Envalior Looking For International Payroll Specialist (Pune, India) at Pune, Maharashtra, Full Time

Established in 2023, but with a combined heritage of over 100 years, Envalior is entering the market as a leading global engineering materials powerhouse offering novel and innovative solutions to today’s world. Envalior brings together two highly complementary established players in DSM Engineering Materials and LANXESS High Performance Materials.

We offer a uniquely positioned portfolio of longstanding material, application, and design expertise, creating real and meaningful value for our customers and the greater global society. To grow this leading global engineering materials company, we hire new colleagues to strengthen the foundation for the new organization. This is the perfect time to influence change, challenge the status quo, be part of something new and exciting, craft, create and develop the best in ALL WORLDS and be part of something truly innovative, inspirational and transformational.

Do you want to be part of this exciting journey ahead? Do you love working in an international, highly energized, and collaborative team? Maybe it’s you we are looking for in our Global HR team, as our International Payroll specialist

Requirements

The Payroll Specialist role provides subject matter expertise and execution of the payroll of our Legal Entities in Americas and Asia. As a payroll specialist, your role revolves around ensuring accurate and timely processing of payroll for an organization’s employees.

Your Responsibilities{{:}}

This role is responsible to deliver payroll processing service for legal entities in US and Asia , ensuring the operational aspects of payroll processing and associated activities (including Build to Gross and Gross to Net, Pay processing, Post payroll validation, T&A management and reporting) are accurate and delivered within appropriate timeframes and comply with relevant legislation.

Overall, as a payroll specialist, attention to detail, confidentiality, and a strong understanding of payroll regulations are essential to effectively manage payroll operations. Below are breakdown of some common responsibilities{{:}}

·         Payroll Processing{{:}} This involves calculating wages, salaries, deductions, and bonuses for employees based on their time records or contracts.

·         Compliance{{:}} Staying updated with relevant tax laws, labor regulations, and company policies to ensure payroll practices remain compliant.

·         Data Entry & Record Keeping{{:}} Inputting employee data, including new hires, terminations, changes in salary & adjustments to benefits.Maintaining accurate records of payroll transactions. Also data transfer from time and attendance system to Payroll engine

·         Benefits Administration{{:}} Overseeing employee benefits, such as health insurance, retirement plans, and flexible spending accounts, and ensuring they are accurately reflected in payroll.

·         Payroll Tax Management{{:}} Calculating, withholding & remitting payroll taxes to appropriate government agencies. This includes income tax, Social Security, Medicare & unemployment taxes.

·         Reporting{{:}} Generating reports for management, accounting, and regulatory purposes. This may include payroll summaries, tax reports, and audits.

·         Problem Resolution{{:}} Addressing payroll-related inquiries and discrepancies from employees, managers, and external stakeholders.

·         Systems Management{{:}} Utilizing payroll software or systems to streamline processes and improve efficiency. This may involve implementing upgrades, troubleshooting issues, and ensuring data security.

·         Communication{{:}} Collaborating with HR, finance, and other departments to ensure alignment on payroll-related matters, such as compensation changes, benefits enrollment, and budget forecasting.

·         Continuous Improvement{{:}} Identifying opportunities to enhance payroll processes, reduce errors, and increase accuracy through automation, training, or policy refinement.

Skills and attributes for success

• Good understanding of payroll, Income  tax, social security, union agreements for Asian and American region
• Good at project management and stakeholder management skills,
• Service excellence, customer orientation,
• Comfortable with Microsoft Office suite of products,
• Good understanding of payroll tools/technologies, if needed the ability to quickly adapt to a new tool

Requirements

• 5+ years of experience in international payroll
• Experience of implementing payroll is an added advantage
• Familiar with publishing monthly metrics and reporting
• Payroll/HR/Finance/Systems background with an understanding of the core competencies of the payroll process
• Proven ability to work effectively either as an individual or member of a team and relate effectively with staff on all levels

·         Ability to maintain confidentiality and handle sensitive information with discretion.

• Should hold a Bachelor’s degree in Commerce or Tax

·         Effective communication (English) and interpersonal skills.

Benefits

Compensation{{:}} We offer competitive compensation packages, inclusive of a global bonus program and an individual performance bonus program.

Comprehensive Benefits{{:}} We provide a variety of benefits to support your financial security, health and wellbeing including retirement plans, health programs, life insurance and medical care.

Work-Life & Flexibility{{:}} We support you in maintaining a balance between working hours and personal life. With our global “Xwork” program, we offer flexible working arrangements in all countries in which we operate.

Training & Development{{:}} We are committed to your professional and personal development and encourage you in the ongoing pursuit of education, training and knowledge through both formal and informal learning.

Diversity{{:}} For us, talent matters, we welcome everyone who commits to our values. We strongly believe that including diverse perspectives makes us more innovative and enhances our competitiveness. Therefore, we embrace the uniqueness of every single individual and are truly committed to supporting our people in developing their individual potential.

Interested in this position? Please apply on-line by sending us your resume & Motivation letter in English via the career portal or contact the recruiter directly vikas.karnik@envalior.com. Reference check procedures are part of the ENVALIOR Recruitment & Selection Process and will be contacted when these references checks are required.

Envalior is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

If you need assistance or an accommodation due to a disability, you may contact us at Vikas.karnik@envalior.com