Global Senior Payroll Specialist

3 days ago

india ThoughtWorks Full time

Job responsibilities

Ensures accurate and timely processing of payroll updates including new hires, terminations, and changes to pay rates. 

Upstream, retrieval of data from multiple sources: Such as HR system, Shared Services, local business inputs, equity and mobility or an external source. ● Ensure quality identification of data gaps and human/processing errors. Validation of payroll calculation of wages, benefits, tax deductions, commissions, etc. Preparing and processing paychecks ( for mobile employees, especially when gross-ups of tax are involved)  Downstream, funding, reporting, and query management.  Entering data into payroll and administrative databases and software programs. Maintaining payout information and resolving any discrepancies; Ensuring Statutory compliance by following policies and procedures; Timely Registration on payments impacting compliance such as salary / Full and Final Payment, social security, and union contributions is forwarded to Accounts and payments made within a specified time.  Ensure that the vendor adheres to the promised quality and timeliness as per The SLA (Service Level Agreement) and staying up to date with changes in respective payroll regulations and ensuring compliance.  Preparing payroll funding reports for Finance team review and approval. Coordinating with other departments, such as HR and Finance, to ensure seamless payroll processing.  Collaborating with external stakeholders, such as auditors and tax authorities, on payroll-related matters.

Job qualifications

Technical Skills

At least 4+ years of experience in payroll processing or a related field. Extensive knowledge of the payroll function including preparation, balancing, internal control, payroll taxes, and compliance with government regulations. Germany payroll understanding is a must.  Strong understanding of payroll systems, payroll statutory, earnings and deduction codes, and GL mapping.  Knowledge of ESPP, STOCK, RSU, and Payroll Accounting is a plus. Proficient with Workday and Vendor provided tools/software  Basics of audit, Documentation/record keeping skills.

Professional skills

Well-developed communication skills with the ability to develop and maintain effective relationships with a range of stakeholders to achieve desired outcomes. ● Well-developed planning and organizational skills, including the ability to complete tasks within set time frames.  Strong analytical and problem-solving skills.

Other things to know

Learning & Development

There is no single career path that fits everyone at Thoughtworks: how you want to develop your career is completely up to you. But we balance autonomy with the strength of our cultivation culture. That means your career is supported by interactive tools, a variety of development programs, and many colleagues who want to help you grow. We see value in helping each other be our best and this extends to empowering our female employees on their career journeys.

Shift timings:  Please note the shift timings are from PM - PM. This will be a usual 8-hour shift

Job Details

Country: India
City: Bangalore
Date Posted: 06-28-2024
Industry: Information Technology
Employment Type: Regular

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