Roles and Responsibilities:-
This position is responsible for reviewing of monthly payroll, ensuring statutory compliances and accuracy in Payroll activities and accounting and reconciling the Payroll cost into SAP.
- Well experienced in end to end payroll processing and review.
- Monitor and review payroll registers for various locations of Razorpay and its other entities against inputs, and ensure 100% accuracy.
- Manage Salary Bank accounts in terms of fund requirements and salary and other employee payouts on a timely basis.
- Ensure on time preparation and release of full and final settlements.
- Prepare monthly payroll summary, trackers, schedules and provisions.
- Manage payroll accounting, posting of Journal entries and reconciliations on SAP with 100% accuracy.
- Perform on time month closure activities and ensure that P&L and balance sheets are reconciled on a monthly basis.
- Review and ensure the statutory compliance team on PF, PT, TDS & LWF for various locations of Razorpay and its other entities.
- Work on monthly, quarterly and annual Statutory payments and returns on a timely manor.
- Work with the payroll service provider on year end activities i.e. Investment & flexi declarations, proof collections, Form16 generation etc.
- Actively participate in internal and external Audits and ensure zero non-compliances
Qualification and Experience:-
- Must have 4 to 6 years of hands-on experience in India payroll various locations in India
- Goog to have minimum 1 to 2 years of hand-on experience with SAP S4 Hana accounting software.
- Experience with outsourced and in-house payroll processing
- Experience with various payroll tools i.e. ADP, Ascent, greytHR, Excility etc.
- Must be proficient in MS Excel and Tally.
- Must have excellent communication skills
- Good understanding of various statutory and labour compliances.
- Graduate / post graduate in commerce and accounting stream.
Location:-
- Bangalore, India.
Company Overview:-
azorpay was founded by Shashank Kumar and Harshil Mathur in 2014. Razorpay is building a new-age digital banking hub (Neobank) for businesses in India with the mission is to enable frictionless banking and payments experiences for businesses of all shapes and sizes. What started as a B2B payments company is processing billions of dollars of payments for lakhs of businesses across India.
We are a full-stack financial services organisation, committed to helping Indian businesses with comprehensive and innovative payment and business banking solutions built over robust technology to address the entire length and breadth of the payment and banking journey for any business. Over the past year, we’ve disbursed loans worth millions of dollars in loans to thousands of businesses. In parallel, Razorpay is reimagining how businesses manage money by simplifying business banking (via Razorpay X ) and enabling capital availability for businesses (via Razorpay Capital ).