Payroll Specialist HR

From 2 to 7 year(s) of experience
₹ Not Disclosed by Recruiter
Posted: 17 days agoOpenings: 1Job Applicants: 456Job Views: 1303

Job Description

We are seeking a skilled and detail-oriented Payroll HR Specialist to join our HR team.

As a Payroll HR Specialist, you will be responsible for managing and processing payroll for our employees accurately and efficiently. Your primary focus will be on ensuring timely payroll processing, maintaining payroll records, and resolving any payroll-related issues or discrepancies. Additionally, you will collaborate with other HR team members to ensure compliance with relevant laws and regulations.


Responsibilities: -

  • Process and manage payroll for employees accurately and on time, ensuring compliance with company policies and applicable laws.
  • Calculate and verify employee hours, wages, deductions, and other payroll-related data.
  • Review and reconcile payroll reports to ensure accuracy and resolve any discrepancies. - Maintain employee payroll records, including tax withholding forms, direct deposit information, and other relevant documentation.
  • Respond to employee inquiries regarding payroll, deductions, and other related matters in a timely and professional manner.
  • Collaborate with HR team members to ensure accurate and timely processing of new hires, terminations, promotions, and other employment changes.
  • Stay updated on changes in payroll laws, regulations, and best practices to ensure compliance and make necessary adjustments to payroll processes.
  • Prepare and distribute payroll reports to management and other stakeholders as required. - Assist with year-end payroll activities, including W-2 preparation and reporting.
  • Work closely with finance and accounting teams to ensure accurate financial reporting and reconciliation of payroll-related accounts.
  • Maintain confidentiality and security of payroll data and adhere to data protection policies.

Requirements:

  • Bachelor's degree in Human Resources, Accounting, Finance, or a related field.
  • Proven experience as a Payroll HR Specialist or in a similar role, with a strong understanding of payroll processing and related regulations.
  • Proficiency in payroll software and systems, with the ability to learn new systems quickly. - Sound knowledge of payroll laws, regulations, and best practices.
  • Strong attention to detail and accuracy, with the ability to handle complex calculations and data.
  • Excellent organizational and time management skills to meet payroll deadlines.
  • Strong problem-solving and analytical skills to identify and resolve payroll discrepancies.
  • Excellent communication skills, both written and verbal, with the ability to explain payroll-related information to employees effectively.
  • Ability to maintain confidentiality and handle sensitive employee information with discretion. Proficiency in Microsoft Excel and other relevant software applications.
  • Ability to work independently and collaboratively in a fast-paced and dynamic environment.

Role:Payroll Executive

Salary: Not Disclosed by Recruiter

Industry:IT Services & Consulting

Department:Finance & Accounting

Role Category:Payroll & Transactions

Employment Type:Full Time, Permanent

Education

UG:Any Graduate

Company Profile

Valuelabs

Technology, innovation and problem solving €“ that€™s where we play. We specialize in digital enablement, software product development and data technology. We are a trusted technology partner to over 300 clients globally, serving them from 26 offices worldwide using our OneCompany® model of engagement.
We were born out of an unselfish act when we built a free, computer based learning program for school students. To sustain this financially, we used the same infrastructure for software projects and the original team of 3 people has now grown to over 7,500. The founding unselfish gene is intact and we bring that same spirit of service to clients globally.
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Contact Company:Valuelabs

Address:PLOT NO 41,,,PHASE II,HITECH CITY , Hyderabad, Telangana, India

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