Payroll Accountant

3 weeks ago

Bengaluru, Karnataka, India Biocon Biologics Full time
Job Description

BIOCON BIOLOGICS LIMITED Bengaluru, Karnataka,

India About the organization: Biocon Biologics is a fully-integrated pure play biosimilars organisation globally committed towards transforming patient lives through innovative and inclusive healthcare solutions. It is engaged in developing high-quality, affordable biosimilars aimed at expanding patient access to cutting-edge class of therapies across the world. Biocon Biologics is a subsidiary of Biocon Ltd, an innovation led-global biopharmaceuticals company and India&aposs first publicly listed biotech enterprise. Biocon Biologics has one of the largest biosimilars portfolios, a wide global footprint, state-ofthe-art manufacturing facilities, world-class R&D ecosystem, and high quality & compliance standards, enabling it to fulfil unmet needs of patients across the globe. With the scientific capabilities, scale of manufacturing, large product pipeline, strong talent pool and expertise in developing and commercialising biologics About Finance Function: We believe in creating a team that is not only best in class and sets new benchmarks but more importantly understands that a TEAM means Together Everyone Achieves More. At Biocon Biologics, Finance is one of the major pillars and an essential ingredient to a successful business More particularly, the Payroll processing team looks after the Processing of Monthly Salaries, Employee reimbursements, Statutory compliances related to all employee payables etc and hence , forms integral part of the organisations People and Financial Management. The team also ensures all accounting and compliance aspects related to Payroll Role : Payrole Processing Finance Key Responsibilities

Analysis and Review of monthly payroll records and reporting financial information to management and government agencies

Maintain Pay Register and oversee withholding tax related payroll processing

Ensure that all compliances related to withholding tax, statutory liabilities etc are adhered to.

Accounting of Salaries in General Ledger

Preparation of monthly MIS

Addressing queries from employees and internal customers Ensure adherence to SOP and policy guidelines

Cash forecasting on a monthly basis

Ensure timely processing and payment employee reimbursements.

Regular review of accounting process activities

Supervise and guide the team in daily activities.

Objectives of this Role Support the company in optimizing our financial transactions and systems Strengthen the ultimate objective of timely disbursement of salaries and reimbursements

Assist in streamlining and improving the compliance process

Exercise integrity and confidentiality in financial reporting

Comply with TDS and other tax requirements while processing the Invoice Skills and Qualifications Understanding basic principles of Payroll, Finance, Accounting, and Bookkeeping Hands on Knowledge of US Payroll processing and compliance requirements

Leadership, Team management

Time management and detail

Proficiency with Microsoft Office

Ability to keep company and partner confidences

Knowledge of SAP FICO and HCM will be an added advantage.

EDUCATION AND EXPERAINCE

Experience 3 -5 years

Qualification B.Com / M.Com / MBA

Strong mathematical and analytical skills

Experience with ERP, accounting software and online platform.

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