Associate - Payroll & Compensation

Location

Mumbai | India

Job description

Education: Bachelor s or Master s degree in Finance / Business / Accounting / Human Resources or equivalent

Experience : 4+ years

Position Requirements:

• 4+ years of experience in payroll administration
• Proficiency in payroll and timekeeping software, such as ADP , or similar tools
• Familiarity with relevant tax, payroll, and employment laws and policies
• Strong written and verbal communication skills
• Excellent analytical and mathematical skills
• Strong analytical and problem-solving skills
• Proficient with Microsoft Excel and Microsoft Office Suite
• Excellent organizational skills and attention to detail

Role & Responsibilities:

• Process the entire payroll, and performing other compensation-related tasks
• Calculate payroll deductions and file tax forms in a timely and accurate manner to ensure all employees are paid fairly and on time
• Calculate monthly salaries, record withholdings, and file payroll tax returns for the company
• Keep up-to-date with applicable tax and compensation regulations to ensure legal compliance
• Administer payroll transactions concerning benefits, such as FSA, life insurance, and retirement fund contributions
• Educate employees on their salary, benefits, and payroll deductions, respond to their inquiries, and help them file income tax returns
• Enter and update payroll and employee data in payroll software to store records, bonuses, and increments
• Assist in preparing benefits packages by calculating overtime and tracking leaves and attendance

Job tags

Salary