Payroll Specialist High Salary

ABOUT THE ROLE The Payroll Specialist will play a key role in The Knot World Wide s Global Accounting Team and will be responsible for payroll preparation distribution and reporting processes for global locations In this dynamic role you will support payroll accounting regulatory reporting and assist employees with payroll-related inquiries You ll tackle new challenges to enhance process automation building a strong technical and accounting foundation Additionally you ll actively contribute to initiatives and projects within the Global Accounting team collaborating with HR Finance Tax and other departments to streamline processes and drive improvements Reporting to the Manager of Global Accounting Operations you will work closely with internal partners to ensure efficient and compliant payroll management RESPONSIBILITIES Payroll Processing Compliance Execute payroll calculations adjustments and deductions Ensure full compliance with Indian labor laws and regulations while managing payroll reports and integrating employee data in collaboration with HR Employee Lifecycle Management Handle payroll tasks for employee onboarding salary structuring exits and settlements Address employee inquiries related to payroll benefits and compliance Statutory Compliance Ensure compliance with Indian statutory regulations PF ESI TDS LWF including timely remittances and filings with government authorities Stay updated on regulatory changes and their payroll implications Audit Reporting Prepare payroll documentation for internal and external audits Contribute to year-end tasks including Gratuity and Leave encashment reporting Vendor Management Collaborate with external payroll vendors and statutory authorities to ensure accurate compliance and reporting Process Improvement Drive efficiency through process improvements system integrations and automation efforts in coordination with HR Finance and cross-functional teams Employee Benefits Administration Manage employee benefits related to PF ESI insurance and other schemes Ensure timely processing and accuracy in allocations of Flexi benefits allowance Payroll Processing Serve as a backup for UK and Ireland payroll operations managing data collection validation payroll execution and reconciliation Ensure compliance with tax and labor laws including employee changes hires terminations promotions Compliance Reporting Stay current with PAYE NIC pensions and statutory requirements in the UK and Ireland Prepare and submit tax filings to HMRC and Irish Revenue Collaboration Communication Coordinate with People Operations Accounting and payroll providers to resolve payroll discrepancies and assist with audits and year-end processes Process Improvement Vendor Management Identify opportunities for process optimization and collaborate on system integration efforts Manage external payroll vendors to ensure compliance U S Payroll Taxes Support the U S payroll team by managing state-specific tax updates withholding and funding Establish and maintain payroll tax accounts and ensure account security Benefits Administration Handle U S -specific benefits tasks including invoice reconciliation premium adjustments and wage reporting Assist in audit preparations and report generation for the U S benefits team Payroll Admin Processing Backup Provide backup support for U S payroll processing addressing a wide range of payroll inquiries and tasks related to paychecks commissions benefits and reporting SUCCESSFUL CANDIDATES HAVE Bachelor s degree in Accounting Finance HR or related fields 4 years of payroll experience with a focus on India payroll operations Strong knowledge of Indian statutory compliance and labor laws PF ESI TDS Strong knowledge of PAYE NIC pensions statutory sick pay and maternity paternity regulations Familiarity with U S payroll taxation and Paylocity is a plus Proficiency with payroll software and tools experience with Oracle HCM or UKG Immedis is a plus Excellent communication and interpersonal skills to manage cross-functional relationships Must be self-driven and highly motivated Must be able and willing to work through complex problems including implementations of new payroll related softwares Positive and upbeat attitude is essential