Terence B. Sy

Email: ad3w2u@r.postjobfree.com / 917-***-****

PROFESSIONAL EXPERIENCE

DWS Investment Management Americas, Inc., New York, NY (Deutsche Bank AG Asset Management) June 2022 – Present

Senior HR Relationship Manager / Payroll Manager-Lead – Vice President

Primary Payroll-HRIS Systems utilized: Ceridian DayForce and ADP Enterprise/Reporting (Payroll) / Workday (HRIS/HCM)

Responsible for managing/processing Semi-monthly and off-cycle payroll cycles for US Multi-state, Canada, Germany and the UK

o8,500 – Deutsche Bank (Parent Company - 14 Entities) / 800 – DWS Group (Asset Management - 3 Entities)

Data Management of Daily HRIS/Benefits/Payroll Integration-Interface processes per payroll cycle

Semi-monthly Payroll Analysis in parallel reconciliation with payroll registers to validate and confirm various payroll transactions.

Payroll General Ledger generation with Payroll Governance Team for accounting journal entries per Semi-monthly Payroll

ACH wire fundings for Net Payroll, Taxes, 401K, PAC

Interactive collaboration with Global Rewards/HR Compensation, Advisory, Onboarding, Benefits, Legal and Global Mobility teams as integral components of upstream and downstream HR/Payroll operations.

Interactive collaboration in with Payroll Governance to review, research and resolve Federal and Multi-state tax issues

Execution of Internal and External Audit requests for testing and overall operations assessment

Daily monitoring of Payroll/HR/Benefits Online Help Cases for organized team assignment distributions, investigations-resolutions

Hands-on overall operations approach to improve processes, internal controls and Sox Compliance

Successful new US Payroll System project completion/implementation to replace ADP with Ceridian effective January 2024

Successful Global collaboration to upgrade/enhance HR Connect/Help online (Americas, EMEA, APAC) effective September 2023

NYU Langone Health System, New York, NY January 2020 – July 2022

Payroll Finance Manager – Data Management / Payroll – HCM – HRIS

Primary Payroll/HCM/HRIS Systems utilized: PeopleSoft (Oracle) / PeopleSoft Business Intelligence (PBI)

Responsible for Finance Data Management of Payroll/HCM/HRIS interface operations for multi-state/multi-payroll cycles (Bi-weekly/Weekly/Monthly/Retro/Off-cycle) for at least 50,000 employees

Responsible for Commitment Accounting - Payroll General Ledger and Journal Generation/Reconciliation Post-Payroll transmission to parallel compare, analyze and verify Payroll/HCM and Finance Data Integrity and Accuracy

Payroll Metrics Monthly Updates for all Payroll Production-related Operations

Monthly execution of Salary Transfer process between Cost Centers for Grants and Non-Grants Salary Transfers

Involved in Grants/Non-Grants Salary Transfer upgrade from manual to online automated submission/approval process

Payroll/HCM/HRIS UAT Team Leader for Systems Codes Upgrades and Updates

Monitored Salesforce case logs related to Payroll/HCM/HRIS for interactive timely resolutions to pending cases

Nomura Holding America, Inc., New York, NY November 2010 – September 2019

Vice President – Payroll Manager / Payroll – HRIS

Primary Payroll-HRIS Systems utilized: ADP Payforce / ADP Reporting / Peoplesoft (Oracle) / Ultimate Software / Mitrefinch-Advance Systems TMS (Time and Attendance)

Managed/Processed multi-state/multi-payroll cycles (Bi-weekly/Quarterly/Monthly/Annual/Off-cycle) for 3,000 employees

Managed/Processed Japan, Bermuda, Brazil, Canada monthly payrolls in liaison with their respective HR Mobility Teams

Prepared Payroll Reconciliation reports in parallel validation analysis with payroll registers before payroll finalization

Administered/Coordinated the HRIS/Benefits/Payroll Interface process per payroll cycle

Interactive involvement and cooperation with Internal and External Audit to conduct testing and assess overall operations

Involved in daily hands-on overall operations to improve processes, internal controls and Sox Compliance

Conducted weekly Payroll New Hire Orientation as primary payroll representative-speaker to new employees

Generated ADP Payroll General Ledger for accounting journal entries import to PeopleSoft-Oracle

Funded and initiated wire transfers for Net Payroll, Taxes, 401K, Non-qualified Plan and Transit per payroll cycle

Worked with the Benefits team during 401K Audits, True-ups and other 401K-related events

Worked with HR Compensation Advisory Teams on salary budgets, and Deferred Compensation (Stock/Equity) distributions

