11 Nov
|
VERIFONE INDIA TECHNOLOGY PRIVATE
|
Bengaluru
11 Nov
VERIFONE INDIA TECHNOLOGY PRIVATE
Bengaluru
What's exciting about the role The Payroll Specialist will be responsible for managing end-to-end payroll operations, ensuring accurate and timely employee compensation across multiple countries within the APAC region. This role plays a critical part in maintaining payroll compliance, supporting operational excellence, and collaborating with internal and external stakeholders to deliver a seamless employee experience. The ideal candidate will possess robust analytical capabilities, exceptional attention to detail, and the ability to manage multiple priorities in a fast-paced environment.
Key Responsibilities:
The Payroll Operations
- Manage and execute end-to-end payroll processes for India and multiple APAC countries, including monthly, quarterly, and annual payroll cycles.
- Ensure compliance with country-specific payroll regulations, statutory requirements, tax laws, and reporting obligations across jurisdictions.
- Maintain and update payroll master data, including employee onboarding, offboarding, and employment changes.
- Process payroll inputs accurately, including earnings, deductions, allowances, bonuses, leave adjustments, and other variable compensation elements.A
- Administer employee stock option plan (ESOP) reporting and support payroll processing for international assignees, including expatriate shadow payroll.
- Prepare and submit payroll-related reports for government agencies, tax authorities, pension schemes, and finance teams.
- Generate monthly General Ledger (GL) reports and support payroll reconciliations and accounting activities.
- Ensure timely processing and filing of statutory contributions and deductions, including Income Tax, Provident Fund (PF), Professional Tax (PT), Labour Welfare Fund (LWF), and other regulatory requirements.
- Manage investment declarations, proof verification, e-TDS filings, and employee queries related to payroll and benefits.
- Handle payroll system interfaces, including file imports, exports, troubleshooting, and issue resolution.
- Support annual compensation activities, including bonus payouts, salary reviews, and merit cycles.
Compliance and Controls
- Maintain strong financial and operational controls, including SOX compliance and country-specific governance requirements.
- Ensure payroll processes adhere to internal policies, external regulations, and audit standards.
- Monitor payroll accuracy and implement corrective actions when required.
Vendor Management
- Act as the primary liaison for outsourced payroll vendors and service providers.
- Manage vendor performance through KPI tracking, SLA reviews, issue escalation, and regular service governance meetings.
- Support payroll vendor transition and implementation projects where applicable.
Employee Support and Continuous Improvement
- Respond to employee payroll inquiries through ServiceNow and other support channels, ensuring a high level of customer service.
- Drive continuous improvement initiatives to enhance payroll efficiency, accuracy, and employee experience.
- Identify process automation opportunities and implement employee-centric payroll solutions.
Stakeholder & Vendor Management
- Build strong relationships with internal stakeholders to understand business requirements and provide payroll-related guidance and support.
- Communicate process updates, policy changes, and payroll enhancements effectively across the organization.
- Collaborate with HR, Finance, Tax, and external service providers to ensure seamless payroll operations.
- Facilitate stakeholder governance meetings to maintain transparency, alignment, and service excellence.
Required Experience and Skills
- Education: MBA in Finance; or Bachelor's or Master's degree in Commerce, Finance, Accounting, or a related discipline
- 8-10 years of payroll experience, including multi-country APAC payroll operations and payroll systems expertise.
- Robust knowledge of payroll legislation, statutory compliance, tax regulations, and payroll administration processes.
- Experience managing expatriate and international assignee payroll, including shadow payroll.
- Proficiency in Workday, ServiceNow, and payroll vendor management, including payroll transformation or transition projects.
- Strong analytical, numerical, and problem-solving skills with exceptional attention to detail and accuracy.
- Excellent communication and stakeholder management skills, with experience in Shared Services environments and a focus on customer service, continuous improvement, and operational excellence.
Preferred Qualification
- Advanced proficiency in Microsoft Office applications, particularly Excel.
- Experience supporting organizational change management and user adoption initiatives.
- Proven ability to collaborate with cross-functional and geographically dispersed teams.
- Familiarity with payroll process optimization and automation initiatives.
📌 Payroll Analyst (Bengaluru)
🏢 VERIFONE INDIA TECHNOLOGY PRIVATE
📍 Bengaluru