Sr Analyst, Client Payroll Operations

Magnit has several openings for Sr. Analyst on our Client Payroll Operations team located in Bangalore, Karnataka India.  

About the role

As a Senior Analyst in Client Payroll Operations, you will play a crucial role in ensuring the accuracy and efficiency of our payroll processes for our clients. This position requires a detail-oriented individual with strong analytical skills and a deep understanding of payroll operations. You will be responsible for processing payroll data, analyzing payroll reports, and providing support to clients regarding payroll inquiries and issues. This role offers an exciting opportunity to work in a dynamic environment and make a meaningful impact on our clients' payroll operations.

What You Will Do

• Process payroll data accurately and efficiently, ensuring adherence to established payroll policies and procedures.
• Analyze payroll reports to identify discrepancies and variances, investigating and resolving issues as needed.
• Provide support to clients regarding payroll inquiries, troubleshooting payroll-related problems, and offering solutions.
• Collaborate with internal teams, including HR, finance, and IT, to ensure timely and accurate payroll processing for clients.
• Assist in the implementation of payroll system upgrades and enhancements, testing new features and functionality.
• Stay informed about changes in payroll regulations and legislation, ensuring compliance with applicable laws and regulations.
• Participate in payroll audits and reviews, preparing documentation and providing support as needed.
• Develop and maintain payroll documentation, including procedures, manuals, and training materials.
• Provide guidance and support to junior analysts and payroll administrators, assisting with training and mentoring as needed.

What You Will Need

• 5+ years of experience in payroll operations or a related field, with a strong understanding of payroll processes and regulations required.
• Proficiency in payroll software and systems, with experience in processing payroll data and generating payroll reports.
• Strong analytical and problem-solving skills, with the ability to analyze data, identify trends, and troubleshoot issues.
• Excellent communication and interpersonal skills, with the ability to interact professionally with clients and internal stakeholders.
• Detail-oriented with a high level of accuracy and attention to detail in payroll processing.
• Ability to work independently and as part of a team, with a proactive and solutions-oriented mindset.
• Familiarity with payroll regulations and compliance requirements, with the ability to ensure compliance in payroll operations.