Week 39/52 '2023 /HR- Payroll Specialist

[Dikshitha HR]

Job description
Role & responsibilities

Ensure master data update in payroll management suite and ensure check/control on financial and non-financial data.
Variance analysis of payroll and other accruals.
Generate monthly/annual compliance report related to salaries.
Employee queries resolution.
Maintain payroll information by directing the collection, calculation, and entering of data, process improvements and (re)designing systems.
Update payroll records by reviewing and approving changes in exemptions, insurance coverage, savings deductions, and job titles, and department/division transfers.
Salary disbursal by issuance of Bank Letters or electronic transfers to bank accounts.
Prepare reports by compiling summaries of earnings, taxes, deductions, leave, disability, and nontaxable wages.
Determine payroll liabilities by approving the calculation of employee income and social security taxes, and employers social security liability, and workers’ compensation payments.
Balance the Payroll with Accounts by resolving payroll discrepancies on monthly basis.
Maintain payroll guidelines by writing and updating policies and procedures.
Comply with Government and State local legal requirements by studying existing and new legislation; enforcing adherence to requirements; advising management on needed actions.
Maintain employee confidence and protects payroll operations by keeping information confidential.
Complete operational requirements by scheduling and assigning employees; following up on work results.
Manage reimbursement data related to respective Heads in Payroll.
Contribute to team effort by accomplishing related results as needed.

Interested candidates may share their resumes on dhruv.mtc@mtcgroup.in

Role: Compensation & Benefits - Other
Industry Type: Petrochemical / Plastics / Rubber
Department: Human Resources
Employment Type: Full Time, Permanent
Role Category: Compensation & Benefits
Education
PG: MBA/PGDM in HR/Industrial Relations