Nway Technologies - Subject Matter Expert - Payroll (5-9 yrs)

Department: Support

Qualification: Master's degree in related field

Position: Subject Matter Expert - Payroll

Experience: 5 years - 9 years

Location: Indore

Roles & Responsibilities :

- Manage end-to-end payroll processing, including collecting, calculating and inputting payroll data for all employees.

- Ensure accuracy and compliance with applicable laws, regulations and company policies while processing payroll.

- Administer and maintain payroll systems, ensure data integrity and implement system upgrades and enhancements.

- Collaborate with HR, finance and other departments to gather and validate payroll information .

- Monitor and resolve payroll discrepancies, investigating and resolving issues promptly and accurately.

- Generate payroll reports, including tax filings, benefits deductions and other required reports, ensuring compliance with regulatory requirements.

- Address employee inquiries and concerns related to payroll, providing exceptional customer service and support.

- Maintain confidentiality and data security standards for all payroll-related information.

- Stay updated on payroll regulations, Indian tax laws and industry trends, implementing necessary changes to ensure compliance and best practices.

Requirement:

- Relevant professional certification in payroll management, such as Certified Payroll Professional (CPP).

- Knowledge of multi-state payroll processing and Indian tax regulations, including TDS, GST and income tax provisions.

- Familiarity with payroll-related aspects of Indian labor laws, such as the Employees' Provident Fund (EPF) Act, the Employees' State Insurance (ESI) Act and the Professional Tax Act.

- Familiarity with HRIS (Human Resources Information Systems) and time and attendance systems.

- Strong understanding of accounting principles and practices related to payroll.

- Ability to adapt to changing payroll regulations and implement necessary updates