Justdial - Lead - Payroll
Found in: Talent IN 2A C2 - 2 weeks ago
Key job responsibilities:
- Contributes to the strategic direction of the company based on internal and industry knowledge
- Responsible for developing and communicating team or department vision and goal
- Build and monitor a consolidated Payroll Operations annual operating plan to forecast headcount needs with detailed analysis of budget to actual results on a monthly and quarterly basis
- Partner with external stakeholders HR, Accounting, Treasury (external to the Payroll department)
- Partner with internal stakeholders Compliance, Controllership, Payroll Transformation, Payroll Academy
- Responsible to develop and implement systems to support rapid growth. Performs autonomously and initiate and manages complex, departmental and/or cross- company work
- Build scalable processes to recruit, train, and develop business professionals to support business expansion
- Lead performance review processes with VPs, Directors, and senior leaders across functions in the region
BASIC QUALIFICATIONS:
- Core knowledge of SAP.
- 7+ years of relevant experience in operations, payroll, or related finance fields
- Strong communication skills, both verbal and written
- Customer focus and professional demeanour
- Advanced experience with Excel and Outlook
- The ability to multitask and work autonomously.
- Ability to meet tight deadlines and efficiently interact with various groups across the company
- Coordinate with Payroll stakeholders (HR, Benefits, Compensations, Operations, Accounting, AP, AR)
- A background in Payroll Processing and Analysis
The role of a payroll manager is given below and involves various responsibilities related to managing the payroll function within an organization. Here is a more detailed breakdown of the roles and responsibilities of a payroll manager:
Payroll Processing:
- Collect and review time and attendance data, ensuring accuracy.
- Process payroll transactions, including min wages, overtime, bonuses, and deductions.
- Verify and reconcile payroll data to ensure accuracy before processing.
- Paysheet generation using SAP
- Payslip Stay updated on federal, state, and local labor laws, and compliance requirements.
- Ensure that payroll practices align with legal and regulatory standards.
- Prepare and submit accurate payroll related reports.
Recordkeeping:
- Maintain and update payroll records, including employee details, compensation, and Professional tax information.
- Ensure proper documentation and filing of payroll records for audit purposes.
Technology and Systems:
- Oversee the implementation and enhancement of payroll systems.
- Ensure integration with other HR and finance systems.
- Stay informed about advancements in payroll technology and recommend system improvements.
Communication:
- Address employee queries related to payroll and benefits.
- Provide clear and timely communication regarding payroll policies and procedures.
- Collaborate with HR and finance departments for effective information flow.
Policy Development:
- Ensure that payroll practices are in line with the organization's overall policies and goals.
- Communicate changes in policies to relevant stakeholders.
Audit and Compliance:
- Conduct regular internal audits to identify discrepancies and ensure compliance.
- Assist in external audits conducted by regulatory bodies.
- Implement corrective measures based on audit findings.
Full and final settlement:
- Review and verify the employee's resignation and termination details.
- Confirm that all necessary approvals for the separation are in place.
- Calculate the final payout for the employee, including salary for the notice period (if applicable), gratuity, bonuses, and any other pending dues.
- Ensure accuracy in calculating F&F, such as outstanding loans, advances, or other liabilities.
Problem Resolution:
- Investigate and resolve payroll discrepancies and errors.
- Address and resolve employee concerns or disputes related to payroll.
- Implement preventive measures to reduce errors in future payroll processing.
Training and Development:
- Stay updated on industry best practices and share knowledge with the team.
- Foster a culture of continuous learning within the payroll department.
Reporting:
- Generate and distribute regular and ad-hoc payroll reports to management.
- Provide financial and statistical information related to payroll for budgeting and decision-making purposes.
- Budgeting and Cost Analysis:
- Collaborate with finance departments to budget for payroll-related expenses.
- Analyze payroll costs and provide insights for cost-saving measures.
Collaboration:
- Work closely with branch HR, finance, and other departments to ensure seamless coordination of payroll-related activities.
- Collaborate with external vendors or consultants when necessary.
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