Payroll Specialist at Halborn

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Consumer Goods, HealthcareIndustries

Requirements

Demonstrated payroll processing experience (3-5 years)
Strong knowhow of payroll legislation and processes
Use of payroll system for at least 3 years
Understanding of International assignees employee payroll (expatriates’ shadow payroll)
English fluent
Excellent communication skills
Attention to detail
Numerical ability and data entry skills
Ability to work autonomously and within respect of deadlines
Focus on continuous Improvement in payroll and HR administration processes
Customer service and team oriented
Good organizational skills
Experience on shared service center environment
Experience on Workday/Service Now System
Experience on payroll vendor changes projects (Preferred)

Responsibilities

End to end processing of India monthly, quarterly and yearly payroll process (Ideally more than 1 country expertise)
Updating and maintaining payroll records (Joiners/Leavers/Changes) and payroll master data
Liaising with staff and management on payroll related queries
Process accurate and timely payroll monthly and yearly reporting (reporting with state authorities like Tax Office, statutory Pension, providing), providing input for Finance teams – monthly GL accounting data
Ensure that statutory payments and filing are done within timelines
Responsible for internal deliverables like reporting to other teams, GL files, reconciliation
Process payroll related allowances and deductions, delivering yearly bonus and merit cycle
Importing/exporting payroll interface file & issue resolution
Processing of all variable wage components like hours, bonuses, provision, leaves, employee stock option plans reporting and International assignees’ payroll (expatriates’ shadow payroll)
Responsible for financial controls incl. SOX and operational controls maintained at a local country level
Responsible for all operational aspects in terms of vendor management in outsourced payroll environment including contractual performance management cycle with vendor (tracking KPI’s/issue escalation/monthly SLA meetings)
Responsible for Continues Improvement within functional area of payroll process and embedding Employee Centric process changes into daily routine
Manage employee queries
Handling TDA/PF/VPD.LWF.PT for all locations
Timely processing of the employees’ full and final settlement
Engage proactively with internal stakeholders to understand business needs, communicate product changes, and gather feedback for continuous improvement
Manage relationships with service providers, including performance monitoring and escalation of service issues
Facilitate regular stakeholder meetings to ensure alignment and transparency

Skills

Key technologies and capabilities for this role

Payroll ProcessingPayroll Records ManagementStatutory CompliancePayroll ReportingGL AccountingReconciliationTax FilingPension Reporting

Questions & Answers

Common questions about this position

What are the key responsibilities of the Payroll Specialist role?

The role involves end-to-end processing of India monthly, quarterly, and yearly payroll (ideally with expertise in more than one country), updating payroll records, liaising on queries, ensuring statutory payments and filings, managing vendor relationships in an outsourced environment, and handling employee queries and full & final settlements.

What skills are required for the Payroll Specialist position?

The ideal candidate needs strong analytical skills, attention to detail, and the ability to manage multiple tasks efficiently, along with expertise in payroll processing, statutory compliance, and vendor management.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this Payroll Specialist role?

This information is not specified in the job description.

What makes a strong candidate for this Payroll Specialist job?

A strong candidate will have payroll expertise ideally in more than one country, experience with end-to-end payroll processing including statutory filings and vendor management in an outsourced environment, plus strong analytical skills, attention to detail, and multitasking ability.

Halborn

Cybersecurity for blockchain and digital assets

About Halborn

Halborn specializes in cybersecurity focused on blockchain technology and digital assets. The firm provides security audits, penetration testing, and consulting services to clients in the digital finance sector, including cryptocurrency exchanges and Decentralized Finance (DeFi) companies. Their services help ensure the security of digital assets and financial infrastructure by addressing the specific security threats associated with blockchain technology. Halborn stands out from competitors due to its deep understanding of both blockchain and traditional financial security, which allows them to offer tailored solutions. The company's goal is to protect businesses from security threats, ensuring the safe operation of digital exchanges and the integrity of smart contract infrastructure.

Miami, FloridaHeadquarters

2019Year Founded

$87.5MTotal Funding

SERIES_ACompany Stage

Cybersecurity, Financial ServicesIndustries

51-200Employees

Benefits

Health Insurance

Unlimited Paid Time Off

Company Equity

Risks

Increased targeting of Bitcoin hot wallets poses risks to Halborn's clients.

AI-powered social media bot farms could introduce new cyber threats.

Ongoing vulnerabilities in smart contracts remain a challenge for Halborn's services.

Differentiation

Halborn specializes in blockchain and digital asset cybersecurity, setting it apart.

The company offers high-level security audits and penetration testing for DeFi clients.

Halborn's expertise in both blockchain and traditional finance security is unique.

Upsides

Growing demand for blockchain security boosts Halborn's market potential.

Partnerships with Tholos and Orion Protocol enhance Halborn's Web3 security reputation.

Tokenized real-world assets present new opportunities for Halborn's security solutions.

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