Payroll Specialist

2 days ago

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

Group Details:

We are looking for an experienced Payroll Analyst who will be able to process our payroll for India as primary responsibility and play a support role for the Apac region. This is an exciting role that will work with HR, Finance, our payroll providers and other relevant functions to support the India payroll transformation initiatives. The successful person is well versed in payroll operations, excited to optimize and improve their day to day jobs and has great interpersonal skills.

This role is a hybrid role based out of Bangalore and will report into the International Payroll Manager in the UK.

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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