Lead Specialist Payroll

1 day ago

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

About us:

As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers.

Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values different voices and lifts each other up. Here, we believe your unique perspective is important, and you'll build relationships by being authentic and respectful.

Overview about TII

At Target, we have a timeless purpose and a proven strategy. And that hasn't happened by accident. Some of the best minds from different backgrounds come together at Target to redefine retail in an inclusive learning environment that values people and delivers world-class outcomes. That winning formula is especially apparent in Bengaluru, where Target in India operates as a fully integrated part of Target's global team and has more than 4,000 team members supporting the company's global strategy and operations.

Job Summary:

The Lead Payroll Specialist is responsible for accurately managing both non-exempt and exempt payroll for the Target US Team while ensuring strict compliance with all applicable federal and state payroll regulations.

Primary Responsibilities:

  • Execute and process payroll runs with 100% accuracy and timeliness, ensuring all employees are paid correctly and on schedule.
  • Process garnishment orders and ensure accurate and timely deduction in compliance with federal and state regulations.
  • Perform calendar-based activities and maintain effective communication with agencies, courts, and vendors to ensure smooth garnishment processing and compliance.
  • Perform reconciliations for accounts payable and withholding balances for garnishments accounts, ensuring accuracy and prompt resolution of any discrepancies.
  • Maintain proper documentation and audit trails for all garnishment-related activities.
  • Support internal and external audits by providing necessary garnishment data and reports.
  • Perform detailed audits on payroll reports, promptly identifying and resolving errors before paycheck issuance.
  • Monitor and respond to all payroll-related requests within a service level agreement (SLA).
  • Maintain comprehensive knowledge of US payroll policies, federal and state labor laws, and regulatory compliance, applying them consistently in daily operations.
  • Collaborate with subject matter experts and the HQ team to maintain and update payroll process documentation.
  • Support special projects, including year-end payroll activities and system downtimes, demonstrating flexibility in adapting to workload variations.
  • Foster positive working relationships within the team to build credibility and ensure seamless payroll operations.

Qualifications:

  • Bachelor's degree in accounting, Business, Human Resources, or a related field.
  • Minimum 2+ years of hands-on payroll experience and preferred in Garnishments with thorough knowledge of federal and state payroll regulations.
  • Proficient in Microsoft Excel, Word, and PowerPoint.
  • Strong attention to detail, professional communication skills, and ability to maintain confidentiality.
  • Demonstrated problem-solving skills and ability to analyze payroll data to support business decisions.
  • Willingness to work extended hours as required during critical periods.

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