Executive - India Payroll Gsc's

2 weeks ago

Hyderabad, India HSBC Full time

**Business: HR Management Operations**

**Open positions: 1**

**Role Title: Executive - India Payroll**

**Global Career Band:8**

**Location (Country / City): Hyderabad**

**What you’ll do: (List out Key Responsibilities)**
- Manage centralized in-house payroll operations for over 25000 plus employees located at different cities in India
- Thorough working knowledge on India Payroll statutory management i.e. PF, ESIC, PT, IT, Statutory Bonus, Gratuity, EDLI etc.
- Reviews and analyzes current payroll, benefits and tax procedures in order to proactively identify, recommend and implement changes that lead to improvement opportunities.
- Assists in the operation of the Payroll section to ensure all transactions are processed within organizational timescales and procedures.
- Ensure to reconcile and effectively control the accounts affecting Payroll on a monthly basis & preparing necessary provisions for foreseeable payments
- Ensure that staff queries are addressed and resolved in a timely manner reflecting the high level of customer service expected from Payroll Staff.
- Maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulator
- Implementation of Group Compliance Policy as applicable to the role
- Keeping a proactive approach to problem solving & securing outcomes that are in agreement with the bank’s policy
- Provide service to customers by focusing on resolving requests efficiently, accurately, and professionally
- Identify and escalate potential showstoppers.
- Issues / problems are effectively investigated and resolved or are appropriately referred with recommendations
- Contribute to the team effectively and manage for value at all times.
- Participate in development of cohesive teams and support achievement of team objectives.
- Exhibit ownership of the business.
- Perform full-cycle processing using an integrated HRIS / Payroll system, including processing and maintenance of pay earnings and deductions, off-cycle processing, disbursement of payments, generation and distribution of reports to key stake holders, and maintenance of paper and electronic records.

Requirements

**What you will need to succeed in the role**:_(Minimum Qualification and Skills Required)_**

**Skills/Experience Required**
- 2 - 3 years’ experience in managing India Payroll operations in an In-house model
- Experience in managing payroll for a multinational, multi-site employer (5,000+ employees)
- Accuracy and detail oriented, able to quickly spot errors in data and respond with clarification and explanation
- Good interpersonal and communication skills (Verbal & Written)
- Time management and ability to meet deadlines
- Knowledge of and experience in planning and organizing techniques
- Customer focused, a “can-do” attitude, independent and proactive
- Team Player across immediate team, client and across HR function.
- Ability to process administrative tasks and manage own responsibilities with mínimal supervision
- Proficient user of Microsoft Office (including Word, Excel-advanced user to include pivot tables and formula functions)
- Skilled in producing reports with Excel
- Ability to learn quickly and transfer knowledge appropriately
- Knowledge of and experience in problem solving techniques
- Ability to perform in high-pressure environment should be effective in a flexible work environment.
- Ability to adapt to a fast paced continually changing and deadline-driven business and work environment while managing multiple priorities

**You’ll achieve more at HSBC**

**Issued By HSBC Electronic Data Processing (India) Private LTD

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