India Payroll Specialist
- Entertainment
- 5 - 8 years
- Hyderabad
- 7 days ago
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Job Description
Role Summary
We are seeking an experienced Payroll Specailist to join our new team in Hyderabad. Reporting locally to the Payroll Manager this role is part of the Payroll Team are based across UK, Portugal, Malta and India. The payroll team is responsible for managing the end-to-end payroll operation for several countries around the world and will now take on responsibility for Payroll in India. This is a new team and will grow overtime as our business also grows in Hyderabad.
The Payroll Specialist plays a critical role in diligently preparing all payroll and payroll-related changes using various data sources. They are responsible for reconciling and reviewing all inputs, obtaining necessary approvals, and ensuring that all bank payments are processed accurately. The Payroll Specialist ensures that all changes are properly implemented and that employees are paid correctly and on time. They work closely with the Payroll Manager to provide accurate payroll information to the Finance team and other internal departments. Additionally, they ensure timely and accurate payments and submissions to local tax authorities, pension providers, and other Indian statutory bodies such as PF, ESI, and professional tax departments
Key Responsibilities
- Manage and execute end-to-end payroll processing for employees in India accurately and on time.
- Follow payroll operating processes with attention to detail and diligence
- Prepare the input file, including new hires, salary details, bonuses, leaves, terminations, and other relevant information, and share it with the payroll vendor for processing..
- Ensure compliance with Indian labor laws, tax regulations, PF, ESI, and other statutory requirements.
- Schedule bank payments
- Perform monthly payroll reconciliations and promptly resolve discrepancies or errors.
- Enter new employees data (e.g. bank accounts and tax identification numbers) into internal databases
- Maintain accurate payroll records and employee data while ensuring confidentiality.
- Prepare and submit statutory reports such as PF, ESI, TDS, Professional Tax, and other government filings within deadlines.
- Liaise with external payroll vendors, government agencies, and auditors to ensure smooth payroll operations and audits.
- Respond to employee payroll queries and provide support on salary, benefits, deductions, and other payroll-related issues.
- Work with payroll software and ERP systems to ensure accurate data entry, processing, and reporting.
- Ensure internal controls for payroll processing and support internal and external audits.
- Identify opportunities for process improvements to enhance payroll accuracy, efficiency, and compliance.
- Cross-skill with other Payroll team members to ensure business continuity
- Work flexibly to support payroll requirements outside of core hours
- Coordinate with HR, HRBP, and Reward teams to integrate leave, benefits, and attendance data with payroll processing
- Update the process documents and SOPs in a timely manner and get them reviewed by the Payroll Manager for approval.
TO EXCEL IN THIS ROLE, YOU NEED TO HAVE
- Proven work experience as a Payroll Officer, Payroll Clerk or Payroll Specialist
- Hands-on experience with Payroll and HRIS software
- Strong math skills with an ability to spot numerical errors
- Good knowledge of regulations and tax requirements
- Attention to detail
- Time-management skills
- Ability to handle confidential information
- Strong customer service approach
- Well-versed with payroll software tools such as SAP, Workday, Allsec, ADP, and GreytHR.
BENEFITS WE OFFER
- Access to Learnerbly, Udemy, and a Self-Development Fund for upskilling.
- Career growth through Internal Mobility Programs.
- Comprehensive Health Insurance for you and dependents.
- Well-Being Fund and 24/7 Assistance Program for holistic wellness.
- Hybrid Model: 2 office days/week with flexible leave policies, including maternity, paternity, and sabbaticals.
- Free Meals, Cab Allowance, and a Home Office Setup Allowance.
- Employer PF Contribution, gratuity, Personal Accident & Life Insurance.
- Sharesave Plan to purchase discounted company shares.
- Volunteering Leave and Team Events to build connections.
- Recognition through the Kudos Platform and Referral Rewards.
WHY CHOOSE US:
Flutter is an equal-opportunity employer and values the unique perspectives and experiences that everyone brings. Our message to colleagues and stakeholders is clear: everyone is welcome, and every voice matters. We have ambitious growth plans and goals for the future. Here's an opportunity for you to play a pivotal role in shaping the future of Flutter Entertainment India.
Job Classification
Industry: IT Services & ConsultingFunctional Area / Department: Finance & AccountingRole Category: Payroll & TransactionsRole: Payroll ExecutiveEmployement Type: Full timeContact Details:
Company: Flutter EntertainmentLocation(s): Hyderabad
Keyskills: India Payroll Payroll Management PF Act Gratuity Act Salary Processing Payroll Processing
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