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Payroll Specialist

2 weeks ago

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

About Lumen Technologies

Lumen Technologies is a global technology company that delivers innovative communication and network solutions. Our mission is to empower businesses and individuals to connect, grow, and thrive in the digital age. With a focus on customer experience and operational excellence, we strive to provide cutting-edge solutions that meet the evolving needs of our customers.

Job Summary

The Payroll Specialist will be responsible for end-to-end payroll processing, ensuring accurate and timely salary disbursements, statutory compliance, and audit readiness. This role demands strong analytical skills, attention to detail, and a deep understanding of payroll accounting, tax regulations, and employee reimbursement processes.

Key Responsibilities

Payroll Accounting & Processing:

  • Process monthly payroll for employees across multiple entities, ensuring accuracy in earnings, deductions, and net pay.
  • Perform month-end payroll accruals and reconciliations based on payroll master's and flexible benefit claims.
  • Post accounting entries include salary, bonuses, incentives, and statutory liabilities (PF, PT, TDS).

Audit Management:

  • Coordinate with internal and external auditors for statutory, tax, and IFC audits.
  • Prepare and maintain audit trackers, walkthrough samples, and SL-GL reconciliations.
  • Ensure timely submission of audit samples and documentation, including salary revisions, joiner/leaver data, and compliance reports.

MIS & Reporting:

  • Generate and analyze monthly MIS reports on payroll costs, headcount, and statutory remittances.
  • Support leadership with ad hoc reports and data insights for decision-making.

Reimbursement & IT Saving Proofs Validation:

  • Validate employee reimbursement claims (LTA, medical, telephone, etc.) against policy and documentation.
  • Manage IPSF (Investment Proof Submission Form) collection, validation, and year-end closure activities.

Statutory Compliance:

  • Ensure timely remittance and filing of statutory dues, including PF, ESI, PT, and TDS.
  • Maintain compliance with 23+ central and state labour laws and support labour inspections as needed.
  • Track and report delays or discrepancies in remittances with corrective actions.

Qualifications

  • Bachelor's degree in commerce, Accounting, or related field.
  • 6–8 years of experience in payroll accounting and audit in a mid-to-large organisation.
  • Strong knowledge of Indian payroll laws, tax regulations, and accounting principles.
  • Proficiency in payroll software and MS Excel.

Preferred Skills

  • Experience with audit coordination and statutory reporting.
  • Familiarity with the SNOW ticketing system and payroll helpdesk operations.
  • Ability to manage multiple stakeholders and meet tight deadlines.
  • Excellent ability to communicate effectively in English (verbal and written communications).
  • A solution-oriented approach to tasks, and should be able to work independently.
  • Ability to work in a target-oriented environment and under pressure.
  • Flexible, committed and driven. Should be able to manage sensitive data with integrity.

"We are an equal opportunity employer committed to fair and ethical hiring practices. We do not charge any fees or accept any form of payment from candidates at any stage of the recruitment process. If anyone claims to offer employment opportunities in our company in exchange for money or any other benefit, please treat it as fraudulent and report it immediately."

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