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Payroll Specialist- Senior Associate

State Street -
Bengaluru, Karnataka

Apply Now

Job details

Full-time

Qualifications

Communication skills
Account reconciliation

Full job description

Who are we looking for

India payroll specialist with the strong payroll compliance competency & efficient administration of payroll

What you will be responsible for

Maintain employee master data & payroll records in HRMS, audits for compliance with company policies, procedures and authorizations with cyclical deadlines
Develop more efficient, streamlined processes to eliminate manual work (focus on automation)
Manage payroll workload to meet operational requirements, process F&F, gratuity payments etc
Ensure regular payroll compliance with statutory payments remittances and filing requirements across locations and entity
Compile data from various sources/locations, and maintain the required registers at location/entity level to ensure the payroll compliance is met 100%
Liaise with vendor for any new registrations/renewals of certifications as per the statute
Co-ordination with vendor and monitor on all payroll compliance aspects
Interface with govt bodies (PF,ESI,PT, labor related etc)
Publish MIS reports required at location & entity level
Preparation of statutory reports required for audits
Prepare and review payroll GL account reconciliations
Ensure all payroll information and records are maintained in accordance with statutory requirements
Support all internal and external audits related to payroll
Interpret new legislation impacting payroll
Manage and resolve issues relating to payroll
Maintain employee confidence and protects payroll operations by keeping information confidential
Handle helpdesks for staff & also conduct new joiner inductions
Monitor accurate processing of staff hiring, transfers, promotions and terminations
Monitor and maintain exit data in tools, drive exit process for timely & accurate F&F settlements
Handle payroll of international Workers (incl. compliance of tax and social security benefits)

Preferred Qualifications

5-7 years of experience in a similar role with minimum graduation in commerce
Self-driven & enthusiastic
Ability to work effectively in a team and willingness to help others
Attention to detail and accuracy
Planning and organizing
Strong in labor compliance handling
Communication skills
Problem analysis and problem-solving skills
Decision-making
Stress tolerance
Team work
Flexible with timings

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Apply Now

Refine Your Search

authorization specialist jobs in bengaluru karnataka

Payroll Specialist- Senior Associate

Application Architect-Python-Lead Architect

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API Developer

Senior Platform Software Engineer

Large Language Model Architect

Senior Agentic AI Engineer

Principal AI Security Engineer

Technical Lead - Java Backend

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