Payroll Specialist

Key Responsibilities:

• Coordinate closely with HR teams in the USA and UK to manage salary-related inputs, loan/advance deductions, and other payroll requirements.
• Verify employee compensation data either from the system or provided by HR, comparing it with the previous month to track any changes in salary.
• Collaborate with payroll vendors to ensure accurate processing of payroll for all US and UK locations.
• Transmit all payroll and reimbursement inputs accurately into the payroll vendor software.
• Monitor fund availability and communicate with the treasury team to ensure sufficient funds in the bank account for payroll processing.
• Review and process the final salary register provided by the vendor, ensuring accuracy on an employee-by-employee basis.
• Share relevant accruals related to payroll, PTO, and leave encashments with the Accounting team.
• Ensure timely processing of full and final settlements for departing employees.
• Oversee the processing of monthly salaries and reimbursement payments, ensuring compliance with all relevant regulations.
• Handle employee tax deductions based on declarations, ensuring accuracy and compliance.
• Resolve any payroll-related queries promptly and effectively, interacting with employees as needed.
• Interface with auditors during audits, providing necessary documentation and assistance.
• Conduct payroll analysis to compare changes from the previous month, identifying any increases or decreases.
• Willingness to work shifts as per respective location timings.

Requirements

• Bachelor's degree in Accounting, Finance, or related field preferred.
• Proven experience in payroll administration, preferably in a multinational environment.
• Strong knowledge of payroll processing software and MS Office Suite.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Detail-oriented with a commitment to accuracy and compliance.
• Familiarity with social security regulations and tax laws.
• Previous experience interfacing with auditors is a plus.
• Flexibility to work shifts as required.