Payroll Associate

4 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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