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Executive – India Payroll

3 years ago   Human Resources   Hyderabad   576 views Reference: 6765
Job Details

We are currently seeking an experienced professional to join our team in the role of Payroll Officer

Department Overview of India Payroll Operations

  • India Payroll Operations is part of HR Offshore Delivery Services. Team delivers Payroll Operations for 36000+ employees across 7 entities in India.

Roles & responsibilities

Responsible for Payroll Input audits, Final Settlement processing, payroll query management. The agent should have strong working knowledge of India payroll and statutory requirements

  • Support team in managing centralized in-house payroll operations for over 26000 plus employees located at different cities in India
  • Thorough working knowledge on India Payroll statutory management i.e. PF, ESIC, PT, IT, Statutory Bonus, Gratuity, EDLI etc.
  • Assists in the operation of the Payroll section to ensure all transactions are processed within organizational timescales and procedures.
  • Ensure to reconcile and effectively control the accounts affecting Payroll on a monthly basis & preparing necessary provisions for foreseeable payments
  • Ensure that staff queries are addressed and resolved in a timely manner reflecting the high level of customer service
  • Maintain HSBC internal control standards, including the timely implementation of internal and external audit recommendations
  • Keeping a proactive approach to problem solving & securing outcomes that are in agreement with the organization’s policy
  • Provide service to customers by focusing on resolving requests efficiently, accurately, and professionally
  • Identify and escalate potential showstoppers.
  • Issues / problems are effectively investigated and resolved or are appropriately referred with recommendations
  • Contribute to the team effectively and manage for value at all times.
  • Participate in development of cohesive teams and support achievement of team objectives.
  • Exhibit ownership of the business.
  • Perform full-cycle processing using an integrated HRIS / Payroll system, including processing and maintenance of pay earnings and deductions, off-cycle processing, disbursement of payments, generation and distribution of reports to key stake holders, and maintenance of paper and electronic records.

Qualifications

Requirements

  • 3 to 4 years of experience in managing India Payroll operations in an In-house model
  • Experience in managing India payroll for a multinational, multi-site employer (5,000+ employees)
  • Familiarity of HR systems / databases (including Success Factor - EC / HRMS)
  • Thorough knowledge of Statutories and Taxation
  • Proficient user of Microsoft Office (including Word, Excel-advanced user to include pivot tables and formula functions)
  • Skilled in producing reports with Excel
  • Accuracy and detail oriented, able to quickly spot errors in data and respond with clarification and explanation
  • Excellent interpersonal and communication skills (Verbal & Written)
  • Time management and ability to meet deadlines
  • Knowledge of and experience in planning and organizing techniques
  • Team Player across immediate team, client and across HR function.
  • Ability to process administrative tasks and manage own responsibilities with minimal supervision
  • Ability to learn quickly and transfer knowledge appropriately
  • Knowledge of and experience in problem solving techniques
  • Ability to perform in high-pressure environment should be effective in a flexible work environment.
  • Ability to adapt to a fast paced continually changing and deadline-driven business and work environment while managing multiple priorities


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Company Description
For more than 150 years we have connected customers to opportunities. We enable businesses to thrive and economies to prosper, helping people to realise their ambitions. Today, we serve more than 40 million personal, wealth and corporate customers worldwide in 64 countries and territories.The experiences of the past century and a half have formed the character of HSBC. A glance at our history explains why we believe in capital strength, in strict cost control and in building long-term relationships with customers.