Payroll Specialist

Promaynov Advisory Services Pvt. Ltd; Maharashtra; On-site; INR 360,000 - 720,000; Full time

Job summary

Promaynov Advisory Services Pvt. Ltd. in Maharashtra seeks a Payroll Specialist to process, validate and deliver accurate pay to employees across entities.

You will maintain records, ensure deductions and reporting comply with local requirements, and work with HR and vendors to prioritize information needs. Reporting to Finance Operations, you will handle mid-month, semi-monthly and monthly payroll, prepare journal entries, and support audits and statutory filings.

Qualifications

• Bachelor's degree required (finance/accounting preferred).
• 3–5 years of end-to-end payroll knowledge preferred.
• Strong customer service and communication abilities demonstrated.
• Familiarity with payroll concepts and local regulations desirable.

Responsibilities

• Serve as payroll focal point for payroll-related matters and coordinate with HR, vendors, and government registrations.
• Provide excellent service to employees addressing payroll queries and concerns.
• Convert and prepare employee data (new hires, changes) and submit payroll instructions on time.
• Review and approve mid-month, semi-monthly, and monthly payroll per frequency.
• Coordinate funding, remit taxes and statutory benefits to the government or third-party providers.
• Prepare journal entries and ensure timely payroll processing.
• Oversee end-to-end off-cycle and special payroll processing; support year-end processing.
• Assist in payroll audits and related engagements; support statutory filings.

Skills

Interpersonal skills

Communication skills

Organizational skills

Customer service

Education

Bachelor's Degree

Job description

Payroll Specialist

Responsible for processing, validation, and produce accurate pay to employees' in accordance to the instructions and adjustments provided by HR. The payroll specialist should maintain accurate records and data, and ensure that payroll deductions and reporting comply with the local requirements in country. Work closely with Payroll Manager, Payroll Deputy and third party vendor to prioritize business and information needs.

Job Description -

Payroll Specialist

Responsible for processing, validation, and produce accurate pay to employees' in accordance to the instructions and adjustments provided by HR. The payroll specialist should maintain accurate records and data, and ensure that payroll deductions and reporting comply with the local requirements in country. Work closely with Payroll Manager, Payroll Deputy and third party vendor to prioritize business and information needs.

Reports to a Finance Operation Team Lead and is responsible for the accurate and timely processing, validation and pay of employees multiple legal entities located in various countries within the EMEA Region per the instructions and adjustments provided by HRES counterpart and per the requirements of law.

What will your job look like?

• Serves as counties/entities payroll focal point for payroll related matters and liaise/collaborate with HR partners, third party vendors, government registrations and the like.
• Provide excellent customer service to employees attending to their payroll queries and concerns.
• Manually convert and prepare employee data (new hire, changes, etc.), validate and submit mid-month, semimonthly and monthly via the agreed template/form/interface payroll instructions to the payroll vendor per the timeline agreed in the payroll calendar.
• Conducts comprehensive review and approve mid-month, semi-monthly and monthly payroll per the defined payroll frequency.
• Coordinate funding requirements and pay net salary, remit tax and statutory benefit (s) to the government agency and/or thru a third-party provider.
• Prepare journal entry (s) related to payroll and record timely and accurately.
• Ensure timely execution of payroll
• Manage end to end off-cycle and special payroll processing.
• Ensure accurate and timely execution of year-end processing.
• Administer and/or support audit engagement.
• 11. Administer and/or support payroll/audit related service engagement (s) needs and invoices.
• Support statutory filing and payment related to payroll tax, social insurance, provident fund, and the like, as appropriate.
• stablish and update, as necessary, process documentation (e.g., process maps, job aids and the like).
• Maintain and safekeep payroll relevant documents in accordance with law.
• Initiate and support process-related automation and improvement initiatives.
• Assist in new acquisition (MI) transition and implementation.
• Good communication and resolve the employee queries
• Familiar with Payroll concept and accounting.

Qualifications -

• Bachelor's Degree Graduate.

3 to 5 years of working knowledge of e2e payroll and best practices, preferably finance and accounting graduate.

Strong interpersonal (verbal and written) communication skills.

Strong organizational, time management and prioritisation abilities.

Strong customer service capabilities