About Incedo
Incedo is a US-based consulting, data science and technology services firm
work with industry leading client organizations, deep technology and domain experts, and global teams
Role Description: Payroll Executive F&A Operations
end-to-end payroll processing and accounting
Role and responsibilities:
Payroll Processing:
- Process monthly payroll for employees in accordance with company policies and statutory requirements.
- Collect, validate, and upload inputs such as attendance, leaves, overtime, incentives, reimbursements, and deductions.
- Ensure compliance with labour laws and statutory obligations including retirement benefits and withholding taxes/ TDS, and other applicable regulations.
- Prepare and reconcile payroll reports, salary registers, and bank transfer statements.
- Manage payroll queries from employees and provide timely resolution.
- Coordinate with HR, Finance, and external vendors (if applicable) for smooth payroll operations.
- Maintain confidentiality and integrity of employee data.
- Assist in annual activities like bonus calculation, increments, full & final settlement, and income tax proofs.
- Support internal and external audits with payroll-related documentation.
Payroll accounting:
- Post payroll journal entries including salaries, wages, allowances, overtime, incentives, and statutory deductions.
- Reconcile payroll-related balance sheet accounts such as salaries payable, retirement benefits, leave encashment, professional tax (PT), and WHT/ TDS.
- Ensure timely booking of employer contributions and statutory dues.
- Coordinate with HR, Finance, and external vendors (if applicable) to validate payroll reports before accounting entries.
- Perform month-end and year-end payroll accruals for unpaid salaries, bonuses, and incentives.
- Support preparation of payroll-related MIS and analysis for management (cost by department, overtime trends, etc.).
- Liaise with internal and external auditors by providing payroll accounting schedules, reconciliations, and documentation.
- Ensure compliance with local tax regulations, applicable accounting standards, and company policies.
- Identify and implement process improvements to increase accuracy and efficiency in payroll accounting.
Qualifications & Experience
- Bachelor's Degree or higher in Finance, Accounting, or a related field
- 2-3 years Proven working experience into
payroll processing and accounting
(preferably in a mid-to-large scale organization or shared services) - Hands-on experience in payroll software (e.g., ADP, SAP, Workday, PeopleSoft, or similar).
- Knowledge of labour laws, tax compliance, and statutory filings.
- Proficiency in MS Excel (VLOOKUP, Pivot Tables, reconciliation)
- Understanding of basic principles of finance, accounting, and bookkeeping
- Strong technology skills are critical, with expertise in Microsoft Excel.
- Prior experience of working in SAP is preferred.
- Flexibility to work in UK time zone.
- Prior experience to work into third party client set-up
- Strong attention to detail and accuracy.
- Good analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to work under pressure and meet strict deadlines.
- High level of integrity and confidentiality.
- Payroll/HR certifications (e.g., SAP HR, HRMS-related) preferred.
We are an Equal Opportunity Employer
We value diversity at Incedo. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Regards,
Incedo HR Team
