Principal Financial Group

Payroll Analyst

Principal Financial Group  •  Pune, IN (Hybrid)  •  1 hour ago
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Job Description

Req ID: 53402

Category: Accounting & Finance

Position type: ['Regular Full-Time']

Locations: Pune, India

Work Option: ['In-Office few days a week (a minimum of 3 days in office) and Work from Home']

Salary Grade: PSINHRSSI PG16-HRSSI PG16

What You'll Do

Job Summary

The Payroll Analyst is responsible for delivering accurate, timely, and compliant payroll operations across multiple countries, including Australia, Malaysia, Japan, UAE, Indonesia, and Thailand. This role manages end-to-end payroll processing, ensures adherence to local statutory and regulatory requirements, and supports payroll governance activities. The successful candidate will collaborate closely with HR, Finance, external payroll vendors, and employees to ensure seamless payroll delivery and exceptional employee experience.

Key Responsibilities

Payroll Operations

  • Execute end-to-end payroll processing for assigned countries, ensuring payroll accuracy, timeliness, and compliance.
  • Validate payroll inputs, earnings, deductions, tax calculations, and statutory contributions.
  • Review payroll reports and perform audits to identify and resolve discrepancies before payroll finalization.
  • Manage payroll calendars and ensure all payroll-related activities are completed within established timelines.
  • Process off-cycle payments, bonuses, commissions, and final settlements as required.

Compliance & Governance

  • Ensure compliance with local labor laws, tax regulations, and statutory reporting requirements across all assigned countries.
  • Monitor legislative and regulatory changes impacting payroll processes and recommend necessary updates.
  • Support internal and external payroll audits by providing accurate documentation and reports.
  • Maintain payroll controls, policies, and standard operating procedures.

Vendor Management

  • Partner with ADP payroll service providers to ensure accurate and timely payroll delivery.
  • Review vendor outputs, validate payroll results, and address payroll-related issues.
  • Drive service-level adherence and continuous process improvements with payroll vendors.

Stakeholder Management

  • Collaborate with HR, Finance, Benefits, Compensation, and Mobility teams on payroll-related matters.
  • Respond to employee payroll inquiries and resolve issues in a professional and timely manner.
  • Support payroll-related projects, system implementations, and process optimization initiatives.

Reporting & Analytics

  • Prepare payroll reports, reconciliations, and compliance-related documentation.
  • Analyze payroll data and provide insights to management on payroll trends and exceptions.
  • Support month-end, quarter-end, and year-end payroll activities.

Who You Are

Required Qualifications & Experience

  • Bachelor’s degree in accounting, Finance, Human Resources, or related field, Certified payroll professionals
  • 3.5+ years of experience in multi‑country payroll processing
  • Strong hands‑on payroll knowledge in the Philippines, South Korea, India and Luxemburg
  • Experience working with global payroll vendors and payroll systems (e.g., ADP Celergo, ADP Etime, ADP GMV, HCM Oracle)
  • Strong analytical, problem-solving, and attention-to-detail skills.
  • Excellent verbal and written communication skills.
Principal Financial Group

About Principal Financial Group

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