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sr. payroll analyst i

1 month ago

Hyderabad, Telangana, India Micron Full time

Our vision is to transform how the world uses information to enrich life for all.

Micron Technology is a world leader in innovating memory and storage solutions that accelerate the transformation of information into intelligence, inspiring the world to learn, communicate and advance faster than ever.

JR53045 SR. PAYROLL ANALYST I

Payroll Analyst (INDIA)

Job Description

We are looking for a high energy and passionate payroll professional, with strong teamwork spirit and integrity to join us as experienced Payroll Analyst, India.

You will be accountable for Payroll operations mainly for India, with opportunities to learn about South Asia countries' payroll process in future. Also, you will be an individual contributor and support the team in delivering payroll services that are compliant to local statutory regulations, controls, and company policies.

Functional Roles and Responsibility

1. Responsible for ensuring that India payroll entities are processed accurately and timely by the outsourced payroll vendor every month.

2. Responsible for ensuring tax and provident fund contributions are paid according to statutory requirements and timelines

3. Work with Customer Service team, Employee Relations team and Finance for amount owing by employees

4. Participate actively in regular Payroll Operation meetings and provide feedback to team for continuous improvement of payroll processes

5. Processing of Time off, leave and vacation pay out for terminated employees

6. Validation of new hire's Master data on weekly basis and ensure input reach Payroll Vendor on timely basis

7. Update monthly payroll metrics at Share point

8. Work closely within Finance team for all the statutory related payments like, Gratuity, TDS, and Tax filings as per cutoff

9. Review taxability report - any taxable items for payroll process

10. Perform Salary Reconciliations for Output received from Payroll Vendor for 100% accuracy and give the clearances

11. Have regular meetings with payroll vendor to review payroll service and resolve any gap

12. Coordinating with HR team for payroll related on-boarding docs to run the payroll on time

13. Create the Bank encrypted files and sharing to Vendor for payment upload to bank portal

14. Communicate and update Leaders and employees on payroll related activities

15. Address employees' queries through case management tool (ServiceNow) and emails.

16. Responsible for providing monthly Payroll fund forecast to Treasury department.

17. Support on any ad hoc projects or payroll related work that may arise from time to time

Education

Minimum Degree or equivalent.

Business, Finance, Human Resource Management, Tax & Accounting

Experience

Minimum of 5 years of India Payroll experience (in-house and/or outsourced model)

Strong knowledge in local labor and taxation laws

Experience in payroll transformation projects and implementation.

Experience in Work Day and ServiceNow will be advantageous.