Payroll Analyst

Role Overview and Responsibilities

The Payroll Analyst will serve as the key interface between Pattern and its outsourced payroll vendor, overseeing accurate and timely payroll processing. This role includes thorough review and validation of payroll elements such as salary changes, employee onboarding and exits, deductions, incentives, and reimbursements, ensuring complete accuracy prior to payment disbursal. The payroll process must be executed punctually with strict adherence to timelines.

In addition, the Payroll Analyst ensures compliance with all Indian payroll-related statutory regulations, including Income Tax (TDS), Provident Fund (PF), Employee State Insurance (ESI), National Pension Scheme (NPS), Gratuity, and Professional Tax (PT). This person remains informed of evolving payroll legislation and manages statutory reporting and filings like PF, ESI, TDS, and professional tax returns. Experience in equity processing is considered advantageous.

The Analyst also provides frontline support to employees by resolving payroll queries promptly, generates payroll reports and analytics for finance and HR teams, and contributes to the budgeting and forecasting of payroll costs.

Essential Qualifications and Experience

Applicants should hold a Bachelor’s or Master’s degree in Finance, Human Resources, Accounting, or a related field. The position demands a minimum of eight years’ payroll experience, including at least five years managing payrolls for mid-sized employee bases of 1000 to 2000 staff members. Experience with outsourced payroll models and proficiency using payroll and HR management systems are required.

Core Skills and Competencies

The ideal candidate exhibits deep knowledge of payroll procedures, reconciliation methods, and tax deduction processes. Strong analytical reasoning, problem-solving capabilities, and meticulous attention to detail are crucial to ensure error-free payroll verifications. Effective vendor management and negotiation skills are also necessary. Proficiency in Microsoft Excel and payroll software is essential, alongside the capacity to operate under strict deadlines while handling confidential information with discretion and integrity.

Additional Information

The hiring team may utilize artificial intelligence technologies to assist with screening and assessing applicant data during recruitment; however, these tools complement rather than replace human decision-making, with final employment decisions made by the recruitment personnel. Candidates seeking further clarification on data privacy and processing can reach out for more information.