Payroll Analyst

Franklin Templeton; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

Franklin Templeton in Kuala Lumpur is seeking a Payroll Specialist to manage international payroll processes across Asia, ensuring accurate data, compliance, and timely payments.

You will work with payroll vendors, perform audits, and support year-end activities while maintaining confidentiality and delivering exceptional service to internal stakeholders.

Qualifications

• Bachelor's degree or Diploma in Accounting or related field.
• Minimum 3 years of payroll experience in international organizations.
• Recognized Payroll Qualification advantageous.

Responsibilities

• Analyze and validate HR/payroll data before submission to vendors.
• Handle tasks such as final calculations, third-party payments, and share investment programs.
• Review vendor payroll outputs for accuracy and prepare pre-authorization documents.
• Support year-end audit, tax preparation, and reporting activities.
• Assist with shadow payroll administration for international assignees.
• Prepare journal entries and work with accounting on variances.

Skills

Payroll software

Excel

Data analysis

Attention to detail

Education

Bachelor's degree in Accounting or related field

Diploma in Accounting

Tools

Payroll software

Accounting systems

MS Excel

Job description

At Franklin Templeton, we believe success is built through powerful partnerships. As a forward thinking asset manager, we build dynamic relationships with clients, understand their goals, and navigate complex markets together. We leverage cutting edge strategies and deep insights to unlock opportunities for long term wealth creation. Our talented, global teams bring expertise that is both broad and unique.

From our welcoming, inclusive, and supportive culture to our globally diverse business, we offer opportunities not only to help you reach your potential, but also to contribute to our clients' success.

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; escalation 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

At Franklin Templeton, we believe success is built through powerful partnerships. As a forward thinking asset manager, we build dynamic relationships with clients, understand their goals, and navigate complex markets together. We leverage cutting edge strategies and deep insights to unlock opportunities for long term wealth creation. Our talented, global teams bring expertise that is both broad and unique.

From our welcoming, inclusive, and supportive culture to our globally diverse business, we offer opportunities not only to help you reach your potential, but also to contribute to our clients' success.