Payroll Specialist
Lululemon
- Company Industries:Others
Job Information
- Post Date:2024-05-22
- Location:Tin Hau
- Employment Type:Full time
- Job Function:Remuneration Benefits
- Benefits:Partner with payroll vendor / tax authorities; Stay up to date on compliance
Job Description
Who we are
lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.
About this team
The Payroll team under Finance department will be within the Shared Services function and is responsible for supporting our fast-growing business attending to the needs of our employees. We provide a tremendous opportunity to learn about the various operations within lululemon, often working with cross-functional teams as key partners in strategic and operational decisions. You will be able to add value immediately, see the big picture and develop a business and finance skill set that you can leverage in future roles within the organization. We are a stand for high quality work, driving high quality results and living a high-quality life.
A day in the life:
- Perform full spectrum of APAC payroll functions and ensure monthly payroll process for new hires, terminations, salary changes, compensation and benefit payouts are executed promptly, accurately and in compliance with country statutory regulations and company policies.
- Close collaboration with our service providers and internal stakeholders to ensure timely and accurate salary payments to employees.
- Prepare and consolidate monthly reports and variable payroll data (e.g. retail bonus, OT allowance, salary adjustment, etc.) from systems and internal teams to service providers
- Review, validate and reconcile payroll output files from service providers to ensure accuracy
- Per the payroll calendar ensure payroll inputs reach our provider on time and ensure banking transactions are completed in accordance with pay date deadlines
- Handle payroll related statutory filings and payments in a proper and timely manner
- Assist in year-end tax activities to ensure filings are done within statutory deadlines
- Liaise with People & Culture team, payroll vendor and tax authorities in relation to benefits, pensions, social insurance and other taxes
- Follow up with manager/employees as necessary regarding incomplete and/or inaccurate personal data
- Respond to manager/employee queries on payroll matters in a timely and professional manner
- Stay up to date on local labor laws, regulations and compliance requirements
- Assist or provide required information on internal/external audits, including payroll or country regulatory audits
- Assist on payroll related project as requested
Qualifications:
- Bachelor's degree with 5+ years experiences in a similar role with Korea payroll knowledge, exposure to international payroll would be an advantage
- Advance level of English; knowledge in Korean language is preferrable
- Knowledge of local labor laws and regulations throughout APAC countries, especially to Korea
- Knowledge and experience using HR, Payroll and Time and Leave Management systems required. Experience with Ceridian Dayforce, Workday and Immedis would be an advantage
- Strong knowledge of Microsoft Office especially Excel spreadsheet
- Strong organizational skills
- Ability to work independently and work closely with people manager
- Professional and able to keep sensitive information completely confidential
Must haves:
- Acknowledges the presence of choice in every moment and takes personal responsibility for their life.
- Possesses an entrepreneurial spirit and continuously innovates to achieve great results.
- Communicates with honesty and kindness, and creates the space for others to do the same.
- Leads with courage, knowing the possibility of greatness is bigger than the fear of failure.
- Fosters connection by putting people first and building trusting relationships.
- Integrates fun and joy as a way of being and working, aka doesn’t take themselves too seriously.
Beyond the Paycheck (Benefits & Perks)
At lululemon, we care for and invest in the whole person – body, mind, spirit. Our total rewards program is designed to support you in achieving your goals and focus on the things you love. In addition to competitive base pay and a team-based bonus program, we also offer paid time off, generous employee discounts, fitness/yoga classes, parenthood top up program and personal and professional development programs.
Note: availability of these benefits and perks may be subject to your location & employment type and may have certain eligibility requirements. The Company reserves the right to alter these benefits and perks in whole or in part at any time without advance notice.
Company Info
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