Duties & Responsibilities -
- Ensure master data update in payroll management suite and ensure check/control on financial and non-financial data.
- Variance analysis of payroll and other accruals
- Generate monthly/annual compliance report related to salaries.
- Employee queries resolution.
- Maintain payroll information by directing the collection, calculation, and entering of data, process improvements and (re)designing systems.
- Update payroll records by reviewing and approving changes in exemptions, insurance coverage, savings deductions, and job titles, and department/ division transfers.
- Salary disbursal by issuance of Bank Letters or electronic transfers to bank accounts.
- Prepare reports by compiling summaries of earnings, taxes, deductions, leave, disability, and nontaxable wages.
- Determine payroll liabilities by approving the calculation of employee income and social security taxes, and employer's social security liability, and workers compensation payments.
- Balance the Payroll with Accounts by resolving payroll discrepancies on monthly basis.
- Maintain payroll guidelines by writing and updating policies and procedures.
- Comply with Government and State local legal requirements by studying existing and new legislation; enforcing adherence to requirements; advising management on needed actions.
- Maintain employee confidence and protects payroll operations by keeping information confidential.
- Complete operational requirements by scheduling and assigning employees; following up on work results.
- Manage reimbursement data related to respective Heads in Payroll.
- Contribute to team effort by accomplishing related results as needed.