Payroll Database Implementation/Upgrade in coordination with HRIS/HRIT to conduct multiple phases of parallel testing

Researched/Resolved various Federal/State Withholding Tax issues with payroll tax service provider

Quarterly and Year-end W-2 Management Report audit/analysis prior to W-2 release

Prepared monthly payroll bank reconciliations

Overtime calculation and analysis for Non-exempt employees as needed

Bank of Tokyo-Mitsubishi UFJ, Ltd., New York, NY June 2010 – November 2010

Senior Banking Officer – Payroll / HRIS Specialist

Primary Payroll-HRIS System Software utilized: Ceridian Web

Prepared/Processed multi-state bi-weekly payroll for 2,000 employees

Prepared Bi-weekly Payroll Reconciliation Reports in parallel analysis with payroll registers prior to transmission

Prepared/Analyzed payroll accounting journal entries on a bi-weekly/monthly basis

Researched/Resolved prior year W-2, Federal and State Withholding tax issues

Responsible for 401K file maintenance and true-ups prior to payroll transmission and wire funding

L-3 Communications Corp., New York, NY May 2007 – June 2010

Payroll Manager – Accountant / HRIS Specialist

Primary Payroll and HRIS System Software utilized: Ceridian Source 500/550

Managed/Processed multi-state bi-weekly regular and stock options payrolls for up to 10,000 employees

Prepared/Maintained the Corporate Payroll Reconciliation Master (CPRM) report in parallel analysis to the payroll registers

Prepared/Analyzed payroll accounting journal entries per bi-weekly and out-of-sequence payroll cycles

Prepared Withholding/Unemployment reports in parallel analysis with internal reports. Prepared Salaries/Supplemental Payments Annual Report for TIP (Tax Information Package) for DCAA (Defense Contract Audit Agency) requirements

Quarterly and Year-end W-2 Management Report audit/analysis reconciliation prior to W-2 distribution

Administered/Maintained 401K and Employee Stock Purchase Plan (ESPP) vendor files for employee record updates

Researched/Resolved various Federal/State Withholding Tax issues with payroll tax service provider

Prepared monthly payroll bank reconciliations

DB Zwirn & Co., LP, New York, NY August 2006 – April 2007

Payroll Manager / HRIS Specialist

Primary Payroll and HRIS Systems utilized: ADP Pay eXpert

Managed/Processed semi-monthly payroll and Expatriate monthly international payroll for 15 countries

Frequent interdepartmental interactions with HR/Benefits, Accounting/Finance, Tax and Legal depts. to facilitate an improved overall streamlined/automated operations to establish structure and minimize redundancies

Prepared month-end General Ledger to generate journal entries including payroll tax reconciliation/analysis

Teamed with HR/Benefits to generate 401K reports for analysis/audit/true-ups prior to wire funding approvals

Teamed with Finance/Accounting, Tax, and Legal Depts. to open two subsidiary firms and setup payroll

Elaine P. Dine, Inc., New York, NY March 2006 – July 2006

Payroll Manager / HRIS Coordinator

Managed the bi-weekly payroll process for a 300+ consultant workforce

Coudert Brothers, LLP, New York, NY May 2001 – November 2005

Payroll Administrator – Accountant / HRIS Analyst

Primary Payroll and HRIS Systems utilized: Ceridian Source 500/550

Processed multi-state semi-monthly and monthly payroll cycles for 1,000 US and international employees

Prepared month-end General Ledger to generate journal entries

Funded and initiated wire transfers for Net Payroll, Taxes, 401K and Transit per payroll cycle

Frequent interdepartmental interactions with Accounting/Finance, Benefits, and Audit

Consistent interactions with internal/external auditors, banks and payroll vendor customer service/technical support

Assisted in various Payroll/HR/Benefits projects for overall automated streamlined operations

Administered/Maintained monthly Transit and Health Club enrollments, and Employee Gift Programs

Prepared census and earnings reports for the US Department of Labor.

EDUCATION

Pace University, New York, NY June 2001

Bachelor of Business Administration / Major: Public Accounting

TECHNOLOGY

ADP Software: Enterprise, PayForce, PCPW, Pay eXpert, ADP Reporting, Connection, ReportSmith

Ceridian Software: DayForce, Source 550/500, Ceridian Web

Ultimate Kronos Group Software UKG (Demo Training)

HRIS Systems: Workday, PeopleSoft / PBI, ADP, Ceridian, HR Spectrum, Oracle Fusion

Other Software: SAP, PAYCHEX, COMPUPAY, Solomon, Elite Enterprise, Peachtree, QuickBooks

Microsoft Office (Excel, Word, Outlook, PowerPoint)

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