Senior Associate - Payroll & Benefits Management - BFS

Opportunity for Payroll and Benefits management - Sr Associate with an American diversified financial services organization.

Experience - 2 to 5 years

Location - Mumbai/ Pune

Qualification - CA preferred/ MBA/ MCom

Preferred Knowledge/ Skills - US GAAP

Shift - 1 tp 10 pm

Working Mode - Hybrid

Key Responsibilities and Duties:

- Reviews the calculation of gross and net pay amounts to ensure accuracy (e.g., salary, overtime, shift payments, sales commissions, bonuses, deferred compensation, benefits, tax withholdings, deductions, payroll liabilities, etc.)

- Reviews payroll data, production records, and individual attendance records within the HRIS and payroll system, and corrects errors to ensure the accuracy of payroll payments.

- Reviews the reconciliation of payroll records (e.g., payments, deductions, general ledger entries for wages)

- Ensures the balance of payroll runs and compliance with related requirements, including minimum wage, local tax rates, and related federal and state regulations.

- Manages employee inquiries and troubleshooting issues related to payroll that require policy interpretation.

- Coaches and reviews the work of lower level professionals.