Manager - Payroll & bookkeeping

1 week ago

Ahmedabad Bengaluru Chennai, India Accsource Knowledge Process Outsourcing Full time ₹ 6,00,000 - ₹ 8,00,000 per year

Key Responsibilities:

  • Design, implement, and maintain payroll systems to ensure efficient processing of payroll data.
  • Direct the collection, calculation, and accurate entry of payroll data, including earnings, deductions, exemptions, insurance coverage, savings contributions, and job changes.
  • Oversee the production and issuance of paychecks and electronic payments to employee bank accounts.
  • Prepare and compile comprehensive payroll reports summarizing earnings, taxes, deductions, leave balances, disability, and nontaxable wages.
  • Approve payroll liabilities including employee federal and state income tax withholdings, social security taxes, and employer contributions such as social security, unemployment insurance, and workers compensation.
  • Investigate and resolve payroll discrepancies to balance payroll accounts effectively.
  • Respond to employee and management inquiries regarding payroll information and resolve issues promptly.
  • Develop, write, and update payroll policies and procedures to ensure compliance and operational efficiency.
  • Ensure compliance with all applicable federal, state, and local laws by monitoring legislation and advising management on necessary actions.
  • Maintain confidentiality of sensitive payroll information to protect employee privacy and organizational security.
  • Stay current with payroll trends, laws, and technology by attending workshops, reviewing professional publications, and engaging in industry networks and societies.
  • Supervise payroll staff by recruiting, training, evaluating, and providing guidance and disciplinary actions when necessary.
  • Assign and schedule payroll team tasks and follow up on work to ensure timely and accurate completion.
  • Foster a collaborative team environment and contribute to related organizational goals as needed.

Qualifications:

  • Proven experience managing payroll processes and teams.
  • Strong knowledge of payroll tax regulations and compliance requirements.
  • Excellent analytical and problem-solving skills.
  • Strong communication skills and ability to maintain confidentiality.
  • Experience developing policies and procedures.
  • Leadership and team management experience.

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