
Global Payroll- Finance
4 weeks ago
At Biocon Biologics, we are creating a model for the future of healthcare for all. We are a leading company in the biosimilars revolution where patients come first. Our ambition is to impact a billion lives and we do this by fostering a culture of affordable innovation, patient centricity and disruptive thinking. We are a multicultural global company where employees have a purpose and passion to work closely with partners and patients. We have proven end to end expertise in the field of biosimilars, from its development, manufacturing, clinical development, regulatory approvals to commercialization. We have a long-term commitment to bring high quality affordable biosimilars to patients all over the globe.
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 : Payroll 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 Book-keeping
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 4 -6 years
Qualification B.Com / M.Com / MBA
Strong mathematical Accounting of Salaries in General Ledger
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