Payroll Specialist for a Startup in Kalyani NagarPune

3 weeks ago


sany, India Seventh Contact Hiring Solutions Full time

Responsibilities: Payroll Processing: This involves calculatingwages salaries deductions and bonuses for employees based on theirtime records or contracts. Compliance: Staying updated with relevant taxlaws labor regulations and company policies to ensure payrollpractices remain compliant. Data Entry & Record Keeping: Inputtingemployee data including new hires terminations changes in salary& adjustments to benefits. Maintaining accurate records ofpayroll transactions. Also data transfer from time and attendancesystem to Payroll engine Benefits Administration: Overseeing employee benefits such ashealth insurance retirement plans and flexible spending accountsand ensuring they are accurately reflected inpayroll. Payroll TaxManagement: Calculating withholding & remitting payroll taxesto appropriate government agencies. This includes income tax Social SecurityMedicare & unemployment taxes. Reporting: Generating reports for managementaccounting and regulatory purposes. This may include payrollsummaries tax reports and audits. Problem Resolution: Addressing payrollrelatedinquiries and discrepancies from employees managers and externalstakeholders. SystemsManagement: Utilizing payroll software or systems to streamlineprocesses and improve efficiency. This may involve implementingupgrades troubleshooting issues and ensuring datasecurity. Communication:Collaborating with HR finance and other departments to ensurealignment on payrollrelated matters such as compensation changesbenefits enrollment and budget forecasting. Continuous Improvement: Identifyingopportunities to enhance payroll processes reduce errors andincrease accuracy through automation training or policyrefinement. Skills And AttributesFor Success: Goodunderstanding of payroll Income tax social security unionagreements for Asian and American region. Good at project management and stakeholdermanagement skills Service excellence customer orientation Comfortable with Microsoft Office suite ofproducts Goodunderstanding of payroll tools/technologies if needed the abilityto quickly adapt to a new tool. Requirements: 5 years of experience in internationalpayroll Experience ofimplementing payroll is an added advantage. Familiar with publishing monthly metrics andreporting Payroll/HR/Finance/Systems background with an understanding of thecore competencies of the payroll process Proven ability to work effectively either asan individual or member of a team and relate effectively with staffon all levels. Abilityto maintain confidentiality and handle sensitive information withdiscretion. Should holda bachelors degree in commerce or Tax. Effective communication (English) andinterpersonal skills

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