Position Summary

Analyst – India Payroll - Deloitte Consulting India Private Limited

We are looking for professionals with relevant experience in India payroll accounting and payroll regulatory compliance activities, who are looking forward to making a career in the Finance field.

Work you’ll do

As a part of this team you will be involved with:

  • Preparing and recording of payroll entries for both Regular payroll and Full and Final settlement in SAP S/4 HANA.
  • Preparing Amortization and accruals on a periodic basis.
  • Operate monthly accounting closure activities for payroll and benefits in SAP ledgers, including reconciling and balancing of payroll accounts in SAP ledgers.
  • Assisting the internal stakeholders in Audit / Tax Compliance and Financial Reporting.
  • Analyze payroll transactions for appropriate classification and compliance with generally accepted accounting standards and Deloitte accounting policy.
  • Should be a great team player, brainstorm common issues within the team and able to suggest resolution plan.
  • Coordinating with internal and External stakeholders for smooth settlement of death claims settlements as applicable to the employees as per firm policies.
  • Ensuring of keeping and compliance with all current Payroll policies, creating Process documents and procedures to ensure each process in Accounting and Compliance is documented.
  • Assist with continuous improvement in payroll accounting process.
  • Responsible for timely remittances and filing of returns of all government statutory requirements such as EPF, PT, TDS, LWF, ESIC.
  • Independently able to handle employee queries on Income Tax, EPF, PT, ESIC, LWF and any other applicable statutory compliances.
  • Maintenance and updating records of government statutory reports and handling notices issued by statutory authorities.
  • Preparation of reports requested by Management and other stakeholders.
  • Responsible for handling emails received from active/separated employees and internal/external stakeholders on activities mentioned above.
  • Interacting and coordinating with stakeholders to have processes running smoothly
  • Stay updated about the latest amendments in Taxation, Provident Fund, Payroll related guidelines/ circulars issued by the Governing authorities.

Work Location: Hyderabad

Shift Timings: 11 AM to 8 PM

The team

This position is a part of Deloitte Consulting India Pvt Ltd, within the Financial Services Group – Payroll and Personnel Solutions service line. In the India paying team, the responsibilities assigned are in support of India Payroll activities of the Deloitte India offices across four locations - Hyderabad, Mumbai, Bengaluru and Gurgaon.

Qualifications

Required:

  • Graduate/postgraduate in finance
  • 2 – 4 years of relevant experience
  • Advanced excel skills
  • Experience in India payroll accounting
  • Strong analytical skills, ability to multi-task, strong attention to details and accuracy and proficiency in the use of systems, including Microsoft suite of applications, SAP.
  • Knowledge of basic auditing and internal control standards.
  • Experience in SAP S/4 HANA (will be an added advantage)
  • Knowledge of India tax and statutory compliances
  • Proven ability to prioritize and work within strict timelines.
  • Knowledge of SAP HR systems and accounting packages
  • In-depth experience with payroll processing activities, analysis and management reporting
  • Good understanding of business terminology, business operations, and financial policies and internal controls
  • Integrity and high ethical standards and commitment to data privacy
  • Ability to identify complex issues related to nonstandard transactions and processes, and develop solutions to address relevant situations
  • Ability to work in a flexible, high pressure and client driven work environment
  • Good word processing and spreadsheet skills required
  • Effective problem solving and interpersonal skills
  • Ability to organize work, document, and report concisely
  • A typing speed of 45-50 words per minute with data entry capabilities at 7000 ksph with 5% or less errors
  • Good verbal, written communication and documentation skills

How you’ll grow

At Deloitte, we’ve invested a great deal to create a rich environment in which our professionals can grow. We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and networking opportunities—including exposure to leaders, sponsors, coaches, and challenging assignments—to help accelerate their careers along the way. No two people learn in exactly the same way. So, we provide a range of resources including live classrooms, team-based learning, and eLearning. DU: The Leadership Center in India, our state-of-the-art, world-class learning Center in the Hyderabad offices is an extension of the Deloitte University (DU) in Westlake, Texas, and represents a tangible symbol of our commitment to our people’s growth and development. Explore DU: The Leadership Center in India

Benefits

At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.

Deloitte’s culture

Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture that is inclusive, invites authenticity, leverages our diversity, and where our people excel and lead healthy, happy lives.  Learn more about Life at Deloitte.

Corporate citizenship

Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with our clients, our people and our communities.  We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities.  Learn more about Deloitte’s impact on the world.

Benefits

We believe that to be an undisputed leader in professional services, we should equip you with the resources that can make a positive impact on your well-being journey. Our vision is to create a leadership culture focused on the development and well-being of our people. Here are some of our benefits and programs to support you and your family’s well-being needs. Learn more about what working at Deloitte can mean for you.

Our people and culture

Our people and our culture make Deloitte a place where leaders thrive. Get an inside look at the rich diversity of background, education, and experiences of our people. What impact will you make? Be inspired by the stories of our people.

Professional development

You want to make an impact. And we want you to make it. We can help you do that by providing you the culture, training, resources, and opportunities to help you grow and succeed as a professional. Learn more about our commitment to developing our people.


Requisition code: 79691