Kotak Mahindra Bank Recruitment 2023

Kotak Mahindra Bank, a leading private sector bank in India, is seeking a detail-oriented and organized Payroll Clerk to join our dynamic team. You will play a crucial role in ensuring the accurate, efficient, and timely processing of payroll for all our employees.

Kotak Mahindra Bank Careers

Responsibility:

• Process payroll:
  • Collect and process employee time sheets and attendance data.
  • Calculate accurate salaries and wages, including deductions and taxes.
  • Generate and distribute paychecks and electronic payments.
  • Maintain all payroll records and documents securely.
  • Reconcile payroll accounts and ensure accuracy.
• Manage employee data:
  • Update and maintain employee payroll information, including bank accounts, tax details, and benefits elections.
  • Respond to employee inquiries and resolve payroll-related issues promptly and efficiently.
  • Assist with onboarding new employees and processing necessary payroll paperwork.
  • Liaise with other departments, such as human resources and accounting, to ensure smooth payroll operations.
• Compliance and reporting:
  • Ensure compliance with all applicable labor laws and regulations.
  • Prepare and submit payroll reports and tax forms accurately and on time.
  • Maintain awareness of changes in payroll regulations and implement them accordingly.
  • Assist with internal and external payroll audits.