Deputy Group Manager- US/UK Payroll-Bangalore-US Shifts- IBM

Role & responsibilities

As a Subject Matter Expert (SME) in Payroll Processing, you will be instrumental in ensuring accurate and timely payroll administration for our clients organization. Your expertise will play a vital role in managing payroll processes, ensuring compliance with relevant regulations, and implementing best practices to support the organization's financial and human resources objectives.

• Payroll Administration:

  Oversee end-to-end payroll processing activities, including data entry, payroll calculations, and distribution of payments to employees.

• Compliance:

  Ensure compliance with federal, state, and local regulations governing payroll processing, including tax withholding, wage and hour laws, and statutory deductions.

• Process Improvement:

  Identify opportunities to streamline payroll processes, enhance efficiency, and reduce errors through automation, standardization, and process optimization.

• Quality Assurance:

  Conduct regular audits and reviews of payroll data, reports, and processes to identify discrepancies, errors, and areas for improvement, taking corrective action as needed.

• Employee Inquiries:

  Respond to employee inquiries and requests related to payroll, deductions, taxes, and other payroll-related matters, providing accurate and timely information and assistance.

• Reporting:

  Prepare and distribute payroll reports, summaries, and analyses to management and stakeholders, providing insights and recommendations based on payroll data.

• Training and Support:

  Provide training and support to payroll staff, managers, and other stakeholders on payroll processes, policies, and procedures, ensuring understanding and compliance.

• Vendor Management:

  Manage relationships with payroll service providers, tax agencies, and other external vendors, ensuring service level agreements are met and issues are resolved promptly.

• Continuous Learning:

  Stay informed about changes in payroll regulations, laws, and industry trends, participating in professional development activities and continuing education to maintain expertise and proficiency.

• Bachelor's degree in Accounting, Finance, Business Administration, or related field
• Overall experience of 13-15 years with minimum of 5-7 years of experience in payroll processing, including experience with end-to-end payroll administration and compliance.
• Proven working experience as HR Specialists
• In-depth knowledge of payroll principles, practices, and regulations, including tax laws, wage and hour laws, and payroll accounting
• Experience supporting the implementation of Payroll processes in new deal implementations within a third-party environment
• Proficiency in payroll software and systems, with experience using payroll processing tools and technologies
• Experience supporting continuous process improvement initiatives for Payroll processes
• Experience supporting due diligence, process mapping, Knowledge Capture (KC), and Knowledge Transfer (KT) initiatives
• Strong analytical skills and attention to detail, with the ability to accurately process and reconcile payroll data
• Excellent communication and interpersonal skills, with the ability to effectively communicate with stakeholders at all levels of the organization
• Strong problem-solving skills and the ability to identify and resolve payroll-related issues in a timely manner
• Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment

Hands-on exp of Microsoft Office