Better - Payroll Specialist

Better is redefining homeownership and making it simpler, faster—and most importantly—more accessible for everyone. We leverage technology and expertise to find ways that we can make the homebuying journey more approachable and understandable.

- Right now, we are funding over $1.5 billion in home loans per month

- We have funded over $14 billion in loans and $3.5 billion in insurance

- We ranked #11 on Fortune’s Best Places to Work in Financial Services 2020

- Our Founder and CEO was named in Comparably Top 25 CEOs for Diversity

- We were listed to Forbes’ FinTech 50 2020

- And #15 on the 2020 CNBC Disruptor 50

- We have secured over $254 million from our investors to date

Our company is made up of driven, passionate people who bring their unique backgrounds and perspectives to everything we do, and we are committed to fostering diversity, multiculturalism, and inclusion. We see the perspectives that each person brings and a diverse workforce as essential for individual and collective success. We believe it’s important to foster a company culture that encourages curiosity and passion—from employee resource groups and learning opportunities to team outings and community outreach.

The Better mission is rooted in values that drive us.

Role and Responsibilities :

- Coordinate with various stakeholders for payroll & offboarding inputs/documents for 500+ employees

- Assuring proper Statutory Calculations for Salary processing, Tax Calculation independently

- Worked on process improvements to ensure efficiency through automating functions and timely deliverables.

- Responsible for Designing Compensation Structures in lines with annual Increment policy of the Company.

- Compile and reconcile payroll inputs and process payroll

- Well updated on Statutory Compliance, PF and ESIC calculations.

- Coordinate with accounting and finance team to arrange payroll funds - Complete employer obligations around tax filing and other regulatory reporting.

- Ensure to share payroll reports to respective stakeholders (Finance, HR etc.)

- Actively participate in Tax Year-end activities to meet regulatory timelines

- Adapt at handling large volumes of data and work in a deadline driven environment

- Design and manage on-boarding and off-boarding processes

- Administer HR policies and procedures

- Administer compensation and benefits, and ensure compensation and benefits are in line with company policies and legislation

- Implement and monitor performance management system

- Handle employee complaints, grievances and disputes

- Maintain knowledge of legal requirements and government reporting regulations affecting HR functions

Requirement :

- Proven experience of 3-5 years as payroll specialist or payroll lead.

- Solid understanding of accounting fundamentals and payroll best practices

- Very good knowledge of legislation and regulations of the field

- Proficient in MS Office and good knowledge of relevant software (e.g. Kronos, Payforce) and databases

- Trustworthy with attention to confidentiality

- Outstanding organizational ability with great attention to detail

- Excellent communication skills

- Any Graduate/ Post-graduate in business, accounting or relevant field is a plus

Better is an equal opportunity employer. We do not discriminate based on race, color, religion or religious creed, sexual orientation, gender, gender identity, marital status, family or parental status, disability, military or veteran status, or any other basis protected by law. All employment decisions at Better are based on a person’s merit, business needs, and role requirements.

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