Payroll and Compensation Specialist

Key Responsibilities:

Coordinate closely with HR teams in the USA and UK to manage salary-related inputs, loan/advance deductions, and other payroll requirements.

Verify employee compensation data either from the system or provided by HR, comparing it with the previous month to track any changes in salary.

Collaborate with payroll vendors to ensure accurate processing of payroll for all US and UK locations.

Transmit all payroll and reimbursement inputs accurately into the payroll vendor software.

Monitor fund availability and communicate with the treasury team to ensure sufficient funds in the bank account for payroll processing.

Review and process the final salary register provided by the vendor, ensuring accuracy on an employee-by-employee basis.

Share relevant accruals related to payroll, PTO, and leave encashments with the Accounting team.

Ensure timely processing of full and final settlements for departing employees.

Oversee the processing of monthly salaries and reimbursement payments, ensuring compliance with all relevant regulations.

Handle employee tax deductions based on declarations, ensuring accuracy and compliance.

Resolve any payroll-related queries promptly and effectively, interacting with employees as needed.

Interface with auditors during audits, providing necessary documentation and assistance.

Conduct payroll analysis to compare changes from the previous month, identifying any increases or decreases.

Willingness to work shifts as per respective location timings.

Requirements

Bachelor's degree in Accounting, Finance, or related field preferred.

Proven experience in payroll administration, preferably in a multinational environment.

Strong knowledge of payroll processing software and MS Office Suite.

Excellent communication and interpersonal skills.

Ability to work independently and as part of a team.

Detail-oriented with a commitment to accuracy and compliance.

Familiarity with social security regulations and tax laws.

Previous experience interfacing with auditors is a plus.

Flexibility to work shifts as required.