Analyst - Payroll, Finance

Company Overview

Arcesium is a global financial technology firm that solves complex data-driven challenges faced by some of the world’s most sophisticated financial institutions. We constantly innovate our platform and capabilities to meet tomorrow’s challenges, anticipate the risks our clients encounter, and design advanced solutions to help our clients achieve transformational business outcomes.

Financial technology is a high-growth industry as change and innovation continue to disrupt the status-quo and prompt major transformation. Arcesium is at a particularly interesting time in our own growth as we look to leverage our successfully established market position and expand operations in pursuit of strategic new business opportunities. We value intellectual curiosity, proactive ownership, and collaboration with colleagues, and we empower you to meaningfully contribute from day one and accelerate your professional development.

What You'll Do

Payroll Processing Support

• Process monthly payroll inputs, including attendance, leave, overtime, reimbursements and new joiner and exit data.
• Validate payroll data for accuracy and completeness and flag discrepancies before each payroll run.
• Generation and distribution of pay slips, tax statements (e.g., Form 16) and other payroll-related employee documents.
• Reconcile payroll registers against the general ledger and investigate variances.
• Maintain payroll trackers and keep employee master data current in the HRIS/payroll system.
• Ensure timely and accurate FFS for exit employees.

Statutory & Regulatory Compliance

• Timely computation and remittance of statutory dues, including Provident Fund (PF), Professional Tax (PT), Tax Deducted at Source (TDS), etc.
• Preparing and filing periodic statutory returns (e.g., PF ECR, PT returns, TDS/Form 24Q) within prescribed deadlines.
• Monitor changes in payroll-related labour law, tax and social-security regulations and escalate impact to the team.
• Work on the actuarial valuations and coordinate for accounting and decision-making.
• Ensure compliances towards Gratuity Trust, accounting, auditing, taxation.
• Prepare documentation for statutory audits, inspections and internal compliance reviews.

Documentation & Audit Support

• Maintain accurate, audit-ready records of payroll transactions, statutory filings and compliance certificates.
• Support internal and external auditors with payroll data, reconciliations and compliance evidence during audits.
• Reconciliations of payroll GLs on a regular basis
• Help prepare SOPs, checklists and process documentation for payroll compliance activities.

Stakeholder Co-ordination

• Respond to employee queries on pay slips, deductions, tax declarations, statutory benefits, etc.
• Liaise with HR, Finance and external consultants (statutory auditors, PF/ESI consultants) as needed.
• Work and coordinate with Finance on payroll-related accounting entries and cost allocations.
• Review and send out the offer letters prepared by the payroll vendor in agreed timelines.
• Providing MIS reports to concerned teams on pre agreed dates.

What You'll Need

• The candidate should have bachelor’s degree, preferably in Finance, HR, Accounting, Business Administration or MBA with 3-5 years of experience.
• The candidate must have deep knowledge and understanding of end-to-end compensation, Payroll, Finance and IT processes in ADP and Oracle/Tally and experience of working with these products in a global organization.
• Should have excellent interpersonal, oral, and written communication skills with a proven ability to build solid relationships with global, regional, and local stakeholders.
• Knowledge of India Tax and Regulatory Compliance.
• Accuracy and attention to detail
• Confidentiality and sound judgment with sensitive data
• Strong team player and at the same time takes ownership to drive strategic objectives.
• Adaptable and creative approach to address issues and solve problems.
• Experience in engaging senior internal and external stakeholders including auditors, statutory and regulatory compliance authorities.