▷ Apply in 3 Minutes: Assistant Manager
4 weeks ago
Job Description
Role Summary
The Executive is responsible for supporting payroll-related payment operations, ensuring timely and accurate disbursement of salaries, statutory payments, and other employee-related funds in collaboration with internal teams and third-party providers.
Key Responsibilities
- Assist in processing payroll payments and fund transfers to employees and statutory bodies as per agreed timelines.
- Validate payment files and ensure proper authorization before initiating transactions.
- Coordinate with banks and internal finance teams to resolve payment-related queries or discrepancies.
- Perform basic reconciliations of payroll accounts and escalate mismatches for resolution.
- Ensure compliance with internal control processes, company policies, and regulatory requirements during payroll disbursement.
- Support month-end closing activities by preparing reports on payroll payment status.
- Maintain accurate records of payment transactions for audit and compliance purposes.
Skills & Experience
- 0-2 years of experience in payroll operations or banking & payments, preferably in a shared service/BPO environment.
- Basic knowledge of payroll processes and banking/payment systems.
- Familiarity with ERP systems (SAP, Oracle, Workday) is an advantage.
- Strong attention to detail and ability to work with sensitive employee data.
- Proficiency in MS Excel for data validation and reporting.
Education
- Bachelor's degree in Commerce, Finance, or Accounting.
2. Payroll Operations - Assistant Manager - B1
Role Summary
The Assistant Manager will oversee payroll payment operations ensuring accurate and timely processing of salary disbursements, statutory contributions, and other employee-related fund transfers. The role includes managing stakeholder relationships and driving process improvements within payroll payment workflows.
Key Responsibilities
- Lead payroll payment operations and ensure timely transfer of funds for salaries, benefits, and statutory payments.
- Review and approve payment files ensuring adherence to authorization protocols and control frameworks.
- Liaise with internal finance teams, HR, banks, and third-party providers to resolve complex payroll payment issues.
- Perform detailed reconciliations of payroll-related accounts and address exceptions promptly.
- Ensure compliance with statutory and regulatory requirements related to payroll payments.
- Provide guidance and training to junior team members on payroll payment processes.
- Support audits and implement remediation plans for any identified gaps in payroll payment controls.
- Drive process standardization and identify opportunities for automation within payroll banking operations.
Skills & Experience
- 5-7 years of experience in payroll operations with at least 2 years in a supervisory role, preferably in an outsourcing or shared services setup.
- Strong understanding of payroll payment processes, statutory regulations, and banking workflows.
- Hands-on experience with ERP systems (SAP, Oracle, Workday) and payment platforms.
- Excellent problem-solving skills and ability to manage escalations effectively.
- Strong communication and stakeholder management skills.
Education
- Bachelor's degree in Commerce, Finance, or Accounting.
- Professional certifications (e.g., ACCA, CA, CIMA) are an added advantage.
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