Job Description

and RequirementsMember of the Finance team who ensure accurate processing and recording of company\'s payroll, provide timely and accurate financial information. Operates as the subject matter expert, continuously looks for improvements in operational processes and designs and implements those initiatives.Roles and Responsibilities:- Payroll processing:
o Process bi-weekly payroll for all employees from Employee Records/Data base and other related sources.
o Manage tax and withholding records and deductions for all federal, state, local or other corporate taxes that affect payroll amounts.
o Set up each individual new hire with all the necessary forms, including direct deposit requests, wage verification, I-9 information, and W-4 reports.
o Produce yearly employee withholding tax reports in a timely fashion to ensure all employees are able to prepare their taxes without delay.
o Answer questions regarding pay checks, withholding tax issues or wage adjustments from employees and help troubleshoot possible issues with pay.
o Follow and calculate all outside wage garnishment requests or judgments when required on an individual\'s paycheck.
- Compliance
o Statutory compliances with respect to 401K, Social Security, FICA, FLSA, FUTA and other related compliances.
o Preparation and Co-ordination with auditors and ensures smooth completion of audits related to payroll.
- MIS reports
o Preparation of monthly and quarterly payroll cost variance report ( CC wise, BU wise and function wise ).
o Preparation of monthly payroll MIS and adhoc reports for management
- ADP software knowledge - knowledge payroll processing through ADP is an added advantage.Job Requirements:\xef\x81\xb6 5 to 10 yrs of experience in handling payroll of IT companies preferable using ADP software.
\xef\x81\xb6 Degree or Masters Degree from any recognized university.
\xef\x81\xb6 Expertize knowledge of retirement benefits like 401K, Social Security, FICA, FLSA, FUTA.
\xef\x81\xb6 Strong knowledge of federal and state tax regulations.
\xef\x81\xb6 Exposure to labour law compliances.
\xef\x81\xb6 High degree of professionalism.
\xef\x81\xb6 Ability to deal sensitively with confidential material.
\xef\x81\xb6 Decision-making, problem-solving, and analytical skills.
\xef\x81\xb6 Must have good interpersonal, written and verbal communications and good presentation skills.Hire TypeEmployeeJob CategoryFinanceJob SubcategoryAccounting

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