Job Summary:

The Payroll Accountant is responsible for ensuring the payroll is in compliance with company policies, tax regulations, and labor laws. This role plays a critical part in maintaining proper financial reporting related to payroll activities.

Job Responsibilities:

Review end-to-end payroll processing, including salary calculation, overtime, bonuses, and deductions, ensuring accuracy and compliance.

Calculate and process payroll taxes, social security contributions, and other statutory obligations as per local regulations.

Maintain up-to-date employee records for leave, gratuity and air ticket provisions.

Conduct regular internal audits of payroll procedures to ensure accuracy and compliance with policies.

Collaborate with the finance department for payroll postings in GL.

Oversee payroll system updates and troubleshoot any software issues in collaboration with IT.

Stay updated with changes in labor laws, tax regulations, and industry standards to ensure compliance.

Identify opportunities to enhance payroll processing efficiency and implement improvements.

Safeguard sensitive employee information and maintain strict confidentiality regarding payroll data.

Ensure all active employees have bank accounts in payroll.

Collaborate with the finance department for payroll postings in GL.

Oversee payroll system updates and troubleshoot any software issues in collaboration with IT.

Stay updated with changes in labor laws, tax regulations, and industry standards to ensure compliance.

Identify opportunities to enhance payroll processing efficiency and implement improvements.

Safeguard sensitive employee information and maintain strict confidentiality regarding payroll data.

Ensure all active employees have bank accounts in payroll.