R2R - Payroll - Specialist

Company Overview

Metayb is a digital transformation company on a mission to transform seamlessly by empowering organisations to navigate the vast landscape of the digital-first era. Within just three year of inception, we have grown into a close-knit family of 300+ employees, each possessing rich field expertise. Metayb focuses on fostering seamless customer experiences, enhancing operational efficiency & deriving actionable insights. By harnessing the power of emerging tech Metayb aims to be the unparalleled choice for global customers, delivering strategic goals effectively within a digital first ecosystem of value creation. Our key areas of expertise lie in Digital Transformation, Data Science, SAP Implementation, Workflow Automation, Dashboarding, Visualization, Finance and Supply Chain services. We strongly aspire to venture into IOT, AI / ML & Virtual Reality. Metayb endeavours to be best-in class across digital solutions, infrastructure, and product engineering.

Job Description

Payroll Process Specialist with R2R and Administrative Expense Management

Position : Payroll Process Specialist

Experience Required : 5 to 8 years

Preferred Qualifications : MBA in Finance, M.Com

Shift : Flexible

Role Overview

We are looking for a skilled Payroll Process Specialist with expertise in SAP payroll, Record to Report (R2R) processes, and administrative expense management. The ideal candidate should have a keen interest in financial analysis, reconciliations, and optimizing payroll operations while managing administrative expenses efficiently.

Key Responsibilities

• Payroll Processing in SAP
• Handle end-to-end payroll operations, ensuring accuracy and timeliness of salary processing.
• Maintain and update payroll master data in SAP, including onboarding, offboarding, and employee updates.
• Ensure compliance with statutory payroll regulations and tax requirements.
• Address and resolve payroll-related discrepancies and queries promptly.
• Record to Report (R2R) Processes
• Support monthly and annual financial close activities, including preparation and posting of payroll-related journal entries.
• Reconcile payroll accounts and ensure alignment with the general ledger.
• Perform variance analysis and resolve discrepancies in payroll-related transactions.
• Assist in preparing payroll-related financial reports for management review.
• Administrative Expense Management
• Oversee and track administrative expenses, ensuring proper allocation and cost control.
• Analyze expense trends and provide actionable insights to improve cost efficiency.
• Collaborate with departments to ensure accurate reporting and forecasting of administrative expenses.
• Develop and implement processes to manage and monitor administrative expense budgets.
• Financial Analysis and Reconciliations
• Conduct detailed reconciliations of payroll and administrative expense accounts to maintain financial accuracy.
• Develop analytical reports to support decision-making related to payroll and expense management.
• Identify opportunities for process improvements and automation.
• Compliance Support
• Ensure adherence to internal controls, statutory regulations, and corporate policies.
• Stay updated on changes in payroll regulations and SAP functionalities to maintain compliance.
• Process Optimization
• Identify areas of inefficiency within payroll and administrative expense processes and propose solutions.
• Collaborate with cross-functional teams to implement best practices and streamline workflows.

Skills And Qualifications

What's On Offer

Hybrid working opportunity enabling a good work-life balance with an enabling learning environment, international travel, collaborating with teams across geographies and benefit from best-in-class employee policies.

Disclaimer

The job title mentioned in this description is generic and intended for broad categorization purposes. The final designation will be determined based on the candidate's performance during the interview process, relevant experience, and alignment with the organizational hierarchy.

Skills Required

Payroll Processing, Sap, Financial Analysis, Statutory Compliance, Microsoft Excel, Reconciliations