Payroll Executive

3 days ago

Bengaluru India Think Design Collaborative Full time

Job Description The Payroll Executive will be responsible for overseeing the payroll process and ensuring accurate and timely payment to employees. This role will also support various operational functions to ensure smooth business operations. The ideal candidate will have strong analytical skills, attention to detail, and the ability to manage multiple tasks efficiently. Responsibilities - Process and manage the company's payroll system, ensuring timely and accurate payment of wages. - Maintain payroll information by collecting, calculating, and entering data. - Update payroll records by entering changes in exemptions, insurance coverage, savings deductions, and job title and department/division transfers. - Prepare reports by compiling summaries of earnings, taxes, deductions, leave, disability, and non-taxable wages. - Resolve payroll discrepancies by collecting and analyzing information. - Provide payroll information by answering questions and requests. - Maintain employee confidence and protect payroll operations by keeping information confidential. - Ensure compliance with federal, state, and local payroll, wage, and hour laws and best practices. Compliance - Develop, implement, and monitor the company's compliance policies and procedures. - Ensure the company complies with all federal, state, and local employment laws and regulations. - Conduct regular audits and risk assessments to identify potential compliance issues. - Provide training and guidance to employees on compliance-related matters. - Manage and resolve compliance-related inquiries and issues. - Prepare and submit compliance reports to regulatory bodies as required. - Integrate leave records with payroll processing to ensure accurate calculation of salaries, deductions, and compliance with company policies. Payroll Operations - Manage the administration of employee benefits, payroll, and HR information systems (HRIS). - Ensure the accuracy and integrity of employee records and HR data. - Coordinate the onboarding and offboarding processes to ensure a smooth transition for employees. - Support performance management processes, including annual reviews and development plans. - Handle payroll and benefit-related issues, providing guidance and resolution as needed. - Prepare official documents/letters and be able to process them on time. Requirements - 2-3 years of experience in payroll management or HR administration. - Bachelor's or Master's degree in HR. - Languages: English (Advanced). - Immediate joiners are preferred. This job was posted by Abirami M from Think Design Collaborative.

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