Payroll Analyst

Franklin Templeton; Kuala Lumpur; On-site; MYR 60,000 - 80,000; Full time

Job summary

A global investment firm is seeking a Payroll Specialist in Kuala Lumpur to manage payroll duties across Asian countries. Responsibilities include analyzing HR data, validating payroll outputs, and supporting tax preparation. Applicants should have a Bachelor's degree in Accounting and at least 3 years of payroll experience in international settings. Strong knowledge of payroll software and legislation across Asia is essential, along with analytical skills.

Benefits

Learning opportunities

Employee well-being support

Inclusive culture

Qualifications

• Minimum 3 years of payroll experience in complex, multi-site, international organizations.
• Recognized Payroll Qualification advantageous.

Responsibilities

• Analyze, audit, and validate HR data before submitting to payroll vendors.
• Handle final calculations and manage employee share investment program.
• Review vendor-produced payroll outputs for accuracy.
• Support year-end audit, tax preparation, and reporting.

Skills

Understanding of statutory payroll legislation across Asia

Proficiency in payroll software

Proficiency in Microsoft Office

Fluent English

Strong organizational skills

Education

Diploma or Bachelor’s degree in Accounting

Tools

Payroll software

HR systems

Job description

At Franklin Templeton, we’re advancing our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic and diversified firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that’s both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we provide opportunities to help you reach your potential while helping our clients reach theirs.

Come join us in delivering better outcomes for our clients around the world!

About the Department

Our Payroll team manages payroll duties for assigned Asian countries (excluding India), including processing and validating data before submission to providers, and auditing reports, pay slips, and final outputs. We handle payroll-related inquiries, assist with procedural updates, implement and test new processes and systems, and serve as the main contact for employees and stakeholders. Joining us offers exposure and opportunities to develop expertise in international payroll practices and system enhancements.

How You Will Add Value: Core Responsibilities

• Analyze, audit, and validate HR data (hires, terminations, transfers, pay/deductions) before submitting to payroll vendors in required formats.

• Handle secondary payroll tasks such as final calculations, stop payments, third-party payments, and manage employee share investment program.

• Review vendor-produced payroll outputs for accuracy.

• Prepare pre-authorization documents for internal review and approval.

• Support year-end audit, tax preparation, and reporting.

• Assist with shadow payroll administration for international assignees.

• Prepare journal entries and work with accounting on variance analysis and queries.

• Record and reconcile employee deductions (e.g., Employee Stock Investment Plan contributions).

• Address payroll-related inquiries from internal/external stakeholders; escape complex issues as needed.

• Provide backup for other payroll team members when required.

• Track and review absence records, calculate related payments, and prepare accruals.

• Participate in ad-hoc projects, including new business unit setups and procedural documentation.

• Develop and test new payroll procedures and system enhancements.

What Will Help You Be Successful in This Role: Experience, Education & Certifications

• Diploma or Bachelor’s degree (preferably in Accounting or related field)
• Minimum 3 years of payroll experience in complex, multi-site, international organizations
• Recognized Payroll Qualification advantageous

Technical Skills

• Strong understanding of statutory payroll legislation across Asia
• Experience managing payroll for multiple countries preferred
• Proficiency in payroll software; familiarity with Accounting and HR systems a plus
• Broad experience in payroll, including working with external providers
• Experience in journal creation, account analysis, and payroll reconciliation
• Proficiency in Microsoft Office, especially Word, Outlook, and intermediate Excel
• Fluent English; additional languages advantageous

Soft Skills

• Ability to work independently with minimal supervision
• Strong organizational, analytical, and problem-solving skills
• Ability to maintain confidentiality and align solutions with organizational objectives
• Excellent customer service skills and proactive issue resolution

Experience our welcoming culture and reach your professional and personal potential!

Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there’s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.

Hear more from our employees

By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life’s adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered

Learn more about the wide range of benefits we offer at Franklin Templeton

Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.

Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation or adjustment to search for or apply for one of our positions, please send an email to [e-mail]. In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.