Payroll Analyst

The Payroll and Benefit Reconciliation Specialist is responsible for ensuring the accuracy and integrity of payroll and employee benefit records through regular data reconciliations. This role supports payroll processing, benefits administration, variance analysis, and compliance with company policies and regulatory requirements. The position requires strong analytical skills, attention to detail, and cross-functional collaboration.

Service Delivery

• Payroll Data Reconciliation:

  Perform routine and periodic reconciliations between payroll records, bank statements, general ledger accounts, and HR systems. Identify and investigate discrepancies or variances in gross pay, deductions, taxes, and net pay.

• Benefit Reconciliation Support:

  Reconcile benefit enrollments, deductions, and employer contributions (e.g., health insurance, retirement plans, flexible spending accounts) with payroll outputs and benefit provider statements

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• Discrepancy Resolution:

  Investigate variances, research root causes, and collaborate with payroll, HR, and benefits teams to resolve inconsistencies in a timely manner.

• Transaction Processing:

  Assist in processing manual adjustments, corrections, or updates for payroll and benefits as identified through reconciliation efforts.

• Compliance & Audit Readiness:

  Ensure reconciliation documentation and processes comply with internal controls, company policies, and regulatory requirements. Support audit activities with accurate records and prompt responses to queries.

• Reporting & Documentation:

  Prepare and maintain accurate reconciliation reports, schedules, and supporting documentation. Communicate findings and status updates to supervisors or management.

• Process Improvement:

  Identify process gaps or opportunities for efficiency and quality improvements in payroll and benefit reconciliation activities. Participate in projects to streamline workflows or implement new tools.

• Stakeholder Collaboration:

  Work closely with HR, payroll, benefits, accounting, and external vendors to ensure data accuracy and timely issue resolution.

Support to Team Lead

Support Team Lead (as required) in areas such as:

• Operational Excellence
• Process Improvements
• Reporting
• Client Management / Escalations

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Experience

Qualifications

• Education:

Bachelors degree in accounting, Finance, Business Administration, or a related field.

• Experience:

  2–4 years in payroll, benefit administration, general accounting, or HR operations, with hands-on reconciliation experience.

• Technical Skills:

  Proficiency with payroll/HRIS systems and Microsoft Excel. Familiarity with data analysis tools and basic reporting.

• Accuracy & Attention to Detail:

  High level of accuracy in data entry, reconciliations, and documentation.

• Communication:

  Clear verbal and written communication skills for coordinating with employees, vendors, and team members.

• Problem-Solving:

  Ability to resolve discrepancies and address payroll issues efficiently.

• B. Com / BBA / BMS or similar three-year graduate course