Hello Visionary!
We empower our people to stay resilient and relevant in a constantly changing world. We're looking for people who are always searching for creative ways to grow and learn. People who want to make a real impact, now and in the future. Does that sound like you? Then it seems like you'd make a great addition to our vibrant international team.
We provide our Hire-to-Retire services along the complete lifecycle of an employee from onboarding to pension services and leverage our powerful ecosystem of leading external and internal partners and our network of key delivery centers We believe in the value of industry best-practice standards achieved through evolving technology and digitalization. We focus on employee experience as a key driver of our actions. In doing so, we deliver flexibility, quality and efficiency for the businesses we partner with.
Job Summary:
Payroll Specialist is responsible for processing payroll for employees in the Middle East and Africa (MEA) region. This role ensures that payroll is processed accurately and on time, in compliance with local regulations and company policies. The Payroll Specialist will also handle payroll-related inquiries and provide support to the HR and Finance teams.
You'll make a difference by:
1.Payroll Processing:
·Process monthly payroll for employees in the MEA region.
·Ensure accurate and timely disbursement of salaries, allowances, bonuses, and other compensations.
·Calculate and process statutory deductions such as taxes, social security, and pension contributions.
2.Compliance:
·Ensure compliance with local labor laws and tax regulations.
·Prepare and submit statutory filings and reports as required by local authorities.
·Stay updated on changes in payroll regulations and implement necessary adjustments.
3.Data Management:
·Maintain accurate payroll records and employee data in the payroll system.
·Verify and reconcile payroll data before processing.
·Prepare and distribute pay slips and payroll reports.
4.Issue Resolution:
·Address payroll-related inquiries and resolve issues in a timely manner.
·Liaise with HR, Finance, and external vendors to resolve payroll discrepancies.
5.Process Improvement:
·Identify opportunities to streamline and improve payroll processes.
·Participate in payroll system upgrades and implementations.
6.Reporting:
·Generate and analyze payroll reports for management.
·Provide payroll data for financial audits and other internal reviews.
Your success is grounded in:
·Bachelor's degree in Accounting, Finance, Human Resources, or a related field.
·Minimum of 3-5 years of experience in payroll processing, preferably within the MEA region.
·Strong knowledge of payroll systems and software.
·Familiarity with local labor laws and tax regulations in the MEA region.
·Excellent attention to detail and accuracy.
·Strong analytical and problem-solving skills.
·Effective communication and interpersonal skills.
·Ability to handle confidential information with integrity.
·Experience with Payroll software, e.g., SAP, Workday, ERP system
·Proficiency in Microsoft Excel and other Office applications.
Join us and be yourself!
We value your unique identity and perspective and are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society. Come bring your authentic self and create a better tomorrow with us.
This role is based in Bangalore. But you'll also get to visit other locations in India and globe, so you'll need to go where this journey takes you. In return, you'll get the chance to work with teams impacting entire cities, countries and the shape of things to come. We're Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries.