Executive - India Payroll Gsc's - Hyderabad, India - HSBC

HSBC

Verified Company

Hyderabad, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Business:
HR Management Operations

Open positions: 1

Role Title:
Executive - India Payroll

Global Career Band:8

Location (Country / City): Hyderabad

What you'll do:
(List out Key Responsibilities)

Manage centralized inhouse payroll operations for over 25000 plus employees located at different cities in India
Thorough working knowledge on India Payroll statutory management i.e. PF, ESIC, PT, IT, Statutory Bonus, Gratuity, EDLI etc.
Reviews and analyzes current payroll, benefits and tax procedures in order to proactively identify, recommend and implement changes that lead to improvement opportunities.
Assists in the operation of the Payroll section to ensure all transactions are processed within organizational timescales and procedures.
Ensure to reconcile and effectively control the accounts affecting Payroll on a monthly basis & preparing necessary provisions for foreseeable payments
Ensure that staff queries are addressed and resolved in a timely manner reflecting the high level of customer service expected from Payroll Staff.
Maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulator
Implementation of Group Compliance Policy as applicable to the role
Keeping a proactive approach to problem solving & securing outcomes that are in agreement with the bank's policy
Provide service to customers by focusing on resolving requests efficiently, accurately, and professionally
Identify and escalate potential showstoppers.
Issues / problems are effectively investigated and resolved or are appropriately referred with recommendations
Contribute to the team effectively and manage for value at all times.
Participate in development of cohesive teams and support achievement of team objectives.
Exhibit ownership of the business.
Perform fullcycle processing using an integrated HRIS / Payroll system, including processing and maintenance of pay earnings and deductions, offcycle processing, disbursement of payments, generation and distribution of reports to key stake holders, and maintenance of paper and electronic records.

Requirements

What you will need to succeed in the role:_(Minimum Qualification and Skills Required)_**
Skills/Experience Required
years' experience in managing India Payroll operations in an In-house model

Experience in managing payroll for a multinational, multisite employer (5,000+ employees)
Accuracy and detail oriented, able to quickly spot errors in data and respond with clarification and explanation
Good interpersonal and communication skills (Verbal & Written)
Time management and ability to meet deadlines
Knowledge of and experience in planning and organizing techniques
Customer focused, a "cando" attitude, independent and proactive
Team Player across immediate team, client and across HR function.
Ability to process administrative tasks and manage own responsibilities with mínimal supervision
Proficient user of Microsoft Office (including Word, Exceladvanced user to include pivot tables and formula functions)
Skilled in producing reports with Excel
Ability to learn quickly and transfer knowledge appropriately
Knowledge of and experience in problem solving techniques
Ability to perform in highpressure environment should be effective in a flexible work environment.
Ability to adapt to a fast paced continually changing and deadlinedriven business and work environment while managing multiple priorities

You'll achieve more at HSBC
**Issued By HSBC Electronic Data Processing (India) Private LTD