Payroll Specialist Job in Bangalore at Koch Global Services

Koch Global Services is hiring for the role of Payroll Specialist!

Responsibilities of the Candidate:

• Collaborate to enhance the employee experience with a transformational mindset.
• Process end-to-end payroll for employees, ensuring timely and accurate salary disbursement.
• Handle statutory deductions such as PF, ESI, PT, TDS, and other payroll-related deductions.
• Coordinate with the finance department for salary transfers and payroll reconciliations.
• Validate payroll inputs and outputs to ensure error-free payroll processing.
• Identify methods to improve payroll efficiency and draft SOPs/DTPs.
• Coordinate with stakeholders to validate income tax calculations, Form 16, and quarterly E-TDS filings.
• Publish periodic dashboards for payroll reporting needs.
• Troubleshoot compliance-related queries and notices.
• Manage year-end activities, including income tax filing, bonus calculations, and final settlements.
• Ensure compliance with Indian labor laws, tax regulations, and company policies.
• Prepare and collaborate with compliance vendors for statutory reports like PF, ESI filings, and Form 24Q.
• Stay updated on tax laws and labor regulations to ensure compliant payroll processes.
• Prepare year-end payroll reports and participate in audits.
• Address employee queries about salary, deductions, tax calculations, and payslips.
• Resolve payroll grievances and collaborate with the service desk to create knowledge articles.
• Manage payroll software and ensure accurate payroll records.
• Maintain data integrity in HCM and payroll systems.
• Collaborate with HR, IT, and finance teams to streamline payroll workflows.
• Identify opportunities for process improvement in payroll operations.
• Manage program and process transformation initiatives, if applicable.

Requirements:

• Fluent in English (speaking, reading, writing).
• Bachelor’s degree or equivalent.
• Proficient in MS Office (Outlook, Word, Excel).
• Experience in researching, troubleshooting, and resolving consumer inquiries.
• Collaborative team player with accountability for self and others.
• Experience with HCM platforms (e.g., Infor, SAP, Greyt, ADP) and case management systems (e.g., ServiceNow).
• High integrity to handle sensitive data and documents.
• Experience in process automation and HR program management.
• Strong data management skills with attention to detail.
• Ability to identify opportunities for innovation and experimentation.
• Secure handling of confidential employee information.
• Expertise in payroll operations compliance with local laws.
• Understanding the team’s role in adding enterprise value.
• Proven ability to meet performance metrics and work professionally with remote stakeholders.