Payroll Officer
14 hours ago
Job Description Payroll Officer
Key Responsibilities:
- Ensure end-to-end payroll processing is accurate, complete, reconciled, audited, and delivered on time.
- Identify and resolve payroll discrepancies and employee pay issues in a timely manner.
- Audit and reconcile payroll data, including employee attendance, work hours, and variable components.
- Ensure compliance with company policies, legal requirements, and industry standards.
- Administer voluntary deductions, bonuses, commissions, merit increases, adjustments, and equity payments.
- Process payments related to new hires, terminations, and leaves of absence in compliance with statutory laws.
- Manage off-cycle payrolls, reversals, stop payments, and manual checks efficiently.
- Conduct regular payroll audits (daily, weekly, monthly, quarterly, and annual) and generate corresponding reports.
- Oversee retiree payroll management using the organization's retirement systems.
- Foster a customer-focused approach through effective communication and issue resolution.
- Participate in best-practice forums, continuous improvement, and knowledge-sharing initiatives.
- Support annual and periodic HR activities, including audits, pay reviews, and bonus processes.
- Run and validate HR reports, prepare compensation-related letters, and ensure process accuracy.
- Collaborate with stakeholders to implement and optimize new payroll tools and technologies.
- Maintain data privacy compliance and adhere to all relevant security protocols.
- Support HR in performance, benefits, and compensation review processes as needed.
- Perform other payroll and HR-related duties as assigned.
Qualifications & Requirements:
- Education: MBA/PGDM or Graduate degree in Finance or related field.
- Experience: 4–5 years of hands-on experience in Payroll Management and HR Analytics.
- Strong knowledge of the employee life cycle, payroll systems, reporting, and analytics tools.
- Detail-oriented, process-driven, and proactive, with strong problem-solving skills.
- Proven ability to make decisions independently within established guidelines and policies.
- Excellent communication, interpersonal, and presentation skills.
- Ability to work effectively across diverse teams, functions, and cultures.
- Proficient in Microsoft Office (Excel, PowerPoint, Word) and comfortable with HR/payroll software.
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