BlackRock
10000+ employees
investment-management
financial-services
investment-advice
investment-banking
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About BlackRock
BlackRock's business is investing on behalf of our clients, from large institutions to parents and grandparents, doctors and teachers who entrust their savings to us. We work only for our clients-period. Our promise is to offer them the clearest thinking about what to do with their money and the products and services they need to secure a better financial future. That's why investors of all kinds have made us the world's largest asset manager, entrusting us with trillions of dollars, and it's why companies, institutions and global governments come to us for help meeting their biggest financial challenges. Important disclosures:
3 months ago
Vice President or Director - EMEA Payroll Operations & Strategy Lead
Budapest - Office
Full-time
Lead
Vice President
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Description
- The Global Payroll & Employment Tax function at BlackRock is responsible for accurate payroll processing and tax compliance for approximately 22,000 employees worldwide.
- As Vice President or Director, EMEA Payroll Operations & Strategy, you will provide strategic leadership for payroll across multiple countries in the EMEA region, including Hungary, Germany, France, Netherlands, and Italy.
- You will drive transformation, ensure compliance, and improve employee experience through innovative processes and vendor management.
- Key responsibilities include overseeing payroll operations, managing vendor relationships, leading process improvements, ensuring compliance with Sarbanes Oxley, and collaborating with cross-functional teams.
- The role requires strong leadership, deep payroll knowledge, experience with internal controls, and the ability to manage complex initiatives in a fast-paced environment.
- The ideal candidate will have 10+ years of payroll leadership experience, excellent communication skills, and familiarity with employment tax regulations in EMEA.
- Benefits include retirement plans, education reimbursement, health and wellness resources, family support, and flexible time off.
- The position offers a hybrid work model with at least 4 days in the office per week in Budapest, Hungary.
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Requirements
- 10+ years of payroll leadership experience, including regional oversight and team management within a complex, multinational environment.
- Exceptional leadership and communication skills, with proven ability to influence senior stakeholders and drive cross-functional collaboration.
- Knowledge and experience with employment tax and other regulations in the EMEA.
- Knowledge of withholding tax, related tax filings, tax policy and regulations as they relate to EMEA.
- Knowledge of accounting, with a focus on compensation accounting.
- Experience in designing, implementing, and reviewing internal controls aimed at reducing operational risk.
- Ability to effectively manage vendors, ensuring adherence to contracts and Service Level Agreements.
- Strong client service mentality and ability to develop strong working relationships with team, internal partners, and vendors.
- Strong strategic thinking and prioritization skills to manage complex initiatives in a fast-paced environment.
- Strong analytical skills to recognize and resolve problems.
- Ability to adapt to fast-paced working culture.
- Discretion in dealing with confidential information.
- Bachelor’s Degree preferred.
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Benefits
- Retirement investment and tools to help build a sound financial future.
- Access to education reimbursement.
- Resources to support physical health and emotional well-being.
- Family support programs.
- Flexible Time Off (FTO) to relax and recharge.