Payroll Specialist

💰 ₹28,800 - ₹46,080 (Est.) 📍 Bangalore

Job Description

About Tradeweb:

Tradeweb Markets is a world leader in the evolution of electronic trading. A fintech company serving approximately 2,500 clients - including the world's largest banks, asset managers, hedge funds, insurance companies, wealth managers and retail clients - in more than 65 countries across the globe. Since our first trade in 1998, we have helped transform and electrify the fixed income markets. Tradeweb is a culture built on innovation, creativity and collaboration. Through a combination of very talented and driven people, innovative products and solutions, cutting-edge technology, market data, and a vast network of clients, we continue to work together to improve the way financial markets trade.

Mission: Move first and never stop. Collaborate with clients to create and build solutions that drive efficiency, connectivity, and transparency in electronic trading.

Tradeweb Markets LLC ("Tradeweb") is proud to be an EEO Minorities/Females/Protected Veterans/Disabled/Affirmative Action Employer.
https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf

#LI-hybrid

Group Details:

We are looking for an experienced Payroll Analyst who will be able to process our payroll for India as primary responsibility and play a support role for the Apac region. This is an exciting role that will work with HR, Finance, our payroll providers and other relevant functions to support the India payroll transformation initiatives. The successful person is well versed in payroll operations, excited to optimize and improve their day to day jobs and has great interpersonal skills.

This role is a hybrid role based out of Bangalore and will report into the International Payroll Manager in the UK.


Job Responsibilities:

Own all aspects of the end-to-end payroll processing for India and administration working with our payroll provider CloudPay.
Calculating and verifying employee salaries, benefits, and deductions in accordance with statutory compliances.
Checking and validation of PF reports.
Dealing with EPFO office/payroll vendor to resolve PF issues of employees when PF claims are rejected by EPFO office.
Preparation and submission of Joint declaration documents at EPFO when change is required in employee data base.
Responding promptly to employee inquiries and concerns regarding their payroll.
Maintaining payroll reports, such as payroll summaries, tax reports, and PF, PT, LWF reports.
Assisting in payroll tax calculations, deductions, and submissions to ensure compliance with local, state regulations.
Participating in process improvement initiatives.
Building and maintaining positive relationships with payroll service provider.
Collaborating closely with the HR and Finance teams to exchange relevant payroll information and resolve payroll-related issues.
Staying updated with the latest payroll regulations, tax laws, and labour laws.
Assisting our APAC payroll manager with administrative tasks.


Required Qualifications:

Applicants must have experience working within professional services.
Sound working knowledge of India Payroll.
At least 7 to 10 years’ experience in running Indian payroll.
Knowledge and background of payroll projects and compliance.
Comfortable ensuring service levels are met whilst maintaining strong relationships and an accurate payroll function.

💡 Quick Summary

Seeking a career-building opportunity? The Payroll Specialist position is now open for candidates interested in the Accountant Jobs sector. This role in Bangalore 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 Accountant Jobs is a plus.

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Job Details

Company Name: Tradeweb Markets LLC

Frequently Asked Questions

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The expected salary for Payroll Specialist in Bangalore is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Payroll Specialist is an on-site position based in Bangalore. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Payroll Specialist. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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