Payroll Specialist

1 day ago

Bengaluru, Karnataka, India Tradeweb Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Responsibilities:

  • Own all aspects of the end-to-end payroll processing for India and administration working with our payroll provider CloudPay.
  • Calculating and verifying employee salaries, benefits, and deductions in accordance with statutory compliances.
  • Checking and validation of PF reports.
  • Dealing with EPFO office/payroll vendor to resolve PF issues of employees when PF claims are rejected by EPFO office.
  • Preparation and submission of Joint declaration documents at EPFO when change is required in employee data base.
  • Responding promptly to employee inquiries and concerns regarding their payroll.
  • Maintaining payroll reports, such as payroll summaries, tax reports, and PF, PT, LWF reports.
  • Assisting in payroll tax calculations, deductions, and submissions to ensure compliance with local, state regulations.
  • Participating in process improvement initiatives.
  • Building and maintaining positive relationships with payroll service provider.
  • Collaborating closely with the HR and Finance teams to exchange relevant payroll information and resolve payroll-related issues.
  • Staying updated with the latest payroll regulations, tax laws, and labour laws.
  • Assisting our APAC payroll manager with administrative tasks.

Required Qualifications:

  • Applicants must have experience working within professional services.
  • Sound working knowledge of India Payroll.
  • At least 7 to 10 years experience in running Indian payroll.
  • Knowledge and background of payroll projects and compliance.
  • Comfortable ensuring service levels are met whilst maintaining strong relationships and an accurate payroll function.

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