Payroll Specialist

Summary

Join GoGlobal as a Payroll Specialist and manage payroll processes for clients' employees, ensuring accuracy, compliance, and timely salary distribution. Your responsibilities include master data maintenance, monthly processing, payslip generation, and addressing employee queries. Depending on the focus, you may supervise teams, manage tax obligations, or contribute to in-house payroll initiatives. Success requires expertise in payroll regulations, system proficiency, organizational skills, and effective communication. GoGlobal offers a remote work environment, unlimited vacation, wifi cost coverage, and an annual training allowance.

Requirements

• Strong knowledge of payroll regulations in India
• Minimum tertiary education (post-secondary)
• Has working experience with payroll-related systems and software
• Good knowledge of India labor legislations
• Strong organizational skills and ability to work under strict deadlines
• Good verbal and written communication skills in English and the language of countries of coverage
• Meticulous and has strong numerical skills (good with numbers)

Responsibilities

• Ensure timely and accurate processing of payroll for clients' employees (“employees”) every pay period
• Ensure client’s employee's data is correctly updated in payroll system
• Compute employees’ net pay based on time records, benefits, taxes and other relevant items
• Performs salary disbursement through direct transfers to employees’ bank accounts
• Ensure payslip is generated accurately, distributed timely, and compliantly to employees
• Process any changes in exemptions and job status
• Completes payroll reports for record-keeping purposes or managerial review
• Ensure year end certificates are issues to the employees
• Identifies, investigates and resolves discrepancies in timesheets and all payroll-related tasks
• Configure and run the flexi benefit basket programme for employees incl payroll software configuration, reports from benefit provider (Sodexo), monthly refill of the benefit basket, etc
• Responds to queries on salaries, income tax, labour law, deductions, attendance, time records, and other payroll-related matters
• Process payments to relevant authorities per statutory stipulated schedule, i.e. monthly tax payment to tax authority, PF payments, PT payments, ESI Payment, etc
• Registration/deregistration of countries’ statutory social benefits to the relevant local authorities
• Responsible for quarterly/semi-annual / annual statutory processing to ensure compliance per statutory requirements, such as annual year-end tax filing (request relevant documentation from staff, compute relevant tax processing, produce required report/form for filing to tax authority and staff). Compliance will applicable laws on a periodic basis incl Income Tax, Provident Fund, Profession Tax, ESI, etc
• Plans and allocates work to the payroll team members
• Supervises designated payroll team members
• Determines the organization's tax obligations by calculating taxes as well as Insurance contributions
• Acts as the country expert in payroll and payroll tax related matters
• Face and resolve statutory financial auditors questions pertaining to to payroll
• Provide payroll info for yearly actuarial valuation
• Adheres to payroll policies and procedures and complies with relevant law
• Ad hoc tasks as and when requested by the Company

Preferred Qualifications

• Deep understanding of Flexi Benefit works in India
• Deep understanding of India tax ruling

Benefits

• Remote work
• Unlimited vacation
• Wifi
• Annual training