Payroll Coordinator

1 week ago


Bengaluru, India Labcorp Full time

**Labcorp Drug Development**:
As a leading contract research organization (CRO), Labcorp Drug Development provides comprehensive drug development solutions for a range of industries. Our services cover the preclinical, clinical and post-market phases of drug development, the product life cycles for medical device and diagnostics and development services paired with regulatory support for the chemical testing and crop protection industries.

Labcorp Drug Development is a global leader in nonclinical safety assessment, clinical trial testing and clinical trial management services. Our unique perspectives are based on decades of scientific, medical and regulatory expertise.

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**1) Partners with External Payroll Bureaus, as well as with a number of key stakeholders, ranging from HR Partners, Recruitment teams and Global People Services to Line Managers, Benefits, Rewards, Country Leads and Finance teams, to ensure the effective delivery of the monthly payroll processing as well as delivering timely and accurate Year End reporting and submissions for their assigned India payroll. (10%)**

**2) Responsible for the collection, formatting and sending of payroll related data to the payroll bureaus for payroll processing, whilst adhering to the payroll calendar deadlines. (20%)**

**3) Responsible for validating the payroll output for assigned countries and performing peer validation of final payrolls for other payrolls within the team. (25%)**

**4) Providing monthly Cash Funding Forecast so that the Treasury department can fund the relevant bank accounts for all payroll related payments. Manages all net salary payment processes using Covance approved platforms; partners with the Accounting team for approval and payment release. Ensures d**istribution of payslips. (5%)**

**5) Support query management through liaising with the business, the Payroll Vendors, HR and other Covance departments to ensure timely resolution of queries on behalf of Covance Employees. Acts as a focal point for escalation of payroll related queries from the HR People Services (mAPS) team. (10%)**

**6) Prepare monthly Payroll Journal and Gross to Net report for the Finance department. Support Covance Finance queries. (5%)**

**7) Writes and keeps up to date the payroll standard operating procedures documents to ensure clear guidelines are in place on how to run country specific payrolls, with a level of understanding of local legislation. (5%)**

**8) Complete metrics on performance to review on a monthly basis. (5%)**

**9) Provides support to the Team Leader or Senior Payroll Specialist in developing regular or ad hoc communications to Covance business, to ensure employee awareness around transitions or other changes related to payroll. (5%)**

**10) Work closely with the Payroll Provider(s), Country Leads and local HR Generalists to ensure local compliance practices are being followed and all payroll/employment tax, government and local filings are being submitted in a timely manner. (5%)**

**11) Assist with Audits both internal and External and SOX controls. (5%)**

**Labcorp is proud to be an Equal Opportunity Employer**:
As an EOE/AA employer, Labcorp strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. We encourage all to apply.

For more information about how we collect and store your personal data, please see our Privacy Statement.


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