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Position Summary
Financial Accounting Advisory Services (FAAS) professionals provides advisory services including Accounting and regulatory support for accounting change and special matters; accounting processes and controls support.
We are looking for a professional to join EY FAAS, having expertise across the FAAS solutions and specifically for engagements related to Payroll processing, accounting and financial reporting assistance.
The Senior is responsible for managing and executing payroll functions. This role involves ensuring accurate and timely processing of payroll, maintaining payroll records, and ensuring compliance with relevant laws and regulations for the clients. While the Staff will be based out of our Cochin office, the individual will be responsible for supporting EY practices and clients across the MENA Market. Also, the individual will be required to travel to other countries (short-term/long term) for executing the client engagements.
Primary Responsibilities
- Process payroll for all employees on a bi-weekly/monthly basis, ensuring accuracy in hours worked, deductions, and benefits.
- Maintain and update employee payroll records, including new hires, terminations, and changes in pay rates or benefits.
- Ensure compliance with federal, state, and local payroll regulations and tax laws.
- Prepare and distribute payroll reports to management and other departments as needed.
- Respond to employee inquiries regarding payroll, deductions, and benefits.
- Assist in the preparation of year-end payroll reports.
- Collaborate with HR to ensure accurate employee data and resolve discrepancies.
- Stay updated on payroll best practices and changes in legislation affecting payroll processing
Qualifications, skills and experience
To qualify, candidates must have:
- Bachelor’s degree in accounting, Finance, Human Resources, or a related field preferred.
- Previous experience in payroll processing or a similar role is highly desirable.
- Strong knowledge of payroll software and systems (e.g., ADP, Paychex).
- Excellent attention to detail and accuracy.
- Strong organizational and time management skills.
- Ability to handle sensitive information with confidentiality.
- Proficient in Microsoft Office Suite, particularly Excel.
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