Senior Payroll Analyst (6-8 yrs)

Designation: Senior Analyst - Payroll.

Location: Pune.

Exp: 4.6 yr to 8 yrs.

Work model: Hybrid/ WFO - 3 days a week.

Shift Timings:- 10:30 am to 7:30 pm.

About Us:

Principal, Pune is a Global In-house Center, dedicated to support Principal Financial Group to achieve our common purpose of empowering and enabling our customers across the globe to protect and advance their financial well-being through retirement, insurance and asset management solutions that fit their lives.

We embarked on an inspiring journey of more than a decade in the year 2006.

Our continued focus to take our services to the next level of providing solutions, is reinforced further with the stimulating results and a clear strategic direction.

We are proud to have the mix of right talents dedicated to drive us to become center of excellence in delivering quality, innovation and strategic value.

Education:

Graduation + MBA (preferred).

Required Skills/Experience:

- Experience in European payroll.

- Candidate should have experience in handling multiple country payroll.

- Good communication.

PFB JD:

- Administer end-to-end EMEA/Sweden/Italy/Luxembourg/Portugal payroll processing, ensuring accuracy and compliance with payroll regulations.

- In dept knowledge of - Payroll Country specific Compliances.

- Maintain and update employee records, including salary, tax, and benefit information.

- Handle payroll-related inquiries and resolve any discrepancies in a timely manner.

- Ensure timely and accurate processing of statutory payments, deductions, and other payroll adjustments.

- Prepare and submit payroll reports to management.

- Collaborate with HR and finance teams to address payroll-related issues and streamline processes.

- Process new hires, terminations, and changes in employee status, ensuring correct payroll adjustments.

- Manage and administer employee benefits such as pensions, healthcare, and other deductions.

- Ensure accurate calculation and processing of statutory and voluntary deductions.

- Reconcile payroll reports with financial statements and resolve discrepancies.

- Conduct regular audits of payroll data to ensure accuracy and compliance.

- Co-ordinate with ADP (Payroll vendor) to run payroll (In depth knowledge is mandatory).

- Ability to handle sensitive information with discretion.

- Additional as advantage: Strong attention to detail, with a focus on accuracy and meeting deadlines; Strong in Excel (data analysis, reporting, and payroll calculations); Experience on Oracle HCM/ADP E-time (Kronos) and ADP Celergo.