Job Summary
Responsible for managing and overseeing the organization's payroll & administrative functions. This role requires a strong understanding of payroll processes, compliance with relevant laws and regulations, and effective communication with employees and external stakeholders. The individual will play a crucial role in ensuring accurate and timely processing of payroll, addressing payroll-related queries, and implementing improvements to enhance efficiency.
Key Responsibilities
Payroll Processing
- Execute end-to-end payroll processes, including data input, calculations, and validation.
- Ensure accurate and timely disbursement of employee salaries, bonuses, and other related payments.
- Validate time and attendance records to ensure precision in payroll calculations.
- Collaborate with various departments to gather necessary payroll inputs and updates.
Compliance and Legal Adherence
- Stay updated on labor laws, tax regulations, and other relevant legislation affecting payroll.
- Ensure payroll processes comply with local, state, and federal regulations.
- Prepare and submit statutory reports and filings related to payroll taxes and other mandatory contributions.
Data Management
- Maintain accurate and up-to-date employee records in the payroll system.
- Manage employee changes, such as promotions, transfers, and terminations, ensuring timely and accurate updates in the payroll system.
Communication and Support
- Respond to employee inquiries related to payroll, taxes, and deductions.
- Provide guidance and support to employees on understanding their pay statements.
- Collaborate with the HR team to conduct payroll-related training sessions for employees.
Process Improvement
- Identify opportunities for process improvement and automation within the payroll function.
- Work with relevant stakeholders to implement changes aimed at increasing efficiency and accuracy.
Audit and Reporting
- Conduct regular audits of payroll data to ensure accuracy and compliance.
- Generate and analyze payroll reports for management and finance teams.
Qualifications and Skills
- Bachelor's degree in Human Resources, Finance, or a related field.
- Proven experience in payroll processing and administration.
- Strong understanding of payroll regulations, tax laws, and compliance requirements.
- Proficient in using payroll software and MS Office applications.
- Excellent attention to detail and accuracy.
- Strong organizational and time-management skills.
- Effective communication and interpersonal skills.
- Ability to handle sensitive and confidential information with discretion.
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