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Payroll Specialist, Thiruvananthapuram, Muthoot Fincorp Ltd.
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Payroll Specialist, Thiruvananthapuram, Muthoot Fincorp Ltd.
India, Kerala, Thiruvananthapuram,
Published March 18, 2023
Job details:
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Description
Job Purpose
The purpose of the role is to timely and accurately complete payroll in coordination with Head – Payroll & Compliances on a monthly basis. The role incumbent is expected to work closely with finance and respective payroll partner for timely inputs and reports.
Key Job Responsibilities
Overall record management
Maintain employee database monthly as per the salary structure and attendance and ensure confidentiality of the same
Keeps abreast of the payroll processing system and changes in wage/tax laws, and applies changes as appropriate
Prepare and process statements of payment
Prepare and execute taxes and payment of employee benefits
Prepares follow-up for Stop Payment requests, manual check requests, and associated system updates
Monthly payroll processing for all employees
Process the payroll for all employees and share with the payroll partner on a monthly basis
Verify, calculate and update salary sheet with regards to any amendment on a monthly basis
Ensure confidentiality in processing salaries of all employees
Mange internal & external stakeholders
Responds to questions regarding pay policies/procedures
Establishes and maintains a positive working relationship with customers, both internal and external
Answer employees' questions about payroll
Compile key operational payroll metrics & dashboards
Prepare periodic payroll reconciliation and submit reports to the payroll manager for review
Knowledge, Skills & Attributes
Knowledge
Statutory
Compliances
Labor Law
Skills
Understanding of process related to employment cycle i.e. onboarding, promotion, lateral movement, physical employee movement and exiting
Manage employee payroll and various portal management
Hands on working knowledge on excel
Role Requirements
Education Qualifications :- Any graduate/ MBA in Human Resources
Experience :- 2- 4 years in payroll management
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