Analyst Payroll, Finance
Job Summary
Arcesium is a global financial technology firm that solves complex data-driven challenges faced by some of the worlds most sophisticated financial institutions. We constantly innovate our platform and capabilities to meet tomorrows challenges anticipate the risks our clients encounter and design advanced solutions to help our clients achieve transformational business outcomes.
Financial technology is a high-growth industry as change and innovation continue to disrupt the status-quo and prompt major transformation. Arcesium is at a particularly interesting time in our own growth as we look to leverage our successfully established market position and expand operations in pursuit of strategic new business opportunities. We value intellectual curiosity proactive ownership and collaboration with colleagues and we empower you to meaningfully contribute from day one and accelerate your professional development.
Were looking for a detail-oriented Payroll Associate to join our Payroll this role youll support the end-to-end monthly payroll cycle and help the organization stay current on its statutory and regulatory obligations across the jurisdictions it operates in.
What Youll Do
Payroll Processing Support
Process monthly payroll inputs including attendance leave overtime reimbursements and new joiner and exit data.
Validate payroll data for accuracy and completeness and flag discrepancies before each payroll run.
Generation and distribution of pay slips tax statements (e.g. Form 16) and other payroll-related employee documents.
Reconcile payroll registers against the general ledger and investigate variances.
Maintain payroll trackers and keep employee master data current in the HRIS/payroll system.
Ensure timely and accurate FFS for exit employees.
Statutory & Regulatory Compliance
Timely computation and remittance of statutory dues including Provident Fund (PF) Professional Tax (PT) Tax Deducted at Source (TDS) etc.
Preparing and filing periodic statutory returns (e.g. PF ECR PT returns TDS/Form 24Q) within prescribed deadlines.
Monitor changes in payroll-related labour law tax and social-security regulations and escalate impact to the team.
Work on the actuarial valuations and coordinate for accounting and decision-making.
Ensure compliances towards Gratuity Trust accounting auditing taxation.
Prepare documentation for statutory audits inspections and internal compliance reviews.
Documentation & Audit Support
Maintain accurate audit-ready records of payroll transactions statutory filings and compliance certificates.
Support internal and external auditors with payroll data reconciliations and compliance evidence during audits.
Reconciliations of payroll GLs on a regular basis
Help prepare SOPs checklists and process documentation for payroll compliance activities.
Stakeholder Co-ordination
Respond to employee queries on pay slips deductions tax declarations statutory benefits etc.
Liaise with HR Finance and external consultants (statutory auditors PF/ESI consultants) as needed.
Work and coordinate with Finance on payroll-related accounting entries and cost allocations.
Review and send out the offer letters prepared by the payroll vendor in agreed timelines.
Providing MIS reports to concerned teams on pre agreed dates.
What Youll Need
The candidate should have bachelors degree preferably in Finance HR Accounting Business Administration or MBA with 3-5 years of experience.
The candidate must have deep knowledge and understanding of end-to-end compensation Payroll Finance and IT processes in ADP and Oracle/Tally and experience of working with these products in a global organization.
Should have excellent interpersonal oral and written communication skills with a proven ability to build solid relationships with global regional and local stakeholders.
Knowledge of India Tax and Regulatory Compliance.
Accuracy and attention to detail
Confidentiality and sound judgment with sensitive data
Strong team player and at the same time takes ownership to drive strategic objectives.
Adaptable and creative approach to address issues and solve problems.
Experience in engaging senior internal and external stakeholders including auditors statutory and regulatory compliance authorities.
Arcesiums Personal Data Privacy Notice for Candidates is linked here.
Recruiting Security
Emails from genuine Arcesium recruiters who are employees of the company will always come from some cases you may also be contacted by independent search firms engaged to recruit on our behalf; emails from their employees should always come from their firms applicable domain. Well never ask for your banking information or any payment as part of the recruiting process. If something seems off or youre contacted by an unexpected third party please reach out to us at (US/UK) (India) or (Portugal/Sweden).
Arcesium is an equal opportunity employer.
Required Experience:
IC
About Company
Arcesium's scalable, cloud-native solutions help clients in the investment industry transform operations with new and better financial data management.