Business Analyst

Job Summary

We are looking for a detail-oriented Business Analyst Payroll with 2+ years of experience in payroll processing, payroll management, and HR/payroll operations. The candidate will be responsible for understanding payroll requirements, analyzing payroll data, supporting payroll processing, identifying discrepancies, and coordinating with HR, Finance, and other stakeholders to ensure accurate and timely payroll operations.

Key Responsibilities

• Manage and support end-to-end payroll processing activities.
• Gather, analyze, and document business requirements related to payroll processes.
• Validate payroll inputs including attendance, leave, incentives, deductions, bonuses, and employee master data.
• Analyze payroll data and identify discrepancies, errors, and process gaps.
• Coordinate with HR, Finance, Payroll, and other stakeholders for payroll-related queries and resolutions.
• Prepare and maintain payroll reports, MIS, dashboards, and analytical reports.
• Support monthly payroll processing and ensure payroll is completed accurately within defined timelines.
• Assist in payroll reconciliation and validation of salary calculations.
• Monitor payroll processes and recommend improvements for accuracy and efficiency.
• Understand and document AS-IS and TO-BE payroll processes.
• Prepare functional documentation, process flows, SOPs, and business requirement documents.
• Conduct UAT/testing for payroll system changes and enhancements.
• Coordinate with IT/Payroll software teams for system issues, enhancements, and implementation requirements.
• Ensure payroll processes comply with applicable company policies and statutory requirements.
• Maintain confidentiality and accuracy of employee payroll information.

Required Skills

• 2+ years of experience in Payroll Processing / Payroll Management / Payroll Operations.
• Good understanding of end-to-end payroll processes.
• Strong analytical and problem-solving skills.
• Experience in payroll data analysis and reconciliation.
• Good knowledge of MS Excel, including VLOOKUP/XLOOKUP, Pivot Tables, formulas, and data analysis.
• Good understanding of HR and payroll systems/software.
• Experience in requirement gathering, documentation, and process analysis.
• Strong communication and stakeholder-management skills.
• Ability to identify process gaps and suggest improvements.
• High attention to detail and accuracy.
• Ability to handle confidential employee and salary information.

Preferred

• Experience working with HRMS/Payroll Management Software.
• Knowledge of payroll-related statutory components such as PF, ESI, PT, TDS, and other applicable deductions.
• Exposure to UAT, system testing, and payroll process automation.
• Experience in preparing payroll MIS and management reports.

Education

Bachelors degree in Business Administration, Commerce, Finance, Human Resources, IT, or a related field.