12 Nov
|
VERIFONE INDIA TECHNOLOGY PRIVATE
|
Bengaluru
12 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 strong analytical capabilities, exceptional attention to detail, and the ability to manage multiple priorities in a quick-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.
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• 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
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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.
• Strong 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