Associate Analyst/ Analyst - Payroll Accounting & Compliance- Hyderabad

Associate Analyst/Analyst - Payroll activities - Deloitte Consulting India Private Limited

We are looking for professionals with relevant experience in India Payroll, Reconciliations and Statutory compliance activities, who are looking forward to enhancing career in the Finance field.

Primary:

• • Coordinating with stakeholders to obtain timely and accurate inputs.
  • Collating, validating, and reviewing stakeholders’ inputs for all employees timely and accurately.
  • Flag off exceptions observed in the payroll inputs and ensure the same is considered in line with firm policies and guidelines.
  • Validating the payroll reports and reconciling with master files.

• Assisting the internal stakeholders in Audit / Tax Compliance and Financial Reporting.

• Stay updated about the latest amendments in Taxation, Provident Fund, Payroll related guidelines/ circulars issued by the Governing authorities.

• To be well versed with latest Payroll and compliance related guidelines.

• Ensuring compliance with all current Payroll policies, creating Process documents and procedures to ensure each process in Accounting and Compliance is documented.

• Assist with continuous improvement in payroll related processes.

Secondary:

• • Fielding various payroll inquiries from employees and other stakeholders
  • Preparation of ad hoc reports as on when needed basis.
  • Preparing periodic reporting for leadership and other stake holders
  • Should be a great team player, brainstorm common issues within the team and able to suggest resolution plan.
  • Ensure strict compliance to PII guidelines

Work Location: Hyderabad

Qualifications Required:

• Graduate/postgraduate in Accounting
• Experience in India and US payroll accounting
• Position requires strong analytical skills, ability to multi-task, strong attention to details and accuracy and proficiency in the use of systems, including Microsoft suite of applications, SAP.
• Knowledge of basic auditing and internal control standards.
• Effective Communication skills
• 2 - 4 years of relevant experience
• Advanced excel skills
• Experience in India payroll processing, data maintenance, accounting & regulatory compliances
• Knowledge of India tax and statutory compliances
• Proven ability to prioritize and work within strict timelines.
• In-depth experience with payroll processing activities, analysis and management reporting
• Good understanding of business terminology, business operations, and financial policies and internal controls
• Integrity and high ethical standards and commitment to data privacy
• Ability to identify complex issues related to nonstandard transactions and processes, and develop solutions to address relevant situations
• Ability to work in a flexible, high pressure and client driven work environment
• Good word processing and spreadsheet skills required
• Effective problem solving and interpersonal skills
• Ability to organize work, document, and report concisely
• A typing speed of 45-50 words per minute with data entry capabilities at 7000 ksph with 5% or less errors
• Good verbal, written communication, and documentation skills
• Should be a great team player, brainstorm common issues within the team and able to suggest resolution plan