Executive - India Payroll Gsc's

1 week ago

Hyderabad, Telangana, India HSBC Full time

Business:
India
Payroll

Open positions:1

Role Title:
Executive - India Payroll GSC'S

Global Career Band:8

Location _(Country / City )_**:Hyderabad

What you'll do:

  • Manage centralized inhouse payroll operations for over 25000 plus employees located at different cities in India
  • Thorough working knowledge on India Payroll statutory management i.e. PF, ESIC, PT, IT, Statutory Bonus, Gratuity, EDLI etc.
  • Reviews and analyzes current payroll, benefits and tax procedures in order to proactively identify, recommend and implement changes that lead to improvement opportunities.
  • Assists in the operation of the Payroll section to ensure all transactions are processed within organizational timescales and procedures.
  • Ensure to reconcile and effectively control the accounts affecting Payroll on a monthly basis & preparing necessary provisions for foreseeable payments
  • Ensure that staff queries are addressed and resolved in a timely manner reflecting the high level of customer service expected from Payroll Staff.
  • Maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulator
  • Implementation of Group Compliance Policy as applicable to the role
  • Keeping a proactive approach to problem solving & securing outcomes that are in agreement with the bank's policy
  • Provide service to customers by focusing on resolving requests efficiently, accurately, and professionally
  • Identify and escalate potential showstoppers.
  • Issues / problems are effectively investigated and resolved or are appropriately referred with recommendations
  • Contribute to the team effectively and manage for value at all times.
  • Participate in development of cohesive teams and support achievement of team objectives.
  • Exhibit ownership of the business.
  • Perform fullcycle processing using an integrated HRIS / Payroll system, including processing and maintenance of pay earnings and deductions, offcycle processing, disbursement of payments, generation and distribution of reports to key stake holders, and maintenance of paper and electronic records
Requirements

What you will need to succeed in the role:

years' experience in managing India Payroll operations in an In-house model

  • Experience in managing payroll for a multinational, multisite employer (5,000+ employees)
  • Accuracy and detail oriented, able to quickly spot errors in data and respond with clarification and explanation
  • Good interpersonal and communication skills (Verbal & Written)
  • Time management and ability to meet deadlines
  • Knowledge of and experience in planning and organizing techniques
  • Customer focused, a "cando" attitude, independent and proactive
  • Team Player across immediate team, client and across HR function.
  • Ability to process administrative tasks and manage own responsibilities with mínimal supervision
  • Proficient user of Microsoft Office (including Word, Exceladvanced user to include pivot tables and formula functions)
  • Skilled in producing reports with Excel
  • Ability to learn quickly and transfer knowledge appropriately
  • Knowledge of and experience in problem solving techniques
  • Ability to perform in highpressure environment should be effective in a flexible work environment.
  • Ability to adapt to a fast paced continually changing and deadlinedriven business and work environment while managing multiple priorities

You'll achieve more at HSBC

Issued By HSBC Electronic Data Processing (India) Private LTD

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