Senior Payroll specialist

About this role: Wells Fargo is seeking a Senior Payroll Specialist In this role, you will: Consult on activities requiring specialized expertise related to maintaining complete and accurate records of payroll information Contribute in providing work direction, coaching, and managing daily schedules Consult in payroll inquires, records, deductions, and procedures Improve and update operations by maintaining accurate records of payroll information Guide resolution of payroll regulatory risks by applying understanding of current and new industry practices Monitor evolving industry changes and communicating implications to team Review complex data with legal compliance and the impact it will have on resources Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals Improve customer satisfaction Required Qualifications: 4+ years of experience in one or a combination of the following: HR Operations, Accounting, Payroll, or Payroll Tax, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: 4+ years of experience in one or a combination of the following: HR Operations, Accounting, Payroll, Payroll Tax, Compliance, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education University degree in Business or related discipline. Experience in India End-to-End Payroll Operations, final settlement preparation & Payroll Statutory compliance (Income tax, PF, PT, ESIC, LWF, NPS, Gratuity, Stat bonus, etc.) Preparing Monthly Payroll inputs and validate the same via maker checker process, 100% of Payroll output validation from Gorss to net for active employees and final settlement (including statutory deductions). Preparing payroll related MIS reports like CTC variance, head count, pay revision and quality reports. Experience in Onboarding process for new joiners including statutory enrolments, new hire form filling, Validation, etc. Good knowledge of Statutory outputs reports validation & returns filing (Income Tax, PF, PT, ESIC, LWF, NPS, Gratuity, Stat Bonus., etc.). Good knowledge of India tax and labour laws. Good Knowledge of 24Q filing and Form 16 preparation. Basic GL accounting knowledge is required. Good Knowledge of SAP/Global View Payroll Administration & and reconciliation of FBP reimbursements. Good Knowledge of RSR, RSU, ESPP and ESOP process. Experience in Internal/External Payroll/Full and Final Settlement/Statutory Audits. Excellent verbal, written, and interpersonal communication skills. Strong analytical skills with high attention to detail and accuracy. Medium to Advance MS Office skills, data entry skills. Experience in working with prominent industry ERP tools eg. Workday, PeopleSoft, ServiceNow SAP, and ADP Global View. Must be able to adapt to change well. Job Expectations: Manage the accurate processing of active payroll and final settlement inclusive of coordinating operational activities amongst the team, coalition of active employee payroll and settlement input, paying the Role of maker checker, handling employee and stakeholder escalations, participating in User Acceptance System Testing, training, and documenting standard operating procedures and control documents. Supervise entry to mid-level roles in transactional or tactical high complexity tasks to ensure timely completion, quality and compliance of payroll information and data. Help define enterprise-wide standards for practices of financial controls related to payroll activities and compliance; assist team in career development and assigning stretch goals. Working with finance for Salary payable and Salary receivable GL reconciliation. Negative settlement writes off process for dues do not record. Preparing monthly MIS relating to Gratuity paid and delay cases, Outstanding payments, negative settlement cases, Hold payments, death case