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HR Payroll Specialist - BFSI (6-12 yrs)

6-12 years

HR Payroll Specialist - BFSI (6-12 yrs)

HiPotz

posted 1mon ago

Job Role Insights

Job Description

- Review /Approve Payroll Input Files, coordinate /follow up with stakeholders & vendors, ensure file correction and ensure correct file is loaded in Payroll

- Ensure Inputs Consolidation with various entities/ Conversion (if needed)/ Uploading - includes corrections of errors and coordination with the businesses

- Ensure timely and accurate execution of payroll & statutory compliance, 100% align both local and global compliance

- Coordinate Payroll Audits

- Closely work with vendor to administer PF transfers

- Monitors SLA's on queries coming in from Employees and Finance

- Responsible for providing inputs to the finance for payroll accounting on a monthly basis

- ESOP administration and management

- Responsible for handling queries in relation to ESOP taxation and perquisite valuation

- Responsible for tracking /preparing monthly Payroll Metrics

- Drive vendor delivery per SLA and manage vendor performance through centralization & simplification

- Handle escalations around Accounts Reconciliation / Posting Process

- Support any initiatives that require Payroll's Subject Matter Expertise or involvement (including Change Requests)

- Review as-is process, identify & lead improvement plan by implementing lean methodology, drive operation excellence

- Manage and Coordinate with Vendor for PF / ESI / LWF enrolment, Shops & Establishments and payments in compliance to the local Labor Law provisions.

- Should have sound knowledge on mobility payroll.

- Develop best practices and process improvements

- Provide effective and timely resolution to queries from employees and other stakeholders

- Understands business hierarchy, analyze data issues and provide support to the user population and support the region on all payroll related requirements

- Ability to work with various stakeholders who manage other downstream systems, especially OHR/ HR Ops tools etc.

- Manage stakeholder's expectations effectively across functions

- Manage & guide the team to execute seamless operation.

Required Skills & Experience

- 6 to 10 years of relevant experience in HR Operations and Payroll.

- Hands - on experience on Zoho is must

- Relevant degree in Bachelors.

- Strong interpersonal or collaboration skills.

- Extremely detail-oriented with exceptional organisational skills.

- Excellent communication skills both written and verbal.

- Strong MS office knowledge


Functional Areas: Other

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