Human Resource Operations | Genpact
Job Description
With a startup spirit and 115,000+ curious and courageous minds, we have the expertise to go deep with the world’s biggest brands—and we have fun doing it. Now, we’re calling all you rule-breakers and risk-takers who see the world differently, and are bold enough to reinvent it. Come, transform with us.
Are you the one we are looking for?
We are inviting applications for the role of Management Trainee, Payroll
In this role, you will be responsible to prepare all the required document, calculations and inputs to ensure all payrolls (about 70) are processed on time and accurately. This individual must possess a strong working knowledge of Labor Law, Payroll Taxes and Compliance and State Tax Withholdings and Compliance to ensure all process adhere to regulatory guidance. This individual is expected to execute the payroll and bonus process at a granular level, find opportunities for process improvement, and support the Payroll Manger to implement change over time. As the primary interface between the payroll team, HR, Tax, Shareholder Services and Bridgewater’s internal clients, this role requires excellent communication ability and as well as customer service orientation.
Responsibilities
Perform document reviews, calculations and entries required for all payrolls timely and accurately
Perform document reviews, calculations and execute entries for all payrolls to ensure compliance with regulatory requirements
Perform document reviews, calculations and execute entries for all payrolls in compliance with HR and Tax Policies
Train new Payroll Processors
Execute all work in adherence with all control requirements
Execute on under the guidance of the Payroll Manger or Sr. Payroll Processor to the request and supply documentation to support audits (tax, Workmen’s Compensation, ERISA/5550, Finance Audits, etc.)
Perform all entries and tasks under the direction of the Sr. Payroll Processor to Performance Bonus process and calculations including Termination pro-rated Bonuses
Execute the documentation of the processes and procedures
Provide strong customer service to the client and stakeholders with prompt response and problem resolution. Refer highly sensitive or complex issues promptly to the Sr. Payroll Processor and/or Payroll Manager
Execute the metrics process providing key measures of performance and drivers
Maintain the confidentiality of all the employee and compensation information
Perform general ledger entries produced by the processes timely
Perform Compensation Accruals timely and accurately and in accordance with policies
Perform account reconciliation and roll-forwards for compensation related accounts as assigned by the Accounting Team
Perform analytics and metrics related to compensation and bonus accounts activity and balances
Perform tests to ensure the relevant systems are configured, maintained and have controls as designed to achieve the responsibilities of the Team
Effectively execute on last minutes changes, requests and exceptions
Operate in adherence to Genpact policies
Perform reconciliation under the direction of the leadership of Federal and State Tax filings accurately and timely (Periodic payments, monthly, quarterly and annual filings)
Execute in compliance with all jurisdictions and court ordered requests
Execute prompt and accurate delivery of ad-hoc requests
Provide accurate and timely reporting of relevant and accurate information for the China Payrolls and Tax filings under the direction of the Sr. Payroll Processor
Perform all follow-ups for missing information required (manual timecards, overpayments, etc.)
Calculate and enter the proper allocation of compensation and taxation in employee’s worked-in-states under the direction of the Sr. Payroll Processor
Find opportunities for automation, improvement and efficiency
Qualifications we seek in you
Minimum qualifications
4 years or more experience in relevant Payroll Domain.
B.Com, M.Com, MBA, CA, CPA.
Proficient knowledge of CT Labor Laws, Federal & State tax withholding requirements, and Federal Payroll Tax filing requirements.
Proficient knowledge of HR policies.
Working knowledge with Accounting Policies relating to compensation accruals, period expense recognition, Short-Term and Long Term classification of assets and liabilities, account reconciliations, roll-forwards and analytics.
Proficient knowledge of Workday, ADP and Service Now systems.
Working knowledge of Executive and Equity Compensation.
Proficient in MS Office applications, especially in Advanced MS-excel knowledge.
Excellent verbal communication, Interpersonal, Analytical Skills & highly proactive in approach.
Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com. Follow us on Twitter, Facebook, LinkedIn, and YouTube.
Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a ‘starter kit,’ paying to apply, or purchasing equipment or training.
