Account Executive

Job Summary:

The Account Executive - Payroll will be responsible for the accurate and timely processing of payroll for our organization. This role requires a strong understanding of accounting principles, proficiency in Tally and Excel, and the ability to work effectively with team members and external partners. The ideal candidate will have previous payroll experience and a commitment to the values and mission of Dr Reddys Foundation.

Role & responsibilities:

1. Payroll Processing:

• Accurately process payroll for all employees, including calculating wages, overtime, deductions, and withholdings.
• Utilize Tally and Excel to maintain payroll records and documentation.
• Ensure compliance with federal, state, and local payroll regulations.

2. Benefits Administration:

• Administer employee benefits, including health insurance, retirement plans, and other benefits programs.
• Ensure accurate deduction and contribution processes for benefits.

3. Tax Compliance:

• Prepare and submit payroll tax reports in accordance with regulatory requirements.
• Stay current with changes in tax regulations and make necessary adjustments to payroll processes.

4. Financial Reporting:

• Assist in the preparation of financial reports related to payroll and benefits.
• Reconcile payroll accounts and resolve discrepancies.

5. Documentation and Recordkeeping:

• Maintain organized payroll files using Tally and Excel.
• Respond to employee inquiries regarding payroll and benefits.

6. Collaboration:

• Collaborate with the HR team to ensure accurate employee data and compliance.
• Work with external vendors, such as payroll service providers, to manage payroll processes.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• 2-3 years of experience in accounting, with a focus on payroll administration.
• Proficiency in Tally and Excel.
• Strong knowledge of payroll regulations, tax laws, and compliance.
• Excellent attention to detail and organizational skills.
• Effective communication skills and the ability to work in a team.
• Discretion and the ability to handle sensitive employee information confidentially.

Benefits:

• Competitive salary commensurate with experience.
• Comprehensive benefits package, including health, dental, and retirement plans.
• Opportunities for professional development and growth.
• A collaborative and mission-driven work environment.