Payroll Professional II

Company Description

At Nielsen, we are passionate about our work to power a better media future for all people by providing powerful insights that drive client decisions and deliver extraordinary results. Our talented, global workforce is dedicated to capturing audience engagement with content - wherever and whenever it’s consumed. Together, we are proudly rooted in our deep legacy as we stand at the forefront of the media revolution. When you join Nielsen, you will join a dynamic team committed to excellence, perseverance, and the ambition to make an impact together. We champion you, because when you succeed, we do too. We enable your best to power our future.

Key Responsibilities:

- End-to-End Processing: Manage full-cycle Indian payroll using SAP ECC, including regular salaries, overtime, bonuses, commissions, and variable pay.

- Compliance: Ensure strict adherence to Indian labour regulations, EPF act, professional tax, LWF and local tax withholding requirements.

- Reconciliation: Maintain and reconcile payroll-related general ledger accounts and validate the accuracy of SAP payroll results.

- Data Validation: Review and validate payroll inputs, including new hire setups, terminations, compensation changes, and leaves of absence.

- Vendor Management: Review and audit outputs provided by outsourced payroll vendors to Ensure data integrity. – should we need to mention this since we are moving to inhouse

- Reporting & Tax Filings: Generate payroll reports and manage statutory requirements, including year-end tax filing.

- Employee Support: Act as the primary point of contact for employee payroll inquiries, resolving issues professionally and promptly.

- Audit Support: Provide documentation and reporting for internal/external audits and compliance reviews.

- Legislative Monitoring: Stay current on changes to Indian labor and tax laws, updating internal

- SAP processes to reflect new regulations.

- System Improvements: Participate in SAP system testing, enhancements, and continuous process improvement initiatives.

- Off-Cycle & Final Settlements: Process Off-cycle payroll, payroll adjustments and final settlement as per state compliance.