Payroll Accountant

Location

India | India

Job description

Key Performance Areas

• Collect and verify employee time records, attendance, and other relevant data for payroll processing.
• Calculate wages, salaries, bonuses, and deductions accurately.
• Prepare and distribute pay checks or initiate direct deposits on time.
• Generate and send invoices to clients or customers accurately and in a timely manner.
• Review invoices for accuracy, including pricing, terms, and payment details.
• Follow up on overdue payments and resolve billing discrepancies.
• Maintain accurate and organized payroll records, including employee earnings, deductions, and tax information.
• Respond to employee inquiries and requests related to payroll.
• Prepare regular reports on payroll expenses, tax liabilities, and invoicing activities.
• Analyse financial data to provide insights and support decision-making.
• Ensure payroll taxes, including income tax and social security contributions, are calculated and withheld correctly.
• Prepare and submit payroll tax reports to relevant authorities on schedule.
• Ensure compliance with payroll regulations, labor laws, and tax codes.
• Stay up-to-date with changes in payroll and invoicing regulations.
• Address all customer inquiries and concerns related to invoicing and billing professionally and promptly.
• Collaborate with the sales and customer service teams to resolve issues.
• Utilize payroll and accounting software (RAMCO) to process payroll and manage invoicing.
• Help implement software updates and improvements.
• Identify opportunities to streamline payroll and invoicing processes and enhance efficiency.
• Implement best practices and automation tools to improve workflow.

Job tags

Salary