Everest Technical Services
Website:
everestltd.ie
Job details:
Job description
The Payroll Specialist will work and report to the finance and accounts teams where they
will be required to provide ongoing support to manage all aspects of payroll execution.
The Payroll Specialist will be instrumental in maintaining strong relationships with
employees, finance departments and external stakeholders such as tax authorities and
regulatory bodies. They possess in-depth knowledge of payroll systems, accounting
principles, Indian labor laws and taxation requirements.
Roles and Responsibilities
- Checking the number of hours employees have worked
- Calculating wages and salaries
- Preparing data for bank files
- Collaborating with the Human Resources department to maintain employee data
- Calculating pay raises, shift payments, and overtime compensation
- Issuing tax forms and related documentation, and assisting employees with completing them
- Deducting tax and insurance payments
- Resolving issues employees have with timesheets, payslips, and other payroll matters
- Updating employee bank records when necessary to ensure accurate payment processing
- Initiating direct deposits
- Processing employee expenses
Necessary Requirements:
- The Payroll Specialist should have 7+ years of experience. Previous experience working in a similar organization is desirable, along with familiarity with complex monthly adjustments such as overtime, loss of pay, payment in lieu, compensatory pay, etc.
- Excellent Excel skills
- Previous experience using an HRMS portal
- Experience with health benefits adjustments
- Familiarity with HR relations and contracts
Click on Apply to know more.