Job Description

:Hello visionary!We know that a business only thrives if our people are thriving. Thatxe2x80x99s why we always put our people first. Our global and diverse team would be happy to support you and challenge you to grow in many ways. Who knows where our joint journey will take you?Youxe2x80x99ll make a difference by:

• The role responsible for ensuring timely and accurate delivery of India payroll.
• This position is responsible for managing & administration of the overall Payroll shared services and ensuring compliance and accuracy in monthly Payroll activities.
• Manage certain time bound processes and ensure validation of data to be accurate and truthful i.e. Investments declaration, Form 16s, Tax Returns.
• Ensuring timelines are met for salary disbursement and statutory compliance.
• Ensuring Employee Benefits including Employee reimbursements as per rules and regulations of income tax.
• Responsible for MIS and Analytics regarding payroll and employee benefits with Standardization of reports for better decision making.
• Verification & Reconciliation of monthly payroll.
• Calculation and deposit of monthly liability of TDS on salaries.
• Preparation & Submission of Quarterly and Annual TDS returns.
• Responsible of publishing monthly Payroll Dashboard.
• Ensure Monthly payroll provisions to Finance.
• Ability to identify process deficiencies and perform initial root cause analysis in support of improvements.
• Ensure to achieve SLA targets and agreed KPIs, identification of root causes of operational issues and implementation of improvement measures.
• Effectively handling projects like merger, demergers, implementation of new entity, performing UAT and taking to the closure.

Your success is grounded in:

• Proven working experience as Payroll lead.
• People oriented and results driven.
• Knowledge of HR systems and databases.
• Ability to architect strategy along with leadership skills.
• Excellent active listening, negotiation, and presentation skills.
• Competence to build and effectively manage interpersonal relationships at all levels of the company.

Join us and be yourself!We value your unique identity and perspective and are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society. Come bring your authentic self and create a better tomorrow with us.This role is based in Bangalore. But youxe2x80x99ll also get to visit other locations in India and globe, so youxe2x80x99ll need to go where this journey takes you. In return, youxe2x80x99ll get the chance to work with teams impacting entire cities, countries and the shape of things to come. Wexe2x80x99re Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries.

Siemens