Role
The Payroll Specialist provides a range of expert services to support effective execution of payroll, policies and projects. The primary responsibility of the position is the quality assurance of the payroll process, including coordinating information inputs and outputs with all involved parties.
- Update all pay components / benefits
- Quality assurance and review of payroll
- If applicable, vendor management through SLA and KPI metrics, as well as continuous improvements
- Support internal and external audits
KEY DUTIES/RESPONSIBILITIES:
- Prepares the monthly payroll calendar and communicates to all parties involved in the payroll process.
- Inputs variable pay data into the payroll system for inclusion with the next pay cycle.
- Verifies the accuracy of the payroll prior to releasing payments including month over month variance analysis, and reviewing employee master data changes focusing on starters, leavers, name, address, etc.
- Forwards payroll payment supporting documentation
- If pay slips not delivered electronically, follows local process to approve, distribute, and/or archive paper pay slips.
- Reconciles and prepares PF, ESIC, PT, statutory taxes and income, or other statutory reports if required.
- Ensures that all payroll-related controls are followed and updates local process narratives on a regular basis or when there are changes to the payroll processes.
- Provides timely response to all queries related to employee salary and reimbursements
- Participates in payroll projects on payroll practices, regulations, and compliance.
Didn’t find the job appropriate? Report this Job
Download the iimjobs app to
apply for jobs anywhere, anytime
Download on
App Store
Get it on
Google Play
Scan to Download