The Job logo

What

Where

Payroll Spec, Sr I

ApplyJoin for More Updates

You must Sign In before continuing to the company website to apply.

Smart SummaryPowered by Roshi
As a Senior Payroll Specialist, your role involves processing bi-weekly payroll, managing tax records, handling statutory compliances, preparing MIS reports, and using ADP software. The position is based in Bengaluru, Karnataka, India, and requires 5 to 10 yrs of payroll experience with expertise in 401K, Social Security, FICA, and tax regulations.

Roles and Responsibilities:

  • Payroll processing:



o Process bi-weekly payroll for all employees from Employee Records/Data base and other related sources.

o Manage tax and withholding records and deductions for all federal, state, local or other corporate taxes that affect payroll amounts.

o Set up each single new hire with all the necessary forms, including direct deposit requests, wage verification, I-9 information, and W-4 reports.

o Produce yearly employee withholding tax reports in a timely fashion to ensure all employees are able to prepare their taxes without delay.

o Answer questions regarding pay checks, withholding tax issues or wage adjustments from employees and help troubleshoot possible issues with pay.

o Follow and calculate all outside wage garnishment requests or judgments when required on a person’s paycheck.

  • Compliance



o Statutory compliances with respect to 401K, Social Security, FICA, FLSA, FUTA and other related compliances.

o Preparation and Co-ordination with auditors and ensures smooth completion of audits related to payroll.

  • MIS reports



o Preparation of monthly and quarterly payroll cost variance report ( CC wise, BU wise and function wise ).

o Preparation of monthly payroll MIS and ad hoc reports for management

  • ADP software knowledge – knowledge payroll processing through ADP is an added advantage.




Job Requirements:


v 5 to 10 yrs of experience in handling payroll of IT companies preferable using ADP software.

v Degree or Masters Degree from any recognized university.

v Expertise knowledge of retirement benefits like 401K, Social Security, FICA, FLSA, FUTA.

v Sound knowledge of federal and state tax regulations.

v Exposure to labour law compliances.

v High degree of professionalism.

v Ability to deal sensitively with confidential material.

v Decision-making, problem-solving, and analytical skills.

v Must have good interpersonal, written and verbal communications and good presentation skills.

Set alert for similar jobsPayroll Spec, Sr I role in Bengaluru, India
Synopsys Inc Logo

Company

Synopsys Inc

Job Posted

a year ago

Job Type

Full-time

WorkMode

On-site

Experience Level

3-7 years

Category

Finance

Locations

Bengaluru, Karnataka, India

Qualification

Bachelor

Applicants

Be an early applicant

Related Jobs

Synopsys Inc Logo

Payroll Spec, Sr I

Synopsys Inc

Bangalore Urban, Karnataka, India

Posted: a year ago

We are seeking a Sr I/Payroll Specialist – US Payroll to join our Finance team. As a subject matter professional, you will be responsible for ensuring accurate processing and recording of payroll, managing tax and withholding records, and handling compliance with federal and state regulations. Your expertise in ADP software and knowledge of retirement benefits and tax regulations will be crucial in this role. The ideal candidate will have 5 to 10 years of payroll experience in IT companies, along with a degree or masters degree from a recognized university. Strong analytical and problem-solving skills, as well as excellent communication and presentation abilities, are a must for this position.

Synopsys Inc Logo

Accountant, Sr II

Synopsys Inc

Bengaluru, Karnataka, India

Posted: a year ago

Roles and Responsibilities :   Payroll processing: Process bi-weekly payroll for all employees from Employee Records/Data base and other related sources. Manage tax and withholding records and deductions for all federal, state, local or other corporate taxes that affect payroll amounts. Set up each individual new hire with all the necessary forms, including direct deposit requests, wage verification, I-9 information, and W-4 reports. Produce yearly employee withholding tax reports in a timely fashion to ensure all employees are able to prepare their taxes without delay. Answer questions regarding pay checks, withholding tax issues or wage adjustments from employees and help troubleshoot possible issues with pay. Follow and calculate all outside wage garnishment requests or judgments when required on an individual’s paycheck. Compliance Statutory compliances with respect to 401K, Social Security,  FICA, FLSA, FUTA  and other related compliances. Preparation and Co-ordination with  auditors and ensures smooth completion of audits related to payroll. MIS reports Preparation of monthly and quarterly payroll cost variance report ( CC wise, BU wise and function wise ). Preparation of monthly payroll MIS and adhoc reports for management ADP software knowledge – knowledge payroll processing through ADP is an added advantage. Job Requirements:   5 to 10  yrs of experience in handling payroll of IT companies preferable using ADP software. Degree or Masters Degree from any recognized university. Expertize knowledge of  retirement benefits like 401K, Social Security,  FICA, FLSA, FUTA.   Strong knowledge of federal and state tax regulations. Exposure to labour law compliances. High degree of professionalism. Ability to deal sensitively with confidential material. Decision-making, problem-solving, and analytical skills. Must have good interpersonal, written and verbal communications and good presentation skills.

