Global Payroll- Finance

4 weeks ago


Bengaluru, Karnataka, India Biocon Biologics Full time
Job Description

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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