Role Description:
As a Payroll Specialist you will be responsible for managing the end to end payroll for India. On a monthly basis this includes running the payroll reports, coordinating & checking the payroll with an external vendor, preparing the journal and making sure payments are made timely & accurately, while adhering to local and SOX regulations. You will need to maintain relationships with the external payroll vendor as well as internal stakeholders. In this position you will be part of a dynamic, humble and open minded international team, who manage payroll for our offices in Europe, Middle East, Africa, Latin America, Asia and Oceania. The role will be based in Bangalore, India and report operationally to the overseas based Regional Payroll Manager with a second reporting line to the Booking Holdings India COE HR Lead.
To be successful in this role, you will need to demonstrate the ability to work independently as well as be a strong contributor within our internal account team and key stakeholders for Booking Holdings India COE organization. Interpersonal skills, strong communication and the proven ability to work accurately with tight deadlines and a strong focus on results are a must. Our employees are some of the best and brightest and working with them will be both challenging and rewarding. So, if you can do it all with a smile and a great attitude that is a huge plus.
In this role, you will collaborate closely with various stakeholders such as People Operations, C&B, People Systems, Finance, Risk & Control, HR Advisory and other COE experts.
Responsibility
Be responsible for the maintenance and preparation of the payroll process
Be responsible for data validation and resolving discrepancies within tight deadlines;
Manage relationships with our in-country Payroll provider with focus on the accuracy and timely receipt of payroll services
Coordinate payroll approvals & funding instructions with the Finance team
Prepare monthly payroll reconciliations, journal and accrual reports
Ensure compliance with statutory regulations, company policies, and Sox requirements
Reply to tax notices, wage orders, unemployment claims, government correspondences, and verification of employments for international entities
Act as a point of contact for employees and key stakeholders on Payroll related matters.
Support Finance teams with month-end close and reporting activities
Support various internal and external audits
Provide payroll feedback and data when required to support ongoing HR projects and assist in design, planning and coordination of locally specific initiatives which may impact Payroll operational excellence.
Coordinate Year End payroll activities in alignment with HR and Finance stakeholders.
Stay up to date with local payroll regulations, such as tax & provident fund legislation.
Identify process harmonization opportunities together with Payroll Leads and key stakeholders, set priorities and own implementation planning.
Requirements of special knowledge/skills
Minimum 3+ years of experience working in an payroll/accounting environment;
Strong experience in end to end payroll processing for India and CTC structures within a dynamic, international environment;;
Experience & knowledge on Tax related benefits within the IT industry
Experience managing internal and external stakeholders such as other HR functions, employees, and local payroll providers;
Experience with HR technologies (Workday, SAP, PeopleSoft);
Experience in a shared service environment is a preference.
Experience with Microsoft Office and Google tools such as Excel, Powerpoint, Google sheets, etc
Excellent communications skills in English and Hindi;
Ability to work effectively as an individual and as a team member;
Ability to manage fast paced environment;
Ability to take ownership of payroll processes;
Problem solving mindset & positive attitude;
Excellent organizational skills and ability to multitask;
A high level of accuracy and attention to detail;
Available to travel;
You will also need to be versatile, flexible and adapt quickly to the latest guidelines/changes from Booking Holdings India Private Limited and Booking.com International B.V.
