Payroll Manager

6 days ago


Mumbai, Maharashtra, India TIAA Full time
Job Summary

The Payroll Manager role at TIAA Global Capabilities involves reviewing payroll calculations to ensure the organization's payroll processes are functioning properly. This position manages various payroll duties and bookkeeping tasks, ensuring the quality, integrity, and timeliness of payroll reports and other analytical reports.

Key Responsibilities
  • Reviews the calculation of gross and net pay amounts to ensure accuracy, including salary, overtime, shift payments, sales commissions, bonuses, deferred compensation, benefits, tax withholdings, deductions, and payroll liabilities.
  • Reviews payroll data, production records, and individual attendance records within the HRIS and payroll system, correcting errors to ensure the accuracy of payroll payments.
  • Reviews the reconciliation of payroll records, including payments, deductions, and general ledger entries for wages.
  • Ensures the balance of payroll runs and compliance with related requirements, including minimum wage, local tax rates, and federal and state regulations.
  • Manages employee inquiries and troubleshoots issues related to payroll that require policy interpretation.
  • Coaches and reviews the work of lower-level professionals.

Requirements
  • University degree preferred.
  • 3+ years of required experience; 5+ years preferred.
  • Physical requirements: sedentary work.
  • At least 5 years of payroll experience with a proven facility in data entry, customer service, and problem resolution.
  • Knowledge of Federal, Social Security, and Multi-State taxation.
  • Thorough understanding of payroll systems and processes, including knowledge of payroll tax laws, direct deposits, benefits, and deductions.
  • Sound and comprehensive communication and diplomacy skills.
  • Proficiency in various computer software, spreadsheets, and databases.
  • Integrity and professionalism to handle sensitive and confidential information.

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