Location
Gurgaon | India
Job description
With a startup spirit and 115,000+ curious and courageous minds, we have the expertise to go deep with the world&rsquos biggest brands&mdashand we have fun doing it. We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We&rsquore harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people. Now, we&rsquore calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing., People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower. Welcome to the relentless pursuit of better.
We are inviting applications for the role of Management Trainee, Payroll
In this role, you will be responsible to prepare all the required document, calculations and inputs to ensure all payrolls (about 70) are processed on time and accurately. This individual must possess a strong working knowledge of Labor Law, Payroll Taxes and Compliance and State Tax Withholdings and Compliance to ensure all process adhere to regulatory guidance. This individual is expected to execute the payroll and bonus process at a granular level, find opportunities for process improvement, and support the Payroll Manger to implement change over time. As the primary interface between the payroll team, HR, Tax, Shareholder Services and Bridgewater&rsquos internal clients, this role requires excellent communication ability and as well as customer service orientation.
Responsibilities
- Perform document reviews, calculations and entries required for all payrolls timely and accurately
- Perform document reviews, calculations and execute entries for all payrolls to ensure compliance with regulatory requirements
- Perform document reviews, calculations and execute entries for all payrolls in compliance with HR and Tax Policies
- Train new Payroll Processors
- Execute all work in adherence with all control requirements
- Execute on under the guidance of the Payroll Manger or Sr. Payroll Processor to the request and supply documentation to support audits (tax, Workmen&rsquos Compensation, ERISA/5550, Finance Audits, etc.)
- Perform all entries and tasks under the direction of the Sr. Payroll Processor to Performance Bonus process and calculations including Termination pro-rated Bonuses
- Execute the documentation of the processes and procedures
- Provide strong customer service to the client and stakeholders with prompt response and problem resolution. Refer highly sensitive or complex issues promptly to the Sr. Payroll Processor and/or Payroll Manager
- Execute the metrics process providing key measures of performance and drivers
- Maintain the confidentiality of all the employee and compensation information
- Perform general ledger entries produced by the processes timely
- Perform Compensation Accruals timely and accurately and in accordance with policies
- Perform account reconciliation and roll-forwards for compensation related accounts as assigned by the Accounting Team
- Perform analytics and metrics related to compensation and bonus accounts activity and balances
- Perform tests to ensure the relevant systems are configured, maintained and have controls as designed to achieve the responsibilities of the Team
- Effectively execute on last minutes changes, requests and exceptions
- Operate in adherence to Genpact policies
- Perform reconciliation under the direction of the leadership of Federal and State Tax filings accurately and timely (Periodic payments, monthly, quarterly and annual filings)
- Execute in compliance with all jurisdictions and court ordered requests
- Execute prompt and accurate delivery of ad-hoc requests
- Provide accurate and timely reporting of relevant and accurate information for the China Payrolls and Tax filings under the direction of the Sr. Payroll Processor
- Perform all follow-ups for missing information required (manual timecards, overpayments, etc.)
- Calculate and enter the proper allocation of compensation and taxation in employee&rsquos worked-in-states under the direction of the Sr. Payroll Processor
- Find opportunities for automation, improvement and efficiency
Qualifications we seek in you
Minimum qualifications
- Relevant years of experience in Payroll Domain.
- B.Com, M.Com, MBA, CA, CPA.
- Proficient knowledge of CT Labor Laws, Federal & State tax withholding requirements, and Federal Payroll Tax filing requirements.
- Proficient knowledge of HR policies.
- Working knowledge with Accounting Policies relating to compensation accruals, period expense recognition, Short-Term and Long Term classification of assets and liabilities, account reconciliations, roll-forwards and analytics.
- Proficient knowledge of Workday, ADP and Service Now systems.
- Working knowledge of Executive and Equity Compensation.
- Proficient in MS Office applications, especially in Advanced MS-excel knowledge.
- Excellent verbal communication, Interpersonal, Analytical Skills & highly proactive in approach.
Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit Follow us on Twitter, Facebook, LinkedIn, and YouTube.
Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a %27starter kit,%27 paying to apply, or purchasing equipment or training.
Job tags
Salary
