Compensation Administrator

6 days ago

Pune, Maharashtra, India TransPerfect Full time

**Job Title:** Compensation Administrator

We are seeking a detail-oriented and customer-focused professional to join our team as a Payroll Specialist. The ideal candidate will be responsible for managing payroll processes, ensuring compliance, and providing excellent service to our clients.

About the Role:

The successful candidate will have a strong attention to detail, adaptability, and a commitment to maintaining the highest standards of accuracy in all payroll-related tasks. They will process and coordinate payroll and related procedures with high accuracy, apply in-depth knowledge of benefits, compensation principles, income tax, and retirement plans, and maintain and update HRMS master data, with a focus on non-financial data integrity.

Key Responsibilities:

  • Process and coordinate payroll and related procedures with high accuracy.
  • Apply in-depth knowledge of benefits, compensation principles, income tax, and retirement plans.
  • Maintain and update HRMS master data, with a focus on non-financial data integrity.
  • Ensure compliance with statutory requirements related to payroll, including PF, ESI, Professional Tax, LWF, and TDS.
  • Conduct thorough reconciliation between Paybooks application outputs and input data.
  • Perform variance analysis to ensure payroll accuracy.
  • Manage annual compliance reporting for salary-related statutory requirements.
  • Address and resolve employee queries promptly and effectively.
  • Review and approve changes in employee records, including exemptions, insurance coverage, savings deductions, job titles, and departmental transfers.
  • Compile comprehensive reports on earnings, taxes, deductions, leave, disability, and non-taxable wages.

Requirements:

  • Bachelor's degree in Commerce or equivalent experience.
  • Minimum 2+ years of experience in technical support with domestic clients.
  • Excellent verbal and written communication skills.
  • Strong client relationship management abilities.
  • Comprehensive knowledge of Indian HR and Payroll domains.
  • High degree of patience and problem-solving skills.
  • Proficiency in MS Excel.
  • Ability to perform under pressure during peak periods (month-end, quarter-end, and year-end).

What We Offer:

The estimated salary for this position is ₹8-12 lakhs per annum, depending on qualifications and experience. As a valued member of our team, you can expect a competitive package, including a comprehensive benefits program, opportunities for career growth and development, and a dynamic work environment.

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