BDO India Services Private Limited is the India member firm of BDO International. BDO India offers strategic, operational, accounting and tax & regulatory advisory & assistance for both domestic and international organisations across a range of industries. BDO India is led by more than 190 Partners & with a team of over 5600 professionals operating across 12 cities. We expect to grow sizably in the coming 3-5 years, adding various dimensions to our business and multiplying the increasing the current team size multi-fold.
Position Title
Associate / Senior Associate
Location
Bangalore/Pune/Noida/Hyderabad/Kolkata
Department
BSO – Payroll Outsource
Qualification
Graduation in Commerce or equivalent or Master Degree
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Ensure all allocated client’s payroll is processed accurately and timely
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Oversee the end-to-end payroll process, including data collection, input, calculations, and reporting.
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Ensure accurate and timely processing of payroll for employees across multiple locations.
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Process complex payroll calculations, including bonuses, commissions, and tax withholding.
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Oversee salary changes, compensations, deductions, bonus, variable payouts and benefits to employees.
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Stay updated on evolving payroll laws, regulations, and tax requirements to ensure compliance.
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Lead efforts to improve payroll processes, enhance system efficiency, and reduce errors.
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Perform regular audits and reconciliations to identify and resolve discrepancies.
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Prepare payroll reports for management and finance teams, analysing payroll data and trends.
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Prepare payroll reports for management and finance teams, analysing payroll data and trends.
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Ensure 100% error free deliverables.
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Taking care of statutory deductions precisely (Income Tax, PF, ESI, PT, LWF) and remittances of all statutory liabilities in time
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Complies with all payroll related statutory returns
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Knowledge one TDS filing, Form 16 generation, TRACES
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Conducting internal system and process health checks
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Ensure the maintenance of maker and checker concept & follow the process/work flows
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Updating on income tax and other state laws amendments and rules
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Maintain employee payroll records data in system
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Maintains employee confidence and protects payroll operations by keeping information confidential
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Preparation and follow process checklists
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Client Management
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Response to queries from employees within TAT, conduct payroll helpdesk
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Audit Support and providing required details for Statutory / Internal Audits
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Preparation of internal reports and provide all required information/data to reporting manager
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Preparation of JVs and providing required information to client
Domain Knowledge
Collaboration
Strategic Thinking
Knowledge on Payroll Software
Interpersonal Relationship & Respect
Payroll Compliance and Labour Laws
