Payroll Analyst

The Payroll Analyst is responsible to manage the India Payroll. Ensure payroll is processed with speed and accuracy. Work with employees and with third-party payroll vendors to ensure payroll processing reflects company-specific pay policies. Audits employee's pay records and reconcile totals by department, location. Coordinate third-party payroll system implementations and upgrades. Interpret pay policies (e.g.: leave encashment, government regulations, gratuity, withholding possible effects, international worker) and ensures appropriate amounts/ deductions are calculated and applied to the accounts correctly. Verify compliance with multiple payroll laws & regulations like PF, PT, ESIC; stay current with changes in the law. Need to assist with multiple audits like statutory audit, SOX, ICOFR. and be able to coordinate with vendors for any other payroll-related compliances. Documenting payroll processes and keeping it updated to date. Apart from core payroll knowledge, you have some exposure at least to one other aspect in accounting and finance: book closure or reporting (FPA) or general ledger or audit or taxation. Any international payroll exposure will be an added advantage.

Role & responsibilities

Handle independently the complete India payroll process

Completion the payroll process

Record monthly payroll entries, including accruals

Reconcile all payroll-related accounts monthly

Communication with employees about timelines and changes

Communication with payroll vendor

Ensure statutory compliance

Apart from payroll activities, you will also be able to work on one of the following: book closure, reporting, general ledger, or audit or taxation.

Reporting to the manager based in Pune

Preferred candidate profile

4+ years of experience in a payroll role for a service company/MNC.

Experience with payroll processes and procedures and payroll compliances, including not limited to employee withholding taxation.

Experience working with third-party payroll vendors is important.

Track record for meeting deadlines

Familiarity with the application of internal controls in a payroll process

Service-oriented with a collaborative approach toward problem-solving.

Proficient using Microsoft Excel

Some knowledge or experience in other accounting aspects

Qualifications Bachelor's degree in any stream, accounting would be a plus

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