Payroll & Compliance Executive
2 days ago
Job Title: Payroll & Compliance Executive
Job Location: New Delhi
Experience: 3+ years
Qualification: Bachelor’s degree in commerce/Maths/Statistics
Job Description:
We are seeking a Payroll Operations Executive to join our team. The role will involve managing end to end payroll and compliance vertical. The incumbent will have to manage all aspects of the payroll processing, accounting, C&B, labour law compliance, collaborate closely with our Payroll vendor and handle HRMS Payroll execution.
Functional Competencies: Payroll execution (India)/Statutory payroll compliance / Managing Audits
Key Role & Responsibilities:
- The role requires excellent knowledge of payroll and statutory compliances such as PF, gratuity, labour law and tax compliance and tax planning instruments such as NPS, car lease etc. along with upcoming compliances such as labour codes
- Good knowledge of tax, PF and financial wellbeing interventions along with ability to manage multiple stakeholders internally and external vendors with an eye for detail is a must
- Oversee the end-to-end payroll processing. Gather, validate attendance and compensation data
- Calculations of Variable pay, supporting the Compensation & Benefit policy with salary structure design. Calculate gross-to-net pay, deductions, and withholdings in compliance with all relevant tax and labour regulations. Managing payroll benefits such as car lease, NPS, Flexi basket etc.
- Review preliminary payroll registers and make any necessary adjustments prior to final payroll approval. Oversee the payroll accounting function, including general ledger postings, reconciliations, and reporting
- Ensure accurate recording of payroll liabilities, taxes, and other related financial transactions
- Collaborate with the Accounting team and vendor to resolve any discrepancies or issues
- Manage payroll-related employee inquiries and requests, providing excellent customer service
- Maintain detailed payroll records and documentation, preparing reports as needed
- Manage internal and external audits
- Identify process improvement opportunities and collaborate with the team to enhance efficiency and accuracy
Key Requirement:
- Strong working knowledge of payroll systems, Indian tax regulations, and labour laws
- Excellent numerical and analytical skills, with a keen eye for detail
- Proficient in using Microsoft excel, HRIS, payroll and accounting software, with the ability to extract and manipulate data
- String communication and interpersonal skills to effectively liaise with internal and external stakeholders
- Adaptable and proactive problem-solver, able to juggle multiple priorities
- Bachelor's degree in Finance, Accounting, Business or a related field
Qualifications:
- B.A Hons. Degree in Maths/Statistics/Commerce
- 3+ years of handling end to end payroll with a mid-size global organization
- Experience of handling payroll on GreytHR/HRone will be an added benefit
Interview Process:
1) Basic Screening Round by HR Team
2) Technical Knowledge Round(s) – Finance
4) HR Head Round(In-person)
6) Founder's Round(In-Person)
Employee Benefits:
- Health Insurance: We offer comprehensive health insurance coverage to ensure our employees have access to quality healthcare when they need it most.
- Gratuity: We believe in recognizing the hard work and dedication of our employees. That's why we provide gratuity benefits to show our appreciation for their contributions.
- Hybrid Work Model: Embracing flexibility, we offer a hybrid work model where employees can enjoy the best of both worlds. With four days in the office and one day working from home, we empower our team to achieve work-life balance while maintaining productivity and collaboration.
About Rooter:
Rooter is India’s largest Gaming and Esports Content to Commerce platform with more than 85mn users. It offers Live streaming, videos and shorts, allowing users to watch and stream a variety of games, participate in live chats, and engage with a community of gamers. Home to the largest community of gamers in India, the platform also hosts a marketplace allowing users to purchase any digital or gaming currency, thereby providing the complete user experience for a gamer for their content and commerce needs. Rooter is positioned as the Twitch for mobile gaming markets and has already launched in Indonesia besides India and few neighboring countries.
Rooter’s revenue grew 16% in FY24 while reducing burn by 50% from previous fiscal. Rooter is on course to be EBITDA positive in next 3 quarters. Besides working with 100+ Brands across sectors for their Advertising needs, Rooter also recently launched its various user monetization models and has seen GMV growing 1-3x MoM. With Rooter Shop, its building the biggest and perhaps most scalable product to target the $3.3bn gaming currency market for India.
Rooter has raised $35mn in primary capital ($45mn overall including secondary, debt) from investors like Lightbox Ventures, March Gaming, Paytm, IeAD (Adidas Family office), ADvantage, Redwood Partners (Korea), Trifecta Capital and many others.
Rooter is the most attractive and sought after Gaming Company in India, having come out as the leader and only player in an extremely competitive market of 9 players back in 2020. The next few years for the company are very exciting as it scales revenue, expands globally and adds the next 100mn users.
Join us if you are looking to be a part of Gaming Revolution in India, building the backbone of Tech infrastructure and enabling large scale commerce.
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