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Payroll Specialist (HUM02274)

Human Resources
Mumbai
About Us
Zycus is a pioneer in Cognitive Procurement software and has been a trusted partner of choice for large global enterprises for two decades. Zycus has been consistently recognized by Gartner, Forrester, and other analysts for its Source to Pay integrated suite. Zycus powers its S2P software with the revolutionary Merlin AI Suite. Merlin AI takes over the tactical tasks and empowers procurement and AP officers to focus on strategic projects; offers data-driven actionable insights for quicker and smarter decisions, and its conversational AI offers a B2C type user-experience to the end-users.

Zycus helps enterprises drive real savings, reduce risks, and boost compliance, and its seamless, intuitive, and easy-to-use user interface ensures high adoption and value across the organization.

Start your #CognitiveProcurement journey with us, as you are #MeantforMore

We Are An Equal Opportunity Employer:
Zycus is committed to providing equal opportunities in employment and creating an inclusive work environment. We do not discriminate against applicants on the basis of race, color, religion, gender, sexual orientation, national origin, age, disability, or any other legally protected characteristic. All hiring decisions will be based solely on qualifications, skills, and experience relevant to the job requirements.
Job Description
We are looking for a Payroll Executive in our HR Team who will be responsible for end-to-end payroll process management.

Role and Responsibilities:
  • Manage  end–to–end payroll processing of overall 1500+ employees (Full time and Contract employees)
  • Ensure timely and accurate salary disbursal of salaries to employees
  • Manage the company payroll vendor and ensure compliance and accuracy in monthly payroll Activities
  • Collaborate with payroll vendor to ensure validation of PF/ESIC/PT/LWF/Income TAX calculation. 
  • Ensure accurate and timely sending of payroll input to Payroll Service Provider and our Finance Team
  • Processing Full and Final settlements including Leave encashment, LTA, Gratuity, Bonus, Maternity leave and other statutory benefits. 
  • Ensuring payment of statutory dues including TDS, Provident Fund, ESIC, Professional Tax, Mediclaim, Insurance, Gratuity etc. 
  • Preparing reconciliation statement month on month.
  • Handling the Attendance & Leave Management systems to ensure accurate payroll inputs.
  • Will be responsible for Incentive processing of employees.
  • Manage investment Declarations and proofs submission of employees.
  • Resolve employee queries/issues in payroll and manage employee grievances
  • Esnuring proper MIS and auditable documents are kept
Job Requirement
Skills, Knowledge and Experience required:
  • 2 - 6 years of experience in managing payroll process
  • Should be an expert in Microsoft Excel. Should know macros, vlookup and other advanced excel formulas
  • Should have very strong numerical and analytical abilities. Needs to be strong in numerical and mathematical skills
  • Should have good Communication Skills both spoken and written
  • Should have good knowledge of Compensation Practices in the industry and Government Polices
Five Reasons Why You Should Join Zycus:
  1. Cloud Product Company: We are a Cloud SaaS Company and our products are created by using the latest technologies like ML and AI. Our UI is in Angular and we are developing our mobile apps using React.
  2. A Market Leader: Zycus is recognized by Gartner (world’s leading market research analyst) as a Leader in Procurement Software Suites.
  3. Move between Roles: We believe that change leads to growth and therefore we allow our employees to shift careers and move to different roles and functions within the organization
  4. Get a Global Exposure: You get to work and deal with our global customers.
  5. Create an Impact: Zycus gives you the environment to create an impact on the product and transform your ideas into reality. Even our junior engineers get the opportunity to work on different product features.
About Us
Zycus is a pioneer in Cognitive Procurement software and has been a trusted partner of choice for large global enterprises for two decades. Zycus has been consistently recognized by Gartner, Forrester, and other analysts for its Source to Pay integrated suite. Zycus powers its S2P software with the revolutionary Merlin AI Suite. Merlin AI takes over the tactical tasks and empowers procurement and AP officers to focus on strategic projects; offers data-driven actionable insights for quicker and smarter decisions, and its conversational AI offers a B2C type user-experience to the end-users.
Zycus helps enterprises drive real savings, reduce risks, and boost compliance, and its seamless, intuitive, and easy-to-use user interface ensures high adoption and value across the organization.
Start your #CognitiveProcurement journey with us, as you are #MeantforMore