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Senior Payroll Specialist

Senior Payroll Specialist

FactSet

5 - 10 years

11 - 12 Lacs

hyderabad

Posted:-1 days ago| Platform:

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Skills Required

payroll processing payroll finance workflow wellness statutory compliance data analytics private equity team building auditing

Work Mode

Work from Office

Job Type

Full Time

Job Description

Payroll/ Accounting:

Ensure timely and error free payroll process.
Ensure that the all the departments have shared the information/data required for payroll.
Reconcile payroll prior to finalization and validate payroll reports.
Prepare reports for the global accounting for Finance team
Regular review of SOP s, Control Matrix and FAQ s for standard operating process
Keep process documentation up to date with latest amendments on Payroll
Research on complex payroll issues, implement solutions and suggest required adjustments
Should be able to communicate with employees on all payroll/Tax related matters
Processing the special payments as per the Global payroll team s data and verifications of the contracts/ employee agreements
Ensure that the data is presented in the formats prescribed by the Finance team

Statutory Compliance:

Ensure accurate and timely generation of all the statutory reports
Timely filing of Monthly, Bi-annual, and Annual returns
Implement the amendments in the statutory acts and rules applicable to FactSet
Timely and accurate closure of the taxes.
Adhere to regulatory reporting guidelines and filing deadlines

Database Management:

Ensure that the Compensation data in Workday is accurate
Ensure that the primary data required for payroll and tax process is updated and available in Workday
Regular validation of the Job profile and compensation data
Ensure that the compensation data is accurate in all internal tools

Audits and Inspections:

Provide payroll Statutory data required for the Audits
Responding to the queries raised by the auditor on the payroll policies, process and reporting s
Coordinate with the HR shared services team on employee data changes and maintain real time data in the repository for audits

Vendor Compliance:

Ensure that all the clauses /SLA s as per the contract are followed in the payroll process.
Focus on the indemnity clause and termination clauses

Qualifications

5+ years experience in handling Shanghai, Singapore payroll and statutory compliance

Ability to effectively work with diverse cultures in a global team

Ability to successfully partner with the Senior executives

Demonstrate ability to identify gaps, issues and then analyze to design, develop strategies (i.e., mentoring, team building, group facilitation, organization structure and design, etc.) to improve performance.

Strong communication and analytical skills.

Excellent interpersonal, communication skills and a flexible approach

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