Finance Executive
- Valuelabs
- 2 - 5 years
- Hyderabad
- 7 months ago
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Job Description
Job Description:
We are seeking a Payroll Specialist to manage end-to-end payroll processing for employees, ensuring accuracy and compliance with all relevant regulations. The ideal candidate will collaborate with HR and finance teams to gather and verify payroll data, generate reports, and resolve payroll-related queries in a timely manner. The role also involves processing payroll transactions, conducting audits, and staying updated on tax regulations.
Key Responsibilities:
- Manage end-to-end payroll processing for employees, ensuring accuracy and compliance with regulations.
- Collaborate with HR and finance teams to gather and verify payroll data.
- Generate payroll reports, address discrepancies, and provide timely resolution to payroll-related queries.
- Process payroll transactions, including salary adjustments, bonuses, and deductions.
- Conduct audits on payroll processes to identify and rectify errors.
- Generate and distribute payroll reports to relevant stakeholders.
- Stay updated on tax regulations and compliance requirements related to payroll processing.
- Coordinate with other departments to ensure accurate recording of employee data.
Requirements:
- Bachelor's degree in Commerce, Accounting, or a related field.
- Minimum of23 years of experience in payroll processing or a related role.
- Strong understanding of payroll systems and tax regulations.
- Excellent organizational and analytical skills.
- Strong communication and interpersonal skills.
- Proficient in MS Excel and payroll software (e.g., Tally, Paychex, ADP, etc.).
Job Classification
Industry: IT Services & ConsultingFunctional Area / Department: Finance & AccountingRole Category: FinanceRole: Finance ExecutiveEmployement Type: Full timeContact Details:
Company: ValuelabsLocation(s): Hyderabad
Keyskills: Accounts Receivable Payroll Processing Accounts Payable Payroll Management Payroll Discrepancy Resolution Payroll Coordination Statutory Compliance payroll audits Payroll Software
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