Payroll Specialist

1 day ago

Indore, Madhya Pradesh, India Taskus Full time ₹ 9,00,000 - ₹ 12,00,000 per year

*What We Offer:*At TaskUs, we prioritize our employees' well-being by offering competitive industry salaries and comprehensive benefits packages. Our commitment to a People First culture is reflected in the various departments we have established, including Total Rewards, Wellness, HR, and Diversity. We take pride in our inclusive environment and positive impact on the community. Moreover, we actively encourage internal mobility and professional growth at all stages of an employee's career within TaskUs. Join our team today and experience firsthand our dedication to supporting People First.

The Payroll Specialist position covers the following responsibilities, but not limited to:

  • Generate and send reports to Operations for exceptions and items to be corrected for payroll transmission.
  • Review and process payroll discrepancies and complete entries in payroll system accordingly.
  • Coordinate with agencies for tax and social insurance reporting and payments.
  • Coordinate issue resolution with payroll vendor regarding payroll processing, changes and or inquiries.
  • Maintain payroll records current with relevant pay period data for auditing and reference purposes in compliance with local regulation requirements for record retention and handling of private and sensitive data.
  • Participate in gathering of Payroll information for the different business.
  • Collect and Validate payroll data in Payroll Register matches information submitted to vendor or what was entered in the payroll system as applicable.
  • Complete multiple validation reports to ensure Gross to Net is calculated properly for each payroll run.
  • Process full & final settlements, leave encashments, and gratuity calculations.
  • Ensuretimelypayments of statutory dues such as PF, ESI, Professional Tax, TDS, Gratuity, and Labour Welfare Fund.
  • Process off cycle payments.
  • Participate in payroll orientation for new hires.
  • Process year end and annual tax reconciliation and preparation of employee and employer tax returns.
  • Identify root cause and assist in proposing solutions to payroll impacting issues.
  • Reconcile and verify timely and accurate payroll tax and contribution payments are done.
  • Communicate and contribute to providing data to key business owners such as Human Resources, Finance, Operations and other approved contacts.
  • Reconciling payroll registers vs bank account transactions and accounting entries.
  • Strong English proficiency skills and highly proficient in Excel and Gsuite.

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