Payroll Operations Associate

About this role Your team The Global Payroll & Employment Tax function is responsible for accurate payroll processing and tax compliance for BlackRock’s global employee population. The team partners with internal stakeholders and external providers to maintain compliance with relevant regulations, deliver high-quality service to colleagues, strengthen operational controls, and continuously improve payroll processes. Your role and impact As an Associate in Europe, Middle East and Africa (EMEA) Payroll Operations, you will manage payroll operations for assigned countries across the region. You will apply your knowledge of regional payroll processes, employment taxes, and regulatory requirements to help deliver accurate, compliant, and timely payroll outcomes. You will work closely with external payroll vendors and internal stakeholders, with a focus on effective controls, operational risk management, employee service, and continuous improvement. Your analytical and problem-solving capabilities will help the team identify recurring issues, strengthen processes, and improve the payroll experience for employees. Your responsibilities In every role at BlackRock, you'll be expected to apply sound judgement and critical thinking to solve complex problems, adapt as the business evolves, and combine the curiosity to explore new approaches and technologies with the rigor to challenge the results. The scope of this role also includes the following responsibilities: Perform monthly payroll controls for assigned countries, supporting accurate and timely payroll processing in accordance with established standards. Manage relationships with payroll vendors, including service delivery, issue tracking and resolution, performance reviews, and the identification of operational improvements. Deliver high-quality support to employees and collaborate with internal stakeholders to align payroll processes, timelines, and information requirements. Support payroll-related audits and maintain compliance with applicable internal control requirements, including the Sarbanes-Oxley (SOX) control framework. Partner with the Compensation Accounting team to support payroll account reconciliations and the timely resolution of discrepancies. Contribute to departmental initiatives and identify continuous improvement opportunities that strengthen controls, streamline processes, and reduce operational risk. Your experience Relevant EMEA payroll experience, including knowledge of employment and withholding tax requirements, tax filings, policies, and regulations. Knowledge of compensation accounting and internal controls, with a risk-management mindset and focus on reducing operational risk. Strong vendor-management, stakeholder-management, and client-service capabilities, with the ability to build effective working relationships across functions. Strong analytical and problem-solving skills, attention to detail, and the ability to identify and develop practical process improvements. Ability to manage competing priorities and deadlines in a fast-paced environment while adapting to change and collaborating effectively across teams. Strong Microsoft Excel skills; familiarity with Workday is advantageous. Financial services experience, a bachelor’s degree, and a recognized payroll qualification are preferred. The salary range for Hungary is 11200000 - 16400000 HUF Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance. Our benefits To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about. Our hybrid work model BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock. Guidance on AI use for candidates At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self. About BlackRock At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress. This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive. To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok. BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.