Job Description
Full Job Description
Company Description
H&M is a fashion brand, offering latest styles and inspiration for all- Always. Customers will find everything from fashion pieces and unique designer collaborations to affordable wardrobe essentials, complete-the-look accessories and motivational workout wear. All seasons, all styles, all welcome! But H&M is more than just fashion. With price, quality and sustainability deeply rooted in its DNA, H&M is not only a possibility for everyone to explore their personal style, but it also offers a chance to create a more sustainable fashion future. Visit hm.com for more information or follow @HM for daily inspiration
Job Description
Payroll Expert
Coordination with payroll outsourcing company and drive to build a smooth payroll processes , delivery of payroll needs in terms of accuracy of data , timely payouts, , follow SLAs (Service level agreement), meet all statutory obligations and secure accurate and on time actions on all relevant reporting
Collaborate with Accounting team regarding salary payments, bank reconciliations and to maintain accurate
payroll liabilities on the Balance Sheet including wages, incentives, taxes, benefits etc.
Update, administer, communicate on all employee benefits and H&M Incentive Program
Seek ways to proactively improve payroll routines and outcomes; develop & implement solutions that are aligned and consistent with H & M group global guidelines
Assist in projects directed by the Payroll Manager
Identify and address needs for support in existing tools and explore options to use / update relevant technology and automation.
Business Partner
Stay updated on knowledge of relevant legislations, policies, the business and its operations; apply this knowledge of business and local legislations, policies to facilitate business decisions
Implement programs, policies, and routines to drive an engaged and performing organization
Provide outstanding customer service to our internal customers (employees) regarding all payroll questions and concerns
Provide support to the business leaders (in stores, area, offices) regarding payroll matters and resolve issues
Communciation
Be the first point of contact for all external customers (authorities, auditors, consultants, payroll vendor) for all issues concerning payroll, statutory, retiral, social and insurance matters
Communicate any statutory changes to employees that will affect salaries
Communicate changes in benefits and payroll processes to employees and provide training when necessary
Additional Information
Few Competencies:
Comprehensive knowledge of payroll policies and procedures, local legislations and current trends
Passion for numbers, people and customer (internal and external).
Analytical skills
Excellent written and spoken English. Networker with excellent interpersonal skills (multicultural environment)
Strong problem solving and analytical capabilities, creativity and flexibility to take relevant actions
Proactive working
Ability to work on deadlines
Ability to interpret and enforce changes in legislative compliance in order to ensure accuracy of payroll
Company Description
H&M is a fashion brand, offering latest styles and inspiration for all- Always. Customers will find everything from fashion pieces and unique designer collaborations to affordable wardrobe essentials, complete-the-look accessories and motivational workout wear. All seasons, all styles, all welcome! But H&M is more than just fashion. With price, quality and sustainability deeply rooted in its DNA, H&M is not only a possibility for everyone to explore their personal style, but it also offers a chance to create a more sustainable fashion future. Visit hm.com for more information or follow @HM for daily inspiration
Job Description
Payroll Expert
Coordination with payroll outsourcing company and drive to build a smooth payroll processes , delivery of payroll needs in terms of accuracy of data , timely payouts, , follow SLAs (Service level agreement), meet all statutory obligations and secure accurate and on time actions on all relevant reporting
Collaborate with Accounting team regarding salary payments, bank reconciliations and to maintain accurate
payroll liabilities on the Balance Sheet including wages, incentives, taxes, benefits etc.
Update, administer, communicate on all employee benefits and H&M Incentive Program
Seek ways to proactively improve payroll routines and outcomes; develop & implement solutions that are aligned and consistent with H & M group global guidelines
Assist in projects directed by the Payroll Manager
Identify and address needs for support in existing tools and explore options to use / update relevant technology and automation.
Business Partner
Stay updated on knowledge of relevant legislations, policies, the business and its operations; apply this knowledge of business and local legislations, policies to facilitate business decisions
Implement programs, policies, and routines to drive an engaged and performing organization
Provide outstanding customer service to our internal customers (employees) regarding all payroll questions and concerns
Provide support to the business leaders (in stores, area, offices) regarding payroll matters and resolve issues
Communciation
Be the first point of contact for all external customers (authorities, auditors, consultants, payroll vendor) for all issues concerning payroll, statutory, retiral, social and insurance matters
Communicate any statutory changes to employees that will affect salaries
Communicate changes in benefits and payroll processes to employees and provide training when necessary
Additional Information
Few Competencies:
Comprehensive knowledge of payroll policies and procedures, local legislations and current trends
Passion for numbers, people and customer (internal and external).
Analytical skills
Excellent written and spoken English. Networker with excellent interpersonal skills (multicultural environment)
Strong problem solving and analytical capabilities, creativity and flexibility to take relevant actions
Proactive working
Ability to work on deadlines
Ability to interpret and enforce changes in legislative compliance in order to ensure accuracy of payroll
💡 Quick Summary
Seeking a career-building opportunity? The Payroll Analyst position is now open for candidates interested in the Bank Jobs sector. This role in Delhi offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.