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.