Payroll Associate

3 weeks ago


Hyderabad, India Deloitte Full time

Your potential, unleashed


India’s impact on the global economy has increased at an exponential rate and Deloitte presents an opportunity to unleash and realise your potential amongst cutting edge leaders, and organisations shaping the future of the region, and indeed, the world beyond.


At Deloitte, your whole self to work, every day. Combine that with our drive to propel with purpose and you have the perfect playground to collaborate, innovate, grow, and make an impact that matters.


1) Overview


Associate will be responsible for ensuring completion of delivery of day-to-day transactions and activities within the Payroll and Benefits function/process, (for e.g., maintaining accurate records, complete payroll reports)


Key responsibilities for the Associate will include:


Performance and day-to-day delivery of Payroll processes, sub-processes, activities, and transactions


2) Principal Accountabilities


Primary Responsibilities


Service Delivery

  • Knowledge to perform and deliver one or more of the following Payroll & Benefits activities:


Maintaining Accurate Records

  • Maintenance of accurate and Precise records
  • Manual Time Edits review
  • Review Payroll reports
  • Ensuring that proper documentation and reporting systems are in place for any audits or checks.


Complete Payroll Reports

  • Keep all pay records confidential; Investigate, resolve, and identify discrepancies in payroll records and employee timesheets.
  • Reconciling accounts
  • Review Payroll entries and activities
  • Reviewing transactions and adjusting entries,
  • Provide necessary documentation and reports for financial reporting.
  • Ensure compliance with company policies, payroll principles, and relevant regulations.
  • Stay informed about changes in any payroll standards and best practices in Payroll and Benefits function


Support to Team Lead

  • Support Team Lead (as required) in areas such as:
  • Operational Excellence
  • Process Improvements
  • Reporting
  • Client Management / Escalations


3) Attributes Required


Experience


  • 2-4 years of previous work experience
  • Freshers – basic accounting knowledge and computer skills / MS Office
  • Basic / working knowledge of Finance processes
  • Effective communication, problem solving and analytical skills.
  • Prior experience in BPO sector (preferred)
  • R2R function specific knowledge (preferred)


Qualifications


B. Com / BBA / BMS or similar three-year graduate course


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