Payroll Specialist

Job description

- Ensure all allocated clients payroll is processed accurately and timely. - Oversee the end-to-end payroll process, including data collection, input, calculations, and reporting. - Ensure accurate and timely processing of payroll for employees across multiple locations. - Process complex payroll calculations, including bonuses, commissions, and tax withholding. - Oversee salary changes, compensations, deductions, bonus, variable payouts and benefits to employees. - Stay updated on evolving payroll laws, regulations, and tax requirements to ensure compliance. - Lead efforts to improve payroll processes, enhance system efficiency, and reduce errors. - Perform regular audits and reconciliations to identify and resolve discrepancies. - Prepare payroll reports for management and finance teams, analysing payroll data and trends. - Prepare payroll reports for management and finance teams, analysing payroll data and trends. - Ensure 100% error free deliverables. - Taking care of statutory deductions precisely (Income Tax, PF, ESI, PT, LWF) and remittances of all statutory liabilities in time - Complies with all payroll related statutory returns - Knowledge on eTDS filing, Form 16 generation, TRACES - Conducting internal system and process health checks - Ensure the maintenance of maker and checker concept & follow the process/work flows - Updating on income tax and other state laws amendments and rules - Maintain employee payroll records data in system - Maintains employee confidence and protects payroll operations by keeping information confidential - Preparation and follow process checklists - Client Management - Response to queries from employees within TAT, conduct payroll helpdesk - Audit Support and providing required details for Statutory / Internal Audits - Preparation of internal reports and provide all required information/data to reporting manager - Preparation of JVs and providing required information to client