Senior Payroll Specialist

6 days ago

Gurgaon, Haryana, India beBeePayroll Full time ₹ 15,00,000 - ₹ 20,00,000
Role Overview

The successful candidate will be responsible for overseeing the entire payroll process, ensuring timely and accurate payment of wages, benefits, and bonuses. This includes reviewing payroll calculations, monitoring and resolving any discrepancies or errors, and providing strategic support to the HR and Finance departments.

Main Responsibilities:
  • Payroll Management:
    • Ensure the end-to-end payroll process is completed on time and accurately, including the payment of wages, benefits, and bonuses.
    • Review payroll calculations, including hours worked, overtime, deductions, and allowances.
    • Monitor and resolve any payroll discrepancies or errors, ensuring a smooth payroll run each cycle.
  • Compliance & Regulatory Adherence:
    • Evaluate and ensure compliance with federal, state, and payroll laws and tax regulations, including wage and hour laws, tax withholdings, and reporting requirements.
    • Stay up to date with changes in tax laws, employee benefits regulations, and other payroll-related legislation.
    • Verify the proper filing of payroll tax returns and any other mandatory government reports.
  • Payroll Reporting & Analytics:
    • Prepare and present accurate payroll reports for management, including summaries of payroll expenses, tax withholdings, and other related data.
    • Analyze payroll data and provide insights to senior management to assist with decision-making, budgeting, and forecasting.
    • Guarantee the generation of required statutory reports on time.
  • Employee Queries & Resolution:
    • Serve as the primary point of contact for escalated payroll-related issues and queries from employees and management.
    • Provide clear and timely responses to employee payroll inquiries, including tax calculations, deductions, and other payroll concerns.
  • Payroll Systems & Process Improvement:
    • Collaborate with HRIS and payroll software systems to ensure smooth payroll operations and data accuracy.
    • Identify opportunities to streamline payroll processes and recommend improvements for better efficiency and compliance.
    • Cultivate cooperation with IT and other departments to implement system upgrades or changes.
  • Payroll Audits & Documentation:
    • Support internal and external payroll audits to ensure compliance with company policies and statutory regulations.
    • Maintain accurate and up-to-date payroll records and ensure proper documentation for audits and reporting purposes.
  • Interdepartmental Collaboration:
    • Collaborate with HR, Finance, and other departments to ensure the accurate integration of payroll-related data.
    • Support the Finance team in budgeting, forecasting, and financial reporting related to payroll costs.

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