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Senior Payroll

4 months ago

new delhi, India Rooter.gg Full time

Role: Senior Payroll & Compliance Executive

Work Location: New Delhi (Onsite)


Job Description:

RESPONSIBILITIES:


● Payroll processing - working with Finance and payroll vendor to process the payroll timely, check and review payroll reports / time sheet, make journal entries for the monthly payroll. Ensure payroll withholding tax including stock (ESPP & RSU) is processed/reported and paid timely.Final payment to terminated/resigned employees is processed and made timely according to local requirement

● Payroll reporting - submit payroll reports on ESPP and eIP report timely to corporate

● PTO (leave) processing – working with payroll vendor to review and upload PTO files to the system

● Month end closing - ensure booking are closed properly and timely, and proper reconciliation of payroll accounts

● Remittance of LWF and Professional Tax and Submission of Monthly/Annual Returns to Department

● Provident Fund End to End processing – Allotting UAN, Seeding Aadhar, Preparing ECR, Filing IW1, Remittance of PF, Assist employees for PF Transfer and Withdrawals

● Tax – working with payroll vendor to ensure payroll and employee related tax, annual tax filing are done timely. Should generate Form-16 and embed digital signature

● Should manage NPS PRAN linking and fund transfer to PoP

● Audit - supporting the annual statutory audit by preparing schedule and local support.

● Controls and Procedure - ensuring proper systems and controls are in place, assist the APAC Controller to set up the process, procedures and policy etc

● Compliance - ensure conformity with all policies and procedures, internal controls and also applicable SOX 404 requirements

● Any ad hoc report or project as requested

● Maintaining all policies and procedures to be in compliance with local laws

● Onboard new employees and process terminations/resignations on payroll system for approvals

● Act as local statutory officer for payroll and labor laws

● Complete monthly payroll

● Submit payroll funding requirement to Treasury on timely manner

● Maintains accurate payroll files

● Prepare required payroll reports for G&A Accountants to complete payroll entries

● Prepare all other payroll reports as requested

● Assist in completion of required payroll related government reporting and audit request

● Assist in the completion of payroll budgets

● Assist HR and Accounting as required


JOB DUTIES

Payroll Management:

  • Oversee the payroll process, ensuring accurate and timely payment of salaries and benefits.
  • Manage payroll-related queries and resolve issues promptly.

Compliance:

  • Ensure adherence to relevant laws, regulations, and industry standards (e.g., tax laws, labor laws, and employment regulations).
  • Stay up-to-date with changes in legislation and implement necessary updates.

Taxation:

  • Manage tax compliance, including income tax, EPF, ESI, LWF, and other statutory deductions.
  • Ensure accurate and timely filing of tax returns.

Reporting and Analysis:

  • Prepare and submit reports to management on payroll and compliance matters.
  • Analyze data to identify trends and areas for improvement.

Audits and Inspections:

  • Coordinate with internal and external auditors during audits and inspections.
  • Ensure prompt resolution of any findings or recommendations.

Cross-Functional Payroll Collaboration :

  • Foster ongoing dialogue and strong relationships with essential partners such as the Hiring, Compensation & Benefits, HR, and Accounting teams to assess the implications across various functions and strategically align payroll operations.

Payroll Communication Strategy:

  • Formulate and execute strategic communication plans to keep employees updated on payroll processes and compliance requirements.



QUALIFICATIONS :

● Bachelor’s degree in Accounting, B. Com / CA qualification

● 3-5 years’ experience in managing Compliance/Payroll functions for minimum 100 employee’s organization

● Experience working with a multinational organization preferred

● Extensive knowledge of local labor and tax laws related to payroll

● Reporting experience of PF, EPF, Family Pension Scheme, EDLI and Income Tax

● Experience with ADP payroll

● Excellent communication - both written and verbally in English and local languages

● Attention to details

● Problem solving and good analytical skills

● Must be flexible to manage work schedule in different time zones

● Advanced level Excel skills preferred


Employee Benefits:

  • Health Insurance: We offer comprehensive health insurance coverage to ensure our employees have access to quality healthcare when they need it most.
  • Gratuity: We believe in recognizing the hard work and dedication of our employees. That's why we provide gratuity benefits to show our appreciation for their contributions.
  • Hybrid Work Model: Embracing flexibility, we offer a hybrid work model where employees can enjoy the best of both worlds. With four days in the office and one day working from home, we empower our team to achieve work-life balance while maintaining productivity and collaboration.


Interview Process:

1) Basic Screening Round by HR Team

2) HR Head Round

3) Technical Knowledge Round(s)

3) Founder's Round


About Rooter

Rooter is India’s largest gaming and Esports content platform with ~17 Mn Monthly Active Users and ~1.5 Mn Daily Active Users. It offers Live streaming, videos and shorts, allowing users to watch and stream a variety of games, participate in live chats, and engage with a community of gamers. All popular games such as Free Fire, GTA V and BGMI etc. are featured on Rooter. Home to the largest community of gamers in India, the platform also hosts a marketplace allowing users to purchase any digital or gaming currency, thereby providing the complete user experience for a gamer for their content and commerce needs. Rooter is positioned as the Twitch for mobile gaming markets and has already launched in Indonesia besides India and few neighbouring countries.


Rooter already has more than 90 Mn installs and is on track to capture the mobile gaming market across developing economies. Rooter’s revenue grew 16% in FY24 while reducing burn by 50% from previous fiscal. Rooter is on course to be monthly cash positive in next 3 quarters. Besides monetisation from Brands,. Rooter also recently launched its user monetization models and has crossed $150k monthly transactions.


Rooter has raised $35mn in primary capital ($45mn overall including secondary, debt) from investors like Lightbox Ventures, March Gaming, Paytm, IeAD (Adidas Family office), ADvantage, Redwood Partners (Korea), Trifecta Capital and many others.


Rooter is the most attractive and sought after gaming company in India, having come out as the leader and only player in an extremely competitive market of 9 players back in 2020. The next few years for the company are very exciting as it scales revenue, expands globally and crosses 100mn users.


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