Payroll Specialist - Hybrid Office Based - Mumbai

Job ID:39952
 

Payroll Specialist
Lloyd’s Register

Location: - Mumbai

What we’re looking for 

• Responsibility for managing the relationship with the TMF service provider for all country payrolls in their Area. To work closely with the in country TMF teams to provide employees with a first class legally compliant payroll service. In addition, they develop strong working relationships with HR, the business streams, auditors and other stake holder.

 What we offer you 

• Competitive Salary
• The opportunity to work for an organization that has a strong sense of purpose, is values driven and helps colleagues to develop professionally and personally through our range of people development programmes. 

 The role 

• Work with the local TMF in-country teams (or agents) to ensure payrolls are managed to high quality, accuracy and on time; To be the main contact point for TMF for all countries under the responsibility
• Oversee non-HR related Pay/Deductions inputs such as, expenses and other taxable benefits which require reporting through payroll. Manage the data flow to TMF within the TMF timeframes
• To act as the employee contact point for any post payroll run related queries and provide employees with a good service; To manage any employee escalations by discussing with the Head of Global Payroll, HR or TMF as necessary
• Ensure countries under their responsibility are compliant for employer benefit reporting including year-end/monthly reporting. For example, employee pay/benefit statements, issue of Form 16s, Annual tax and statutory filing etc
• Support Internal/External audit queries if specific to countries in the Area, provide payroll and pension related data, support for actuarial valuations etc.  To ensure payroll allocations, accruals and payroll control accounts are matched.
• Work on Continuous Improvement initiatives supported by TMF, HR and Global Head of Payroll to ensure the most efficient payroll process
• To manage Superannuation and Gratuity trust transactions and submit the relevant applications/documents with LIC / Group pension for DB/DC pension and gratuity claims.  To act as a main focal point of contact with LIC and Pensioners and facilitate their requirements.  Submit annual DB/DC pension, gratuity, leave data for trust policy renewals and to coordinate to get the data.
• To coordinate and manage legacy and Current PF challenges and resolve the matter in support of TMF.  Provide high quality support to employees in PF related issues and update the tax related regulatory changes.
• Ensure that activities within their area of control are carried out in line with internal procedures, adhere to GDPR regulations and contractual requirements.

What you bring  

• Recognized accounting qualification and experience in payroll process
• Proficiency in MS Application including word and excel.  Experience in ERP working environment
• Effective communication and inter-personnel skills
• Ability to perform effectively under pressure with professionalism, meeting deadlines in a timely manner
• Highly numerate, self-motivated

About us 

We are a leading international technical professional service provider and a leader in classification, compliance, and consultancy services to the marine and offshore industry, a trusted advisor to our customers helping to design, construct and operate their assets to the highest levels of safety and performance. We are shaping the industry’s future through the development of novel and innovative technology for the next generation of assets, while continuing to deliver solutions for our customers every day.

Be a part of 

Lloyd’s Register is wholly owned by the Lloyd’s Register Foundation, a politically and financially independent global charity that aims to engineer a safer world through promoting safety and education. For a thriving ocean economy, Lloyd’s Register colleagues and Lloyd’s Register Foundation work together to fund research, foster industry collaboration and develop action-oriented solutions to make the world a safer place. 

Want to apply. 

Here at Lloyd’s Register, we care, we share and we do the right thing in every situation. It’s ingrained in our culture and everything we do. We are committed, and continually strive, to lead with our values that empower and enable an inclusive environment conducive to your growth, development and engagement. It doesn’t matter who you are, what you have experienced, how you identify, how old you are, where you are from, what your beliefs are or how your brain or body works – the diversity of our colleagues is fundamental to our futures and the changes we can make together. Our inclusive culture allows us to connect together authentically and to be courageous and bold. We don’t just talk about our differences, we celebrate them! 

We are committed to making all stages of our recruitment process accessible to all candidates. Please let us know if you need any assistance or reasonable adjustments throughout your application and we will do everything we possibly can to support you. 

 If you don't tick every box in these ads, please don't rule yourself out. We focus on hiring people who share our goal of working together for a safer, sustainable, thriving ocean economy. 

We care, we share, we do the right thing.

If you have further questions about this role, please contact us at careers@lr.org and we will respond to you as soon as possible.

Diversity and Inclusion at Lloyd's Register:

Together we are one Lloyd’s Register, committed to developing an inclusive and safe workplace that embraces and celebrates diversity. We strive to ensure that all applicants to LR experience equality of opportunity and fair treatment, because we believe it is the right thing to do. We hope you do too.

   As a Disability Confident Committed Employer, we have committed to:

• ensure our recruitment process is inclusive and accessible.
• communicating and promoting vacancies offering an interview to disabled people who meet the minimum criteria for the job.
• anticipating and providing reasonable adjustments as required
• supporting any existing employee who acquires a disability or long-term health condition, enabling them to stay in work.
• at least one activity that will make a difference for disabled people.

Find out more about Disability Confident at: www.gov.uk/disability-confident

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The Lloyd's Register Group comprises charities and non-charitable companies, with the latter supporting the charities in their main goal of enhancing the safety of life and property, at sea, on land and in the air - for the benefit of the public and the environment. (Group entities).