Payroll Specialist
1 month ago
We are seeking a skilled Payroll Specialist to join our team at Infrabyte Technology Solution Pvt Ltd. The ideal candidate will have experience in managing multiple tasks, maintaining accuracy, and providing support to the payroll manager.
This role ensures that all stakeholders are informed, payroll processes are administered appropriately, and assigned projects are delivered within scope, schedule, budget, and quality.
Key Responsibilities:
- Establish and maintain employee payroll records
- Input, review, and audit timekeeping and other payroll-related records
- Maintain time and attendance records
- Enter new hires into the payroll system
- Post changes in pay, tax status, and other miscellaneous categories
- Ensure compliance with labour laws and company policies
- Compute wage, overtime, and other types of pay
- Calculate and record payroll deductions (voluntary and involuntary)
- Process advance, termination, and other out-of-cycle payments
- Reconcile earnings and deduction totals
- Calculate and prepare general journal entries
- Review output registers and reports and correct out-of-balance conditions
- Prepare and file tax reports
- Compile payroll data for management, auditors, and others
- Serve as back-up to other payroll specialist
- Document procedures
- Assure that all employees receive timely responses to inquiries, questions, etc.
- Independently coordinate and communicate with all internal groups, hiring managers, and external parties (as required)
- Address and resolve problems in a timely manner
- Take initiative; demonstrate strong decision-making and organizational skills
- Initiate best practices; develop efficiency improvements
- Participate in special projects and other duties as assigned
- The Leave & Time Management Team (LTM) creates, maintains, and provides inputs to payroll relating to leave, time, and attendance of all employees
- Assist in preparing payroll budgets and forecasts
- Stay updated on changes in payroll regulations and best practices
- Must have comprehensive HR and payroll knowledge of government policies, legislations, and tax regulations
- Respond to and resolve payroll-related inquiries from employees
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