Payroll Operations Executive
9 hours ago
Senior Executive
Role Summary
The Executive is responsible for supporting payroll-related payment operations, ensuring timely and accurate disbursement of salaries, statutory payments, and other employee-related funds in collaboration with internal teams and third-party providers.
Key Responsibilities
- Assist in processing payroll payments and fund transfers to employees and statutory bodies as per agreed timelines.
- Validate payment files and ensure proper authorization before initiating transactions.
- Coordinate with banks and internal finance teams to resolve payment-related queries or discrepancies.
- Perform basic reconciliations of payroll accounts and escalate mismatches for resolution.
- Ensure compliance with internal control processes, company policies, and regulatory requirements during payroll disbursement.
- Support month-end closing activities by preparing reports on payroll payment status.
- Maintain accurate records of payment transactions for audit and compliance purposes.
Skills & Experience
- 2-4 years of experience in payroll operations or banking & payments, preferably in a shared service/BPO environment.
- Basic knowledge of payroll processes and banking/payment systems.
- Familiarity with ERP systems (SAP, Oracle, Workday) is an advantage.
- Strong attention to detail and ability to work with sensitive employee data.
- Proficiency in MS Excel for data validation and reporting.
Education
- Bachelor's degree in Commerce, Finance, or Accounting.
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