Role:
The Payroll Executive is responsible for managing and overseeing the payroll functions of client
organizations that have outsourced their payroll operations. They ensure accurate and timely
processing of payroll, adherence to legal and regulatory requirements, and excellent client service. This role requires strong attention to detail, a comprehensive understanding of payroll processes, and
the ability to effectively communicate with clients and internal stakeholders.
Key Responsibilities:
Leadership and Supervision:
o Lead and mentor a team of payroll executives, providing guidance, support, and development opportunities. o Oversee the daily operations of the payroll team, ensuring that all payroll
processes are completed accurately and on time. o Conduct regular team meetings to discuss challenges, updates, and process
improvements. Payroll Management:
o Supervise the collection and review of payroll data from clients, ensuring
accuracy in timesheets, salaries, bonuses, deductions, and other relevant
information. o Oversee the input and processing of payroll data using advanced payroll
software or systems, ensuring efficiency and accuracy. o Manage complex payroll calculations, including wages, overtime, commissions, and deductions, ensuring compliance with established policies
and regulations. o Ensure that all payroll calculations comply with local labor laws, tax
regulations, and any other applicable legislation. Client Relationship Management:
o Act as the primary point of contact for high-priority clients, addressing
complex inquiries and providing expert guidance on payroll-related matters. o Collaborate with clients to resolve discrepancies and provide payroll-related
guidance, ensuring their satisfaction and retention. o Communicate effectively with clients to ensure they understand payroll
processes, deadlines, and deliverables, fostering a positive client experience. Compliance and Reporting:
o Ensure the accurate and timely filing of payroll taxes, social security
contributions, and other statutory deductions, adhering to compliance
standards. o Monitor changes in tax rates and update payroll systems accordingly, ensuring compliance with current regulations. o Generate, review, and approve payroll reports before distribution to clients or
employees, ensuring accuracy and completeness. Continuous Improvement:
o Conduct regular audits and quality checks to ensure data integrity and
compliance within the payroll team. o Stay updated with emerging trends, best practices in payroll management, and outsourcing to recommend and implement process improvements. o Identify training needs within the team and facilitate skill development to
enhance team performance and client satisfaction. Strategic Planning:
o Contribute to the development of payroll policies and procedures, aligning
them with company goals and industry standards. o Assist in the planning and implementation of payroll projects, including
system upgrades and process automation initiatives. o Provide insights and analytics to senior management, highlighting key payroll metrics, trends, and potential areas of risk.
Education & Experience
● Any Graduate ● Experience: Min. 2-3 years of exp.as a Teamlead ● High on learnability.