Nway Technologies

1 month ago

Indore, India Nway Technologies Pvt Ltd Full time

Department: Support

Qualification: Master's degree in related field

Position: Subject Matter Expert - Payroll

Experience: 5 years - 9 years

Location: Indore

Roles & Responsibilities :

- Manage end-to-end payroll processing, including collecting, calculating and inputting payroll data for all employees.

- Ensure accuracy and compliance with applicable laws, regulations and company policies while processing payroll.

- Administer and maintain payroll systems, ensure data integrity and implement system upgrades and enhancements.

- Collaborate with HR, finance and other departments to gather and validate payroll information .

- Monitor and resolve payroll discrepancies, investigating and resolving issues promptly and accurately.

- Generate payroll reports, including tax filings, benefits deductions and other required reports, ensuring compliance with regulatory requirements.

- Address employee inquiries and concerns related to payroll, providing exceptional customer service and support.

- Maintain confidentiality and data security standards for all payroll-related information.

- Stay updated on payroll regulations, Indian tax laws and industry trends, implementing necessary changes to ensure compliance and best Relevant professional certification in payroll management, such as Certified Payroll Professional (CPP).

- Knowledge of multi-state payroll processing and Indian tax regulations, including TDS, GST and income tax provisions.

- Familiarity with payroll-related aspects of Indian labor laws, such as the Employees' Provident Fund (EPF) Act, the Employees' State Insurance (ESI) Act and the Professional Tax Act.

- Familiarity with HRIS (Human Resources Information Systems) and time and attendance systems.

- Strong understanding of accounting principles and practices related to payroll.

- Ability to adapt to changing payroll regulations and implement necessary updates

(ref:iimjobs.com)

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