12 Oct
|
Modern Growth Technologies
|
New Delhi
12 Oct
Modern Growth Technologies
New Delhi
Responsibilities
- Process end-to-end payroll for UK employees accurately and within defined timelines.
- Verify payroll inputs including new joiners, leavers, salary revisions, bonus calculations, overtime, and deductions.
- Prepare and validate bonus workings (quarterly/annual) in coordination with HR and management.
- Manage employee reimbursements, validate claims, and ensure timely processing through payroll or accounts payable.
- Ensure compliance with UK and US payroll legislation and statutory requirements.
- Calculate taxes, social security contributions, pensions, and other statutory deductions.
Treasury & Banking Responsibilities
- Liaise with banks for payroll funding, payment processing, and issue resolution.
- Manage payroll-related bank transactions and ensure timely salary disbursements.
- Coordinate with banks/intermediary banks on payment delays, rejections, and trace requests.
- Monitor bank accounts to ensure sufficient funds availability for payroll processing.
- Handle payment confirmations, track transfers, and ensure funds are credited to beneficiary accounts.
- Work closely with treasury team on cash flow planning related to payroll.
- Support in resolving banking discrepancies and payment-related queries.
Reconciliation & Accounting
- Perform bank reconciliations for payroll accounts and investigate discrepancies.
- Reconcile payroll reports with the General Ledger and resolve variances.
- Prepare payroll journals, variance analysis, and monthly payroll reconciliations in Xero or similarsystems.
- Assist in month-end and year-end close processes related to payroll and treasury.
Coordination & Compliance
- Coordinate with HR, Finance, Treasury, and external payroll providers.
- Handle employee payroll queries related to salary, tax deductions, perks, bonuses, and reimbursements.
- Maintain payroll records ensuring strict confidentiality.
- Support payroll audits and statutory reporting requirements.
Required Skills
- Hands-on experience in UK payroll processing.
- Strong understanding of payroll legislation and statutory compliance.
- Experience in bank liaisoning, treasury operations, and payment handling.
- Strong knowledge of bonus processing and employee reimbursement workflows.
- Advanced Excel skills (VLOOKUP, XLOOKUP, Pivot Tables, IF, SUMIF, data validation,basic macros preferred).
- Knowledge of bank reconciliation, payroll accounting, and General Ledger processes.
- Experience working with Xero or similar accounting software.
- Excellent communication and stakeholder management skills.
- High attention to detail and accuracy.
📌 Uk Payroll Executive (New Delhi)
🏢 Modern Growth Technologies
📍 New Delhi