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Compensation Specialist

2 weeks ago

Madurai, Tamil Nadu, India beBeePayroll Full time ₹ 15,00,000 - ₹ 25,00,000
Job Title: Compensation Specialist

We are seeking a highly skilled and detail-oriented Compensation Specialist to join our team.

Key Responsibilities:

  • Analyze data and payroll transactions.
  • Support all payroll functions and programs impacting employees and serve as a resource for the employee population.
  • Responsible for complete and accurate processing of employee information and all related job information including but not limited to new hires, terminations, tax and payment election setup, ongoing and one-time earning and deduction processing, garnishment/support order processing,
  • Responsible for the accuracy of payroll production including researching and adjusting wages and/or taxes.
  • Accurately update the employee payroll database in compliance with financial policies and statutory and contractual requirements.
  • Perform rigorous quality checks on payroll data to ensure accuracy and avoid unnecessary re-work.
  • Support the delivery of payroll services to the agreed timelines.
  • Support implementation of changes to policies and procedures on issues within own area, as directed by the Supervisor and Manager, Payroll to ensure a consistent approach across the organization.
  • Support operation of payroll "Service Now Ticketing System" and resolve routine employee queries, escalating non-standard issues to the Supervisor or Manager, Payroll to ensure resolution within SLA timelines.
  • Participate in continuous improvement activities to exceed customer expectations and promote a professional finance organization.
  • Perform tax adjustments as needed.
  • Meet Payroll department key performance indicators.
  • Perform any other duties as assigned.