Synopsys Inc Logo

A&MS Layout Design Engr, Sr I

Synopsys Inc

Bengaluru, Karnataka, India

Posted: a year ago

Job Description and Requirements   Vast design experience (6+ years) in defining and designing various type of embedded SRAM/ROM in past. Experience in leading and developing layout design activities technically to create different memory IPs Ability to understand the existing  memory solution and propose innovative solution to enhance them to create differentiate memory IP as per dynamic business requirements. Provide technical consultancy to the juniors in the team or to outside customers on existing off the shelf memory offerings and on future possible solutions. To be involved in various inhouse and customer discussions to understand their requirements and translate them into memory IP requirements. Skills Set: Must Have Proven knowledge on memory SRAM/ROM compiler development , leafcell creation Knowledge on latest technology nodes is an added advantage Solid knowledge of physical verification: DRC, LVS, ANT, ERC, EM-IR, DFM, Extractions etc. Deep understanding of various embedded memory architecture: Low power, high density, low standby power, High speed, Synchronous asynchronous architecture and various combination of such figure of merits. Sound understanding of memory layout techniques: dense designs, regular style, DFM compliant layout, matching (local and global), shielding, etc. Life time effect know how (EM, IR drop, Self-heating, HC, NBTI, PBTI, etc.) Timely response to various technical queries within the set time limits. Soft Skills: Excellent communication skills, Good Methodical skills/problem solving Taking initiative, Adaptability and flexibility as per business requirements Team player, Eager to learn, engage curiosity, develop deep skills, challenge each other and take initiative  

Synopsys Inc Logo

A&MS Layout Design Engr, Sr I

Synopsys Inc

Bengaluru, Karnataka, India

Posted: a year ago

Job Description and Requirements Vast design experience (6+ years) in defining and designing various type of embedded SRAM/ROM in past. Experience in leading and developing layout design activities technically to create different memory IPs Ability to understand the existing  memory solution and propose innovative solution to enhance them to create differentiate memory IP as per dynamic business requirements. Provide technical consultancy to the juniors in the team or to outside customers on existing off the shelf memory offerings and on future possible solutions. To be involved in various inhouse and customer discussions to understand their requirements and translate them into memory IP requirements. Skills Set: Must Have Proven knowledge on memory SRAM/ROM compiler development , leafcell creation Knowledge on latest technology nodes is an added advantage Solid knowledge of physical verification: DRC, LVS, ANT, ERC, EM-IR, DFM, Extractions etc. Deep understanding of various embedded memory architecture: Low power, high density, low standby power, High speed, Synchronous asynchronous architecture and various combination of such figure of merits. Sound understanding of memory layout techniques: dense designs, regular style, DFM compliant layout, matching (local and global), shielding, etc. Life time effect know how (EM, IR drop, Self-heating, HC, NBTI, PBTI, etc.) Timely response to various technical queries within the set time limits. Soft Skills: Excellent communication skills, Good Methodical skills/problem solving Taking initiative, Adaptability and flexibility as per business requirements Team player, Eager to learn, engage curiosity, develop deep skills, challenge each other and take initiative

Synopsys Inc Logo

License Compliance Analyst, I

Synopsys Inc

Bengaluru, Karnataka, India

Posted: a year ago

License Compliance Analyst; Location: Bangalore, India Develops, interprets, and implements data analysis and presentation concepts that support the license compliance and semiconductor IP usage and royalty audit function. Performs data and technical analysis to determine candidates for IP usage and royalty compliance audits and revenue recovery Gathers, analyzes, prepares, and summarizes data and recommendations for audit summaries, responses to auditor questions and follow ups, and findings presented in closing meetings to internal stakeholders. Performs benchmark research and studies in the areas of licensed software and semiconductor IP license investigation, royalty calculations, revenue recovery techniques, industry best practices and local governmental requirements. Partner with business stakeholders in scoping and outlining best practices / process to support critical business operations. Coordinate and drive cross-functional alignment (Business / Operations / IT / External Vendors). Maintain effective communication with all partnering functions and management to ensure program success. Required Knowledge, Skills, and Abilities (KSA’s): Ability to convey information with clarity and directness, ensuring the message is understood across diverse, global teams. Highly organized and detail oriented with excellent problem solving and communication skills. Must communicate fluently in English, both verbal and written. Independently resolves a wide range of issues in creative ways on a regular basis. Customarily exercises independent judgment in selecting methods and techniques to obtain solutions. Excellent creative problem-solving abilities, coupled with a desire to take on responsibility. Preferred KSA’s: Working experience with SAP Financials, Business Warehouse, and related business applications and systems (e.g., Contract Management System, MS SharePoint) Experience/Education/Certification: Typically requires a minimum of 1-2 years of general business experience or an advanced business-related degree. Proficient in data mining, analytics, and reporting. Proficient in use of Excel. Minimum Bachelor's degree in business, or Information Sciences (IT)