Assistant Manager EXL/AM/1483418

3 weeks ago

Noida, India exl Full time

Job Description

Role Summary
 The Executive is responsible for supporting payroll-related payment operations, ensuring timely and accurate disbursement of salaries, statutory payments, and other employee-related funds in collaboration with internal teams and third-party providers.

Key Responsibilities

Assist in processing payroll payments and fund transfers to employees and statutory bodies as per agreed timelines. Validate payment files and ensure proper authorization before initiating transactions. Coordinate with banks and internal finance teams to resolve payment-related queries or discrepancies. Perform basic reconciliations of payroll accounts and escalate mismatches for resolution. Ensure compliance with internal control processes, company policies, and regulatory requirements during payroll disbursement. Support month-end closing activities by preparing reports on payroll payment status. Maintain accurate records of payment transactions for audit and compliance purposes.

Skills & Experience

0-2 years of experience in payroll operations or banking & payments, preferably in a shared service/BPO environment. Basic knowledge of payroll processes and banking/payment systems. Familiarity with ERP systems (SAP, Oracle, Workday) is an advantage. Strong attention to detail and ability to work with sensitive employee data. Proficiency in MS Excel for data validation and reporting.

Education

Bachelor’s degree in Commerce, Finance, or Accounting.

2. Payroll Operations – Assistant Manager – B1

Role Summary
 The Assistant Manager will oversee payroll payment operations ensuring accurate and timely processing of salary disbursements, statutory contributions, and other employee-related fund transfers. The role includes managing stakeholder relationships and driving process improvements within payroll payment workflows.

Key Responsibilities

Lead payroll payment operations and ensure timely transfer of funds for salaries, benefits, and statutory payments. Review and approve payment files ensuring adherence to authorization protocols and control frameworks. Liaise with internal finance teams, HR, banks, and third-party providers to resolve complex payroll payment issues. Perform detailed reconciliations of payroll-related accounts and address exceptions promptly. Ensure compliance with statutory and regulatory requirements related to payroll payments. Provide guidance and training to junior team members on payroll payment processes. Support audits and implement remediation plans for any identified gaps in payroll payment controls. Drive process standardization and identify opportunities for automation within payroll banking operations.

Skills & Experience

5-7 years of experience in payroll operations with at least 2 years in a supervisory role, preferably in an outsourcing or shared services setup. Strong understanding of payroll payment processes, statutory regulations, and banking workflows. Hands-on experience with ERP systems (SAP, Oracle, Workday) and payment platforms. Excellent problem-solving skills and ability to manage escalations effectively. Strong communication and stakeholder management skills.

Education

Bachelor’s degree in Commerce, Finance, or Accounting. Professional certifications (e.g., ACCA, CA, CIMA) are an added advantage.

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