work with like-minded people who are passionate about both the work we're doing and giving back. Our CG Gives programs enables us to all become philanthropists through our peer recognition and rewards system.
• Social Initiatives - pictures speak a thousand words!
* Cover Genius promotes diversity and inclusivity. We don't tolerate discrimination, demeaning treatment of anyone, or harassment due to race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.
