NICE Specialist Payroll Accountant 

India, Maharashtra, Pune 

760289827

Objectives of this role

• Overseeing end-to-end payroll processing, including salary calculations, deductions and benefits administration, such as provident fund, insurance and healthcare plans.
• Preparing payroll reports, including income tax returns and provident fund filling.
• Conducting regular payroll audits and ensuring compliance with Indian labour laws, tax regulations and statutory requirements.
• Maintaining accurate employee records, including attendance, leaves and personal information.
• Collaborating with the human resources and finance departments to seamlessly integrate payroll and employee data.
• Processing new hires, terminations, promotions and other employee status changes in the payroll system, to ensure accuracy and resolve discrepancies.

Responsibility

• Manage end-to-end payroll processing, including collecting, calculating and inputting payroll data for all employees.
• Ensure accuracy and compliance with applicable laws, regulations and company policies while processing payroll.
• Administer and maintain payroll systems, ensure data integrity and implement system upgrades and enhancements.
• Collaborate with HR, finance and other departments to gather and validate payroll information, such as new hires, terminations, promotions and salary changes.
• Monitor and resolve payroll discrepancies, investigating and resolving issues promptly and accurately.
• Generate payroll reports, including tax filings, benefits deductions and other required reports, ensuring compliance with regulatory requirements.
• Address employee inquiries and concerns related to payroll, providing exceptional customer service and support.
• Maintain confidentiality and data security standards for all payroll-related information.
• Stay updated on payroll regulations, Indian tax laws and industry trends, implementing necessary changes to ensure compliance and best practices.

Required skills and qualifications

• Bachelor’s degree in accounting, finance, human resources or a related field.
• 3+ years of experience in payroll management or a similar accounting role.
• In-depth knowledge of payroll processes, labour laws, taxation and statutory compliance in India.
• Experience in handling payroll audits, inspections and compliance assessments.
• Proficiency in payroll software and systems, such as SAP and/or ADP, with experience implementing and managing payroll systems.
• Excellent understanding of financial principles and the ability to reconcile payroll with financial records.
• Strong attention to detail and accuracy in managing complex payroll calculation data.
• Good organisational and time management skills to meet strict payroll deadlines and manage multiple priorities.
• Exceptional communication and interpersonal skills, with the ability to interact effectively with employees at all levels of the organisation.
• High level of integrity and ability to handle sensitive and confidential information.
• Proficiency in Microsoft Office applications, particularly Excel.

Preferred skills and qualifications:

• Relevant professional certification in payroll management, such as Certified Payroll Professional (CPP).
• Knowledge of multi-state payroll processing and Indian tax regulations, including TDS, GST and income tax provisions.
• Familiarity with payroll-related aspects of Indian labour laws, such as the Employees’ Provident Fund (EPF) Act, the Employees’ State Insurance (ESI) Act and the Professional Tax Act.
• Familiarity with HRIS (Human Resources Information Systems) and time and attendance systems.
• Strong understanding of accounting principles and practices related to payroll.
• Ability to adapt to changing payroll regulations and implement necessary updates.