Senior Payroll Analyst

Posted 18 Days Ago
Be an Early Applicant
Hyderabad, Telangana, IND
In-Office
Senior level
Financial Services
The Role
Manage payroll operations for 1,000+ multi-state employees including processing multiple pay schedules, importing time data, calculating pay/deductions, reconciling W-2s, supporting audits, preparing GL entries, and coordinating with HR on hire/termination and complex payroll issues.
Summary Generated by Built In

We are seeking a detail-oriented and experienced Payroll Specialist to join our team. This role is ideal for someone who thrives in a fast-paced environment and is passionate about ensuring accurate and timely payroll processing for a large, multi-state workforce.

Responsibilities

About the Role:

As a Payroll Specialist, you will be responsible for managing and executing payroll operations for 1,000+ employees across multiple states. Your key responsibilities will include:

  • Processing weekly, biweekly, or semimonthly payrolls in compliance with company policies and regulatory requirements.
  • Importing hours from time and production records to administer paychecks.
  • Calculating gross pay, deductions, withholdings, and net pay using established procedures.
  • Distributing payroll reports and checks to field offices.
  • Auditing data exchanged between HRIS and payroll systems.
  • Supporting periodic and annual payroll audits (e.g., BLS, MWR, Workers Compensation).
  • Ensuring timely processing of new hire and termination paperwork.
  • Validating direct deposit setups, withholdings, and deductions.
  • Coordinating with HR to resolve complex payroll issues.
  • Assisting with special payrolls and reporting needs.
  • Preparing general ledger entries and communicating payroll data to relevant units.
  • Supporting payroll tax audits and managing areas such as unions, garnishments, taxes, and banking relationships.

Sift Timings: 6:00 PM - 3:00 AM OR 7:00 PM - 4:00 AM
Work Mode: Hybrid (Thrice a Week)

About You:

  • A high school diploma (bachelor’s degree preferred).
  • 4–7 years of professional payroll experience, including extensive W2 reconciliation.
  • Proven experience handling payroll for 1,000+ employees.
  • Strong knowledge of multi-state payroll and union payroll processing.
  • Proficiency in payroll systems; experience with cloud-based platforms like Oracle or Workday is a plus.
  • Advanced Microsoft Excel skills.
  • Strong verbal and written communication abilities.
  • A solid understanding of payroll regulations and audit processes.
  • Attention to detail, integrity, and the ability to work independently under supervision.

Skills Required

  • High school diploma
  • Bachelor's degree
  • 4-7 years professional payroll experience including extensive W-2 reconciliation
  • Proven experience handling payroll for 1,000+ employees
  • Strong knowledge of multi-state payroll processing
  • Experience with union payroll processing
  • Proficiency in payroll systems
  • Experience with cloud-based payroll platforms such as Oracle or Workday
  • Advanced Microsoft Excel skills
  • Strong verbal and written communication skills
  • Solid understanding of payroll regulations and audit processes
  • Attention to detail, integrity, and ability to work independently
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The Company
HQ: New York, NY
1,857 Employees
Year Founded: 1945

What We Do

Cantor Fitzgerald is a leading global financial services firm, serving clients from over 30 offices around the world. Founded in 1945 as a securities brokerage and investment bank, the firm pioneered computer-based bond trading, built one of the broadest distribution networks in the industry and became the market’s premier dealer of government securities. Today, Cantor Fitzgerald is known for its strength across a diverse array of businesses, including equity and fixed income capital markets, investment banking, commercial real estate finance and services, prime brokerage, asset management and wealth management, and e-commerce and online ventures. In all its businesses, the firm is an acknowledged leader in developing advanced technologies to expand market access, and help clients achieve their most important financial and strategic objectives. This commitment to client-centered innovation has led to enduring relationships with many of the world’s most demanding institutional investors and corporations. For more information please visit www.cantor.com.

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