Senior Associate - Compensation and Benefits

IN-Senior Associate_Compensation and Benefits _Partner Affairs_IFS_Gurgaon

Line of Service

Internal Firm Services

Industry/Sector

Not Applicable

Specialism

Operations

Management Level

Senior Associate

Job Description & Summary

At PwC, our people in people strategy focus on developing and implementing long-term strategies to align the organisation's human capital with its overall business objectives. This involves analysing workforce trends, applying the latest HR strategy, long-term workforce planning and improving overall employee experience.

Those in total rewards at PwC will design and implement compensation and benefits programmes to attract and retain top talent. Your work will focus on making sure employees are rewarded fairly and competitively for their contributions to the Firm.

*Why PWC

At PwC, you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes for our clients and communities. This purpose-led and values-driven work, powered by technology in an environment that drives innovation, will enable you to make a tangible impact in the real world. We reward your contributions, support your wellbeing, and offer inclusive benefits, flexibility programmes and mentorship that will help you thrive in work and life. Together, we grow, learn, care, collaborate, and create a future of infinite experiences for each other. Learn more about us.

At PwC, we believe in providing equal employment opportunities, without any discrimination on the grounds of gender, ethnic background, age, disability, marital status, sexual orientation, pregnancy, gender identity or expression, religion or other beliefs, perceived differences and status protected by law. We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firm’s growth. To enable this, we have zero tolerance for any discrimination and harassment based on the above considerations. "

Responsibilities:

• Oversee and execute comprehensive, end-to-end payroll processing for all Partners, ensuring precise and timely delivery in alignment with organizational schedules

• Ensure proper computation and deduction of taxes, benefits, and other statutory contributions to comply with governmental regulations and organizational policies.
• Coordinate with various stakeholders to facilitate seamless payroll processing and avoid bottlenecks.

• Manage year-end processes such as issuing Form 16/annual tax statements and coordinating audits 

• Accurately record accounting entries related to payroll, ensuring alignment with financial reporting requirements.

• Facilitate the preparation and reconciliation of various partner accounts and Management Information Systems (MIS).

• Compile and maintain detailed reports and dashboards that offer insights into payroll metrics and assist in strategic decision making.

• Regularly update knowledge on legislative changes affecting payroll, tax, and labor laws to ensure the organization's practices remain compliant and up-to-date.
• Maintain confidentiality of payroll information and ensure data integrity 

• Address and resolve payroll-related queries promptly and effectively, ensuring clarity and satisfaction for all parties involved.
• Implement payroll best practices and process improvements to enhance accuracy and efficiency 

• Facilitate coordination with the Finance department regarding car lease foreclosure processes, ensuring efficient handling and resolution
• Getting the compliance related paperwork completed for various processes of PA Comp & Benefits 

 Essential Skills: 

• 4+ years of experience of managing Partner Payroll and accounting is a must 
• Demonstrating proactive and robust thought process 
• Meticulous, committed attitude and an eye for detail 
• Team player and good interpersonal skills 
• High degree of sensitivity for confidentiality 
• Proficiency in Excel and other Microsoft Office applications like PowerPoint and word 
• Good verbal and written communication skills 
• Good prioritizing, time management, organisational and problem-solving skills 
• Ability to handle multiple tasks and balance a fluctuating workload 
• Flexible, able to change direction quickly 
• Results driven and goal oriented 

Mandatory skill sets:

• Payroll

  Compensation Structures

  Payroll Benefits

Preferred skill sets:

• Presentations

Years of experience required:

• 4 years

Education qualification:

• Any UG/PG

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required: Master of Business Administration, Bachelor in Business AdministrationDegrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Payroll Processing

Optional Skills

Accepting Feedback, Accepting Feedback, Active Listening, Analytical Thinking, Benchmarking Studies, Benefits Administration, Benefits Program Design, Bonus Program Design, Co-Creation, Communication, Compensation Strategy, Compensation Structuring, Compliance Awareness, Conducting Research, Creativity, Data Analysis, Data Analytics, Data-Driven Decision Making (DIDM), Data-Driven Insights, Data Storytelling, Embracing Change, Emotional Regulation, Empathy, Employee Compensation and Benefits, Employee Recognition {+ 27 more}

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

No

Job Posting End Date

Experience Level

Senior Level