Senior Payroll Analyst
7 days ago
Transforming Payroll Operations at Micron
Micron Technology is a world leader in innovating memory and storage solutions that accelerate the transformation of information into intelligence, inspiring the world to learn, communicate and advance faster than ever.
We are seeking a highly skilled and experienced Payroll Analyst to join our team in India. As a key member of our payroll operations team, you will be responsible for ensuring accurate and timely processing of payroll entities, tax and provident fund contributions, and compliance with local statutory regulations.
Key Responsibilities:
- Ensure accurate and timely processing of payroll entities, tax and provident fund contributions.
- Work closely with the Customer Service team, Employee Relations team, and Finance team to resolve payroll-related queries and issues.
- Participate in regular Payroll Operation meetings to provide feedback and contribute to continuous improvement of payroll processes.
- Process Time off, leave, and vacation pay out for terminated employees.
- Validate new hire's Master data on a weekly basis and ensure input reaches the Payroll Vendor on time.
- Update monthly payroll metrics on Share point.
- Work closely with the Finance team for statutory-related payments, such as Gratuity, TDS, and Tax filings.
- Review taxability reports and perform Salary Reconciliations for 100% accuracy.
- Have regular meetings with the Payroll Vendor to review payroll services and resolve any gaps.
- Coordinate with the HR team for payroll-related on-boarding documents to ensure timely payroll processing.
- Create Bank encrypted files and share with the Vendor for payment upload to the bank portal.
- Communicate and update Leaders and employees on payroll-related activities.
- Address employees' queries through the case management tool (ServiceNow) and emails.
- Provide monthly Payroll fund forecast to the Treasury department.
- Support ad-hoc projects or payroll-related work as needed.
Requirements:
- Minimum 5 years of India Payroll experience (in-house and/or outsourced model).
- Strong knowledge of local labor and taxation laws.
- Experience in payroll transformation projects and implementation.
- Experience in Work Day and ServiceNow is advantageous.
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