Associate - Payroll & Compliances

1 week ago

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

Hello Aspirants,

Finnable is a fintech start-up based out of Bangalore. We are three founders on to our 2nd innings. All three of us are ex-bankers. Nitin and Viraj are successful entrepreneurs, and Amit is a seasoned banker. We are already profitable, in a path to aggressive growth with good foundations.

We are looking for a Payroll Expert with 2+ years of hands-on experience of handling India payroll to join our team.

Responsibilities:

  • Manage end-to-end payroll processing for employees across the org
  • Ensure accurate and timely payment of wages, salaries, and benefits to employees according to local regulations and company policies
  • Coordinate with HR, finance, and other departments to gather payroll data, such as new hires, terminations, promotions, and salary changes
  • Review and verify payroll inputs, including timesheets, bonuses, commissions, and deductions, to ensure accuracy and compliance with local tax laws and regulations
  • Prepare and submit payroll reports, tax filings, and other statutory requirements to relevant authorities in each country
  • Stay informed about changes in payroll regulations and compliance requirements and update payroll processes accordingly
  • Handle payroll inquiries and resolve discrepancies or issues raised by employees or stakeholders in a timely and professional manner
  • Collaborate with external payroll service providers, tax advisors, and legal counsel to ensure compliance and address complex payroll matters
  • Maintain payroll records, documentation, and confidentiality of employee information in compliance with data protection laws and company policies
  • Preparation of Payroll, Audit and compliance data for all due diligence activities, and maintain records
  • Responsible for all payroll and employment-related compliances

Qualifications:

  • Bachelor's degree in accounting, finance, business administration, or related field.
  • 2 years of experience in India payroll processing, experience of a start-up is an advantage
  • Deep understanding of payroll regulations, tax laws, and compliance requirements in multiple states within India
  • Proficiency in payroll software and systems (e.g. Keka) and MS Excel
  • Excellent attention to detail, analytical skills, and ability to work with large volumes of data accurately.
  • Strong communication, interpersonal, and problem-solving skills.

This is a fully onsite role.

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