Payroll Associate

2 weeks ago

Bengaluru, Karnataka, India Crossing Hurdles Full time

We are hiring for a client who is focusing on fast-moving consumer goods (FMCG), lighting, and furniture solutions. Established in 1945, the company has evolved into a prominent player in the FMCG sector across Asia, the Middle East, and Africa.

Main Responsibilities of Payroll professionals

The main responsibilities will include:

  • Assisting with end-to-end payroll processing and administration.
  • Calculating and verifying employee salaries, benefits, and deductions in accordance with company policies, employment contracts, and legal regulations.
  • Ensuring timely and accurate data entry of payroll information, including employee details, timesheets, and attendance records, to maintain precise payroll records.
  • Responding promptly to employee inquiries and concerns regarding their payroll.
  • Generating payroll reports, such as payroll summaries, tax reports, cost report and Statutory reports.
  • Assisting in payroll tax calculations, deductions, and submissions to ensure compliance with local and state regulations.
  • Conducting regular audits and verifications of payroll data to identify and rectify any inaccuracies and discrepancies.
  • Supporting the implementation and integration of new payroll systems or upgrades.
  • Participating in process improvement initiatives.
  • Building and maintaining positive relationships with payroll service providers and vendors
  • Collaborating closely with the HR and Finance teams to exchange relevant payroll information and resolve payroll-related issues
  • Staying updated with the latest payroll regulations, tax laws, and labor standards

Key Requirements

  • You hold a Degree in Finance, Accounting, Human Resources, or a related field.
  • You have a minimum of 5-7 years of relevant experience is required.
  • You have practical experience in payroll processing and administration
  • You possess excellent attention to detail for accurate payroll management and support
  • You are well-versed in payroll laws, regulations, and compliance requirements
  • You are proficient in using payroll software and tools to process payroll efficiently, generate reports, and manage records
  • You have experience in maintaining confidentiality and professionalism when handling sensitive data
  • You have strong problem-solving skills
  • You possess strong written and verbal communication skills

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