Chennai, IND
3 days ago
Associate Payroll Specialist
**Job Overview:** The Associate Payroll Specialist utilizes existing Payroll procedures to solve routine or standard problems. They receive instruction, guidance, and direction from others within the team, and they will leverage their conceptual knowledge of theories, practices, and procedures related to Payroll and Finance. **Key Tasks and Responsibilities:** + Responsible for execution of assigned end to end Payroll activities, including processing of payroll, employee and statutory payments, payroll-related accounting, reporting, and compliance + Responsible for administration of specifically assigned payroll-related activities to include timely and accurate vendor invoice processing + Adhere to company policies and procedures + Promote a positive payroll team environment + Prepare Monthly General Ledger Reconciliation + Check and Analyze the Payroll Accounts + Update time data and pay period adjustments in the payroll system + Payroll processing and verification of payroll calculations/payments + Coordinate salary transfer to employee’s bank account + Respond to employees’ queries on payroll payments + Prepare the final statement of terminated employees + Complete monthly reconciliation of payroll accounts + Coordinate monthly deposit of withheld taxes and retirement benefits to respective authorities + Prepare annual withholding taxed and retirement benefits returns and submit them to respective authorities + Respond to payroll-related queries raised by accounting group/internal and external auditors **Essential Qualifications and Education:** + Bachelor’s degree in business, accounting, finance, or related field + Minimum 6 years of work experience in payroll + High standard of safe working practice, quality, and productivity, as well as compliance with the Code of Business Conduct + Extensive knowledge of all aspects of payroll processing + Ability to perform gross to net calculations, able to reconcile taxes, able to resolve GL and Treasury issues + Very good communication skills, ability to multi-task + Ability to work as an individual contributor as well as a team player + Ability to adhere to strict deadlines + Maintain key competencies associated with the payroll processing function + Communication and presentation skills, both written and spoken + Computer literate in Microsoft programs: Excel, Word, PowerPoint, Outlook \#LI-SK1 Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably. For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries. McDermott is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, genetic information, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.
Confirm your E-mail: Send Email
All Jobs from McDermott