Payroll Specialist - Outsourcing | Bangalore

About the Team

Our vision is to create a global HCM platform, augmented with a suite of AI apps to reimagine 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