Senior Payroll Analyst

3 months ago


Bengaluru, India Raytheon Technologies Full time

Unspecified

Job Title:- Payroll Analyst – P2

Payroll Analyst is responsible for day to day payroll activities and completion of timely and accurate payrolls as assigned. Help team in day to day payroll activities under supervision which includes data collation, generating reports, follow-ups etc. Researches and resolves basic payroll and/or tax withholding, pay deposit or reporting issues. He / She may perform some vendor management activities where applicable. 

Major duties:  

Performs daily payroll activities to ensure timely and accurate payroll activities of assigned payrolls. Responds to payroll enquiries using systems or 3rd party resources to explain pay, adjustments to pay and impact of policies, tax laws and related changes.  Working with offshore payroll team to facilitate knowledge transfer and acquires knowledge of other team member’s payroll activities. Ensuring completion of all tasks to support payroll processing and complete sign-off schedule for review ensuring any exceptions and outstanding tasks are documented. Detailed focus on quality, accuracy, and timeliness of payroll related activities as assigned Serve as subject matter expert (SME) of payroll processes Work closely with other Teams to ensure that the information received from Business HR / finance teams are loaded and captured correctly in payroll system. Reviewing and reconciling Interface reports from Workday Working with vendor to ensure accurate payroll delivery for the payrolls assigned.

Competencies Required:

Ability to work independently and with minimal supervision Ability to work with a sense of urgency when required and uphold deadlines Ability to handle highly sensitive and confidential information relating to payroll and HR activities Comprehensive and working knowledge of payroll systems Strong interpersonal skills Problem solving , Eye for detail, should be flexible to work in pressure Ability to analyze and develop efficient processes and procedures Strong analytical, problem solving, and time management skills & ability to prioritize responsibilities Understanding of Payroll and HR legislation and processes (ie. interpretation of awards and legislation, tax) Establishing working relationships with key HR/Finance professionals in-country as well as payroll vendors Escalating issues to the appropriate level when required 

Qualification, Knowledge & Experience Required:  

Any graduate from any recognized university with 5-7 years of relevant experience in India payroll operations with good understanding of statutory & labor laws. Knowledge/experience in SAP and Workday or any HRIS system
Knowledge/experience in processing APAC payroll is desired. Attention to detail, ability to work as a team member and independently.  Expertise to deliver within defined Turnaround Time. Proficient working knowledge of MS Excel, PowerPoint 

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