Payroll, Staff

1 day ago

Bengaluru Karnataka, India Synopsys Full time

50705BR
- INDIA - Bangalore

**Job Description and Requirements**

**WHAT YOU’LL DO**
The Payroll Specialist will support payroll operations to process and manage the company's payroll. This role is critical in assisting with the calculation of wages based on hours worked, reconciling hours with billing statements and company records, and administering those payments. You will leverage incredible attention to detail and technical capabilities to fully utilize payroll software and tools with accuracy and efficiency. You are ultimately responsible for delivering accurate, complete compensation to our employees in a timely manner. You must be comfortable working and communicating remotely.
- **DAY-TO-DAY RESPONSIBILITIES**:

- Gathering information on hours worked for each employee and administrating payroll on scheduled cadence
- Calculating the correct amount incorporating overtime, deductions, bonuses etc. with the assistance of a computer system
- Preparing and executing pay orders through an electronic system or distributing paychecks
- Handles processing of employee status changes, analyzes payroll and employee expenses, assures general ledger accounts are reconciled; creates on-going month-end, quarterly, and year-end organization reports; and performs other rated duties as assigned.
- Audits payroll information for accuracy.
- Reconciles payroll deposits, tax withholdings, wage garnishments, and voluntary deductions.
- Administering statements of payment to personnel either electronically or on paper
- Processing taxes and payment of employee benefits
- Tracking of hour rates, wages, compensation benefit rates, new hire information etc.
- Addressing issues and questions regarding payroll from employees and superiors
- Preparing reports for upper management, finance department etc.

**WHAT WE ARE LOOKING FOR**

**MUST HAVES**:

- Experience managing multiple payrolls, including international experience
- Proven experience as a payroll specialist or payroll manager
- Solid understanding of accounting fundamentals and payroll best practices
- Very good knowledge of legislation and regulations of the field
- Proficient in MS Office and good knowledge of relevant software (ADP) and databases
- Ability to maintain confidentiality
- Outstanding organizational ability with great attention to detail
- Possess excellent communication skills
- Well-organized and able to meet deadlines

**NICE TO HAVE**:

- Associate, Bachelor or Advanced Degree

Regional payroll support experience in multiple countries or regions

**Job Category**
- Finance

**Country**
- India

**Job Subcategory**
- Payroll

**Hire Type**
- Employee

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