Payroll Specialist

About the Role:

Grade Level (for internal use):

08

About the Team:

Our team is responsible for the monthly and annual payroll operations supporting approximately 16,000 employees in India. We manage Payroll Operations for India and Pakistan, with operations based out of Hyderabad, Ahmedabad, and Gurgaon. Payroll is outsourced to a third-party service provider, and our focus is on accurate delivery each month. We also handle payroll-related regulatory compliances, including Income Tax, Provident Fund, Gratuity, ESIC, Professional Tax, Statutory Bonus, and Labour Welfare Fund. Our team fosters a conducive and competitive atmosphere to drive performance and enhance employee experience, managing payroll for six entities every month.

Impact:

The payroll department is crucial not only for employee salary compensation but also for protecting the company’s reputation by ensuring compliance with various legislations. Payroll significantly impacts our business and every aspect of the organization, from the company’s reputation to employee morale. We lead by example, create a positive work environment, and drive team efforts to achieve group and individual goals. We develop, implement, and improve procedures to streamline workflow and resolve conflicts independently, handling stressful situations appropriately.

Work Shift:

This is a general shift role. However, based on dynamic business requirements, you may be required to work morning, evening, or night shifts.

What’s in it for you?

• Professional growth through managing projects and additional responsibilities.
• Opportunity to work with Payroll and HR teams to implement operational efficiencies.
• Interaction with multiple partners across various locations and time zones, developing key skills in time management, stakeholder management, international communication, and project management.

Principal Responsibilities:

• Manage end-to-end payroll for multiple entities.
• Monitor and resolve integration errors, defect logs, and pre-processing errors regularly to ensure accurate outputs.
• Reconcile reports, payroll inputs in templates, and ensure timely payroll closure.
• Promote process automation to drive efficiency.
• Monitor exit clearances and provide approvals after checking payroll dues.
• Manage payroll workflow to ensure accurate and timely processing of all payroll transactions.
• Reconcile payroll prior to transmission and validate confirmed reports.
• Ensure time and attendance processing and interface with payroll if necessary.
• Process correct garnishment calculations and ensure compliance.
• Handle regulatory compliances, including Income Tax deductions, Provident Fund, ESIC, PT, Statutory Bonus, and LWF.
• Support Finance, HR, and management with required reports.
• Ensure timely year-end reporting when necessary.
• Investigate and resolve discrepancies and employee queries related to payroll.
• Conduct payroll orientation for new joiners and periodic payroll awareness sessions.

Qualifications:

• Graduation in any discipline, with a preference for commerce graduates.
• Minimum of 5+ years of experience in end-to-end payroll processing, demonstrating best practices.
• Solid understanding of payroll-related compliances and Income Tax.
• Excellent communication skills (verbal and written) with strong problem-solving aptitude.
• High attention to detail and confidentiality.
• Strong work ethic and team player.
• Preferred working knowledge of Time Tracking, Workday, Success Factors, Employee Central, Kronos, Cloudpay etc.
• Strong organizational, multi-tasking, and prioritizing skills.

#L1-RS2

What’s In It For You?

Our Purpose:

Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.
Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.

Our People:

We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.
From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We’re constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.

Our Values:
 

Integrity, Discovery, Partnership

At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.
Benefits:

We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.
Our benefits include: 

• Health & Wellness: Health care coverage designed for the mind and body.

• Flexible Downtime: Generous time off helps keep you energized for your time on.

• Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.

• Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.

• Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.

• Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Diversity, Equity, and Inclusion at S&P Global:
At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation – Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn’t stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.

20 - Professional (EEO-2 Job Categories-United States of America), HUMRES203 - Entry Professional (EEO Job Group)