Payroll Specialist

2 days ago

Bengaluru, Karnataka, India Paybooks | A TransPerfect Company Full time
Key Responsibilities

- Process and coordinate payroll and related procedures with high accuracy
- Apply in-depth knowledge of benefits, compensation principles, income tax, and retirement plans
- Maintain and update HRMS master data, with a focus on non-financial data integrity
- Ensure compliance with statutory requirements related to payroll, including PF, ESI, Professional Tax, LWF, and TDS
- Conduct thorough reconciliation between Paybooks application outputs and input data
- Perform variance analysis to ensure payroll accuracy
- Manage annual compliance reporting for salary-related statutory requirements
- Address and resolve employee queries promptly and effectively
- Review and approve changes in employee records, including exemptions, insurance coverage, savings deductions, job titles, and departmental transfers
- Compile comprehensive reports on earnings, taxes, deductions, leave, disability, and non-taxable wages

Job requirements

- MBA in Human Resources or bachelor's degree in commerce
- Experience levels: 2+ to 5 years
- Minimum 1 year of experience in technical support with domestic clients
- Excellent verbal and written communication skills
- Strong client relationship management abilities
- Comprehensive knowledge of Indian HR and Payroll domains
- High degree of patience and problem-solving skills
- Proficiency in MS Excel
- Ability to perform under pressure during peak periods (month-end, quarter-end, and year-end)

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