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Payroll Specialist - India & Philippines Payroll

3.00 to 7.00 Years   Bangalore   06 Dec, 2022
Nasdaq
Job LocationBangalore
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

Job Description

    Position Responsibilities:Manages relations with outsource payroll vendors for national and international employees, verifies attendance, hours worked, pay adjustments and posts information onto designated records independentlyHands on Experience in handling end to end payroll process for India and backup for& PhilippinesExperience in Australia payroll is desirableGood knowledge of all the statutory remittances and filings related to India & PhilippinesCollate monthly Payroll changes from all departments, e.g. recruitment for new hires, HR, shares with payroll vendors, do checks for calculations madeVerifies / control employee information, such as exemptions, transfers, and resignations, in order to have accurate and up-to-date payroll recordsComplete validation of various payroll output files to ensure the accuracy of payroll, transferring salaries to employees as per the SLA and submitting accounting entries on timely mannerTakes an active part in special projects such as the implementation of new systems, upgrades, and integrations, also new payroll integration/disintegration in case of acquisitions/divestituresMaintaining periodic reviews, audits, and implements recommendations to adhere to state, country and international authorities/regulatorsMaintains and updates existing payroll processes and proceduresParticipates in vendor management process: constant review of service quality, follow-up calls with vendors, escalation of issuesAnalyzes and creates financial reports for senior management and other departments as neededActs as a contact for providing evidence, responding to internal/external auditors requestsActively escalates, responds, reacts to daily payroll related queries, and cooperates with other departmentsParticipates in month-end closing activities and closely cooperates with other departmentsHandling employee queries as per the SLAEnsuring timely remittances of statutory payments and filings respectivelyRequirements:At least 5 years of relevant Payroll Professional experience and accounting competenceIncluding proven experience on payroll processing/handling in India and Philippines payroll. Experience in Australia payroll would be added advantageExperience in Australia or other APAC countries Payroll, will be considered as a benefitProblem solving natureStrong communication skills across different culturesExcellent knowledge of MS Office, MS Excel in particularExcellent language skills in written and spoken EnglishIndividual contributor and good team playerAbility to work under tight deadlinesGraduate or Post Graduate degree in Accounting, Finance, HR or equivalentUseful skills:Team workTeamworkQuick reaction and proactivity in raising questions/ escalating issues / daily activitiesWorking experience in shared service centers is preferableKnowledge and understanding of financial processes, financial systemsIdentification of internal customers needs and issues by asking the right questions. Flexibility and openness when receiving suggestions and feedback,

Keyskills :
accrualspayroll processingreportingpayroll

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