Professional- Payroll Specialist

2 weeks ago

Karnal, India Acuity Knowledge Partners Full time

Acuity Knowledge Partners Acuity Knowledge Partners (Acuity) is a leading provider of bespoke research, analytics and technology solutions to the financial services sector, including asset managers, corporate and investment banks, private equity and venture capital firms, hedge funds and consulting firms. Its global network of over 6,000 analysts and industry experts, combined with proprietary technology, supports more than 600 financial institutions and consulting companies to operate more efficiently and unlock their human capital, driving revenue higher and transforming operations. Acuity is headquartered in London and operates from 10 locations worldwide. The company fosters a diverse, equitable and inclusive work environment, nurturing talent, regardless of race, gender, ethnicity or sexual orientation. Acuity was established as a separate business from Moodys Corporation in 2019, following its acquisition by Equistone Partners Europe (Equistone). In January 2023, funds advised by global private equity firm Permira acquired a majority stake in the business from Equistone, which remains invested as a minority shareholder. For more information, visit Job Purpose The Payroll professional is responsible for ensuring accurate and timely processing of employee payroll, maintaining payroll records, Accounting, payroll GL reconciliation, Payroll Audit handling, and ensuring compliance with federal, state, and local payroll laws. This role requires excellent attention to detail, a high degree of confidentiality, and familiarity with accounting systems. Key Responsibilites : - Process semi-monthly, or monthly payroll runs for all employees, experience of End-to-end India Payroll operations, other countries experience would be an added advantage - Maintain and update employee payroll records, including new hires, Exits, terminations, bonuses, deductions, and benefits. - Ensure compliance with local, state, and federal payroll regulations. - Prepare payroll schedules for internal and external stakeholders. - Respond to payroll-related inquiries from employees. - Payroll accounting in a timely manner. - Reconcile payroll accounts and resolve discrepancies. - Collaborate with HR and Finance teams to ensure alignment in employee compensation and benefits. - Handle payroll audits and coordinate with external auditors if necessary. - File payroll tax reports and ensure timely tax payments. Interpersonal skills: - Excellent team player as well as a good communicator, - Able to work well under pressure and meet tight and the ability to be able to problem solve, - Must be proficient in Microsoft Office. - Having working knowledge in ERP accounting system - Ability to handle confidential information with integrity, Educational qualifications: - 5 to 7 years of experience in similar profile - Bachelor’s degree in accounting & MBA Finance or a related field (or equivalent experience).

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