Justdial - Lead - Payroll - Chennai, India - Just Dial Limited

    Just Dial Limited
    Just Dial Limited Chennai, India

    1 week ago

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    Description

    Key job responsibilities:

    • Contributes to the strategic direction of the company based on internal and industry knowledge
    • Responsible for developing and communicating team or department vision and goal
    • Build and monitor a consolidated Payroll Operations annual operating plan to forecast headcount needs with detailed analysis of budget to actual results on a monthly and quarterly basis
    • Partner with external stakeholders HR, Accounting, Treasury (external to the Payroll department)
    • Partner with internal stakeholders Compliance, Controllership, Payroll Transformation, Payroll Academy
    • Responsible to develop and implement systems to support rapid growth. Performs autonomously and initiate and manages complex, departmental and/or cross company work
    • Build scalable processes to recruit, train, and develop business professionals to support business expansion
    • Lead performance review processes with VPs, Directors, and senior leaders across functions in the region

    BASIC QUALIFICATIONS:

    • Core knowledge of SAP.
    • 7+ years of relevant experience in operations, payroll, or related finance fields
    • Strong communication skills, both verbal and written
    • Customer focus and professional demeanour
    • Advanced experience with Excel and Outlook
    • The ability to multitask and work autonomously.
    • Ability to meet tight deadlines and efficiently interact with various groups across the company
    • Coordinate with Payroll stakeholders (HR, Benefits, Compensations, Operations, Accounting, AP, AR)
    • A background in Payroll Processing and Analysis

    The role of a payroll manager is given below and involves various responsibilities related to managing the payroll function within an organization.

    Here is a more detailed breakdown of the roles and responsibilities of a payroll manager:


    Payroll Processing:

    • Collect and review time and attendance data, ensuring accuracy.
    • Process payroll transactions, including min wages, overtime, bonuses, and deductions.
    • Verify and reconcile payroll data to ensure accuracy before processing.
    • Paysheet generation using SAP
    • Payslip Stay updated on federal, state, and local labor laws, and compliance requirements.
    • Ensure that payroll practices align with legal and regulatory standards.
    • Prepare and submit accurate payroll related reports.

    Recordkeeping:

    • Maintain and update payroll records, including employee details, compensation, and Professional tax information.
    • Ensure proper documentation and filing of payroll records for audit purposes.

    Technology and Systems:

    • Oversee the implementation and enhancement of payroll systems.
    • Ensure integration with other HR and finance systems.
    • Stay informed about advancements in payroll technology and recommend system improvements.

    Communication:

    • Address employee queries related to payroll and benefits.
    • Provide clear and timely communication regarding payroll policies and procedures.
    • Collaborate with HR and finance departments for effective information flow.

    Policy Development:

    • Ensure that payroll practices are in line with the organization's overall policies and goals.
    • Communicate changes in policies to relevant stakeholders.

    Audit and Compliance:

    • Conduct regular internal audits to identify discrepancies and ensure compliance.
    • Assist in external audits conducted by regulatory bodies.
    • Implement corrective measures based on audit findings.

    Full and final settlement:

    • Review and verify the employee's resignation and termination details.
    • Confirm that all necessary approvals for the separation are in place.
    • Calculate the final payout for the employee, including salary for the notice period (if applicable), gratuity, bonuses, and any other pending dues.
    • Ensure accuracy in calculating F&F, such as outstanding loans, advances, or other liabilities.

    Problem Resolution:

    • Investigate and resolve payroll discrepancies and errors.
    • Address and resolve employee concerns or disputes related to payroll.
    • Implement preventive measures to reduce errors in future payroll processing.

    Training and Development:

    • Stay updated on industry best practices and share knowledge with the team.
    • Foster a culture of continuous learning within the payroll department.

    Reporting:

    • Generate and distribute regular and adhoc payroll reports to management.
    • Provide financial and statistical information related to payroll for budgeting and decisionmaking purposes.
    • Budgeting and Cost Analysis:
    • Collaborate with finance departments to budget for payrollrelated expenses.
    • Analyze payroll costs and provide insights for costsaving measures.

    Collaboration:

    • Work closely with branch HR, finance, and other departments to ensure seamless coordination of payrollrelated activities.
    • Collaborate with external vendors or consultants when necessary.
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