Payroll Specialist
1 week ago
About the Team
Our vision is to create a global HCM platform, augmented with a suite of AI apps to re-imagine the power of talent management. To accomplish this, we are building a highly motivated team, having right mix of curiosity, expertise, and stamina to transform the space
Position Overview:
We are seeking detail-oriented and customer-focused professionals to join our team as Payroll Processors/Executives. The ideal candidates will be responsible for managing payroll processes, ensuring compliance, and providing excellent service to our clients.
Key Responsibilities:
- Process and coordinate payroll and related procedures with high accuracy
- Apply in-depth knowledge of benefits, compensation principles, income tax, and retirement plans
- Maintain and update HRMS master data, with a focus on non-financial data integrity
- Ensure compliance with statutory requirements related to payroll, including PF, ESI, Professional Tax, LWF, and TDS
- Conduct thorough reconciliation between Paybooks application outputs and input data
- Perform variance analysis to ensure payroll accuracy
- Manage annual compliance reporting for salary-related statutory requirements
- Address and resolve employee queries promptly and effectively
- Review and approve changes in employee records, including exemptions, insurance coverage, savings deductions, job titles, and departmental transfers
- Compile comprehensive reports on earnings, taxes, deductions, leave, disability, and non-taxable wages
About Paybooks
Paybooks is on a mission to make HCM & payroll simple and delightful for businesses. Since 2012, we have helped 3,000+ businesses across India in automating their payroll, staying compliant with laws, and delighting their employees. Paybooks is a part of TransPerfect family of companies, the world's largest provider of language and technology solutions for global business with offices in more than 100 cities worldwide.
Job requirements:
- MBA in Human Resources or bachelor's degree in commerce
- Experience levels: 2+ to 5 years
- Minimum 1 year of experience in technical support with domestic clients
- Excellent verbal and written communication skills
- Strong client relationship management abilities
- Comprehensive knowledge of Indian HR and Payroll domains
- High degree of patience and problem-solving skills
- Proficiency in MS Excel
- Ability to perform under pressure during peak periods (month-end, quarter-end, and year-end)
- Should develop in-depth product knowledge to do product fitment gap analysis between client's requirement and product features and functionalities
- The ideal candidate will demonstrate a strong attention to detail, adaptability, and a commitment to maintaining the highest standards of accuracy in all payroll-related tasks.
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