Associate / Senior Associate

About Company 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. Details: Job Code MS/Kolkata/4511 Position Title Associate / Senior Associate Location Bangalore/Pune/Noida/Hyderabad/Kolkata Department BSO – Payroll Outsource Experience 2- 5 Qualification Graduation in Commerce or equivalent or Master Degree Core role & responsibilities: Ensure all allocated client’s payroll is processed accurately and timelyOversee the end-to-end payroll process, including data collection, input, calculations, and reporting.Ensure accurate and timely processing of payroll for employees across multiple locations.Process complex payroll calculations, including bonuses, commissions, and tax withholding.Oversee salary changes, compensations, deductions, bonus, variable payouts and benefits to employees.Stay updated on evolving payroll laws, regulations, and tax requirements to ensure compliance.Lead efforts to improve payroll processes, enhance system efficiency, and reduce errors.Perform regular audits and reconciliations to identify and resolve discrepancies.Prepare payroll reports for management and finance teams, analysing payroll data and trends.Prepare payroll reports for management and finance teams, analysing payroll data and trends.Ensure 100% error free deliverables.Taking care of statutory deductions precisely (Income Tax, PF, ESI, PT, LWF) and remittances of all statutory liabilities in timeComplies with all payroll related statutory returnsKnowledge one TDS filing, Form 16 generation, TRACESConducting internal system and process health checksEnsure the maintenance of maker and checker concept & follow the process/work flowsUpdating on income tax and other state laws amendments and rulesMaintain employee payroll records data in systemMaintains employee confidence and protects payroll operations by keeping information confidential Preparation and follow process checklistsClient ManagementResponse to queries from employees within TAT, conduct payroll helpdeskAudit Support and providing required details for Statutory / Internal AuditsPreparation of internal reports and provide all required information/data to reporting managerPreparation of JVs and providing required information to clientCompetencies:Domain Knowledge Collaboration Strategic Thinking Knowledge on Payroll Software Interpersonal Relationship & Respect Payroll Compliance and Labour Laws