Assistant Manager - Payroll

About Client :

A leading NBFC company.

Experience - 2+ Years.

Key Responsibilities :

• Payroll Processing : Assist in processing weekly, bi-weekly, or monthly payroll for employees, ensuring accurate calculations of wages, deductions, bonuses, and other compensations.
• Data Management : Maintain accurate and up-to-date employee payroll records in the system, ensuring all employee information, tax withholdings, and benefits are correctly captured.
• Compliance : Ensure payroll is compliant with local, state, and federal regulations, including tax laws, labor laws, and other applicable legal requirements.
• Reporting : Generate payroll reports as needed for management and auditors, including summaries of wages, taxes, benefits, and deductions.
• Benefits Administration : Support the administration of employee benefits programs, including deductions for health insurance, retirement plans, and other voluntary benefits.
• Discrepancy Resolution : Investigate and resolve payroll discrepancies, addressing employee inquiries and concerns related to pay or deductions in a timely manner.
• Tax Filing : Assist in the preparation and submission of payroll tax filings, including quarterly and annual reports, ensuring compliance with deadlines.
• System Maintenance : Maintain the integrity and security of payroll software systems, assist in software upgrades, and ensure all systems are functioning effectively.
• Employee Support : Provide payroll-related support to employees, answering questions regarding pay, deductions, benefits, and tax forms.
• Continuous Improvement : Assist in improving payroll processes to enhance efficiency, accuracy, and compliance, and recommend best practices for future payroll operations.