Payroll & Administration Specialist
Location
Bangalore | India
Job description
Job Title
Payroll & Administration Specialist
Payroll - Candidate should have in-depth knowledge of payroll and statutory compliance
- Ensuring all payroll transactions are processed efficiently with zero errors
- Support daily/monthly/quarterly salary reconciliations and tax filing requirements, including year-end reporting, FORM 16, Payment summary, etc
- Compiling summaries of earnings, taxes, deductions, leave, disability, and non-taxable wages and reporting on this
- Supports audits of payroll and employment tax data before payroll completion while following all established controls
- Respond to payroll related inquiries from employees and/or key stakeholders
- Manage the full & final settlement for left/terminated employees.
- Interacts with suppliers and Vendors / Consultants / Govt. or labor officials as per requirement
- Manage vendors and system providers including compliance with service level agreements and their payments
- Supports department by conducting high quality analysis, issues recommendations and contributing to planning, as required.
- Verify and maintain compliance with government payroll/tax requirements
- Keep abreast of the India's current and changing payroll and employment tax laws.
- Review and audit current processes to ensure compliance, while recommending and implementing changes where required
- Having APAC payroll experience will be an added advantage
Insurance - Manage insurance portfolio (GMC, GPA and GTLI) end to end from renewals to year end activities
- POC for insurance partners and employee
- Responsible for monthly employee additions and deletions from data base
- Responsible for insurance payments and any audit
Compensation - Take part in market surveys and be the POC for market data
- Support in compensation review cycle for the company
Requirement - Masters degree with 9+ years of work experience in payroll-related operations, with a minimum of 5 years of payroll and employment tax experience in a large, IT/ITES organization and 3+ years in compensation management
- Ability to work in a fast-paced, agile environment
- Demonstrated ability to hold information confidential with excellent judgment
- Solid understanding of payroll operations, payroll tax, associated principles and compliance requirements
- Intermediate to advanced analytical skillset, including the use of Excel
- Good interpersonal, oral and written communication skills
- Demonstrated ability to work in a team environment
- Experience with Workday system highly preferred
Diversity & Inclusion We are an Equal Opportunity Employer and seek to hire the best candidate regardless of age, beliefs, disability, ethnicity, gender or sexual orientation.
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