Payroll Specialist I
Job Summary
As a Payroll Specialist I here at Honeywell you will be responsible for processing payroll transactions ensuring accurate and timely payment to employees. You will handle payroll-related inquiries maintain payroll records and ensure compliance with company policies and regulations. This role is critical in supporting the payroll team and contributing to the overall efficiency of payroll operations.
In this role you will impact Honeywell by ensuring accurate payroll processing enhancing employee satisfaction and maintaining compliance with payroll regulations.
Responsibilities
- Good knowledge in China payroll processing ensuring full compliance with PRC labor law IIT regulations and local tax bureau requirements with a consistent 100% accuracy
- Acted as a key point of contact for payroll and tax audits supporting internal and external audits.
- Preparing tax filing proofs and supporting documentation explaining Chinaspecific payroll and tax logic to global stakeholders whenever needed
- Completed monthly Individual Income Tax (IIT) declarations through the Golden Tax System (GTS) / local tax bureau portals for responsible legal entities including:
- Salary and wages
- Bonuses and annual oneoff payments
- Allowances and taxable benefits
- Special Additional Deductions
- Managed monthly payroll tax reconciliations validating payroll results against IIT filings social insurance bases and housing fund contributions to ensure alignment between payroll system data and statutory submissions
- Supported annual IIT settlement (汇算清缴) processes including
- Employee data completeness checks
- Tax reconciliation and variance analysis
- Coordination with local employees and HR for clarification and corrections
- Participated actively in China Hub HRS / HOS operations collaborating with:
- Local HR teams
- Global payroll COEs
- External payroll vendors and tax consultants
- Finance and statutory reporting stakeholders
- Ensured adherence to local compliance timelines including:
- Monthly IIT filing deadlines (typically before the 15th)
- Social insurance and housing fund payment schedules
- Quarterly and annual statutory reporting deadlines
- Administer employee benefits programs including benefits enrolment changes and communications for Group healthcare and Risk insurance Voluntary Benefits plan China Equity Plan filing support and wellness initiatives.
- Ensure compliance with local regulations and company policies regarding employee benefits.
Communicate benefits information to employees and respond to inquiries or escalations regarding benefits programs. - Improve and standardize processes. Manage customer and vendor relationships.
Qualifications
YOU MUST HAVE
- Proficiency in payroll software and systems
- Strong knowledge of payroll processes and regulations
WE VALUE
- Bachelors degree in Accounting Finance or a related field
- Experience with payroll processing in a large organization
- Strong attention to detail and accuracy
- Ability to handle confidential information with discretion
Required Experience:
IC
About Company
Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability ... View more