Specialist, Human Resources

Who We Are - MassMutual India
Since 1851, MassMutual's commitment has always been to help people protect their families, support their communities, and help one another. Therefore, we want to inspire people to Live Mutual. We at MassMutual value diversity and inclusion. We're people helping people
A career with us means you will work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are the foundation of what makes MassMutual a strong, stable, and ethical business. We seek and value unique and varied perspectives and experiences because we believe we are stronger when all voices are heard. We invite you to bring your bright, innovative ideas to MassMutual as we continue to help millions of Americans rely on each other.
• Responsible for complete end-end payroll process• Gathering information of various payroll inputs - new joiners' details, Loss of Pay, joining bonus, variable inputs, final settlements, Maternity Bonus, Insurance premium deductions and any additional inputs• Calculation of correct amounts in incorporating overtime, shift, on-call allowances, bonus payments• Document validation for certain process payments as per policy• Administering tools related allowances, payroll process• Coordination with vendor for processing payroll as per schedule• Accurate validation of Payroll output files shared by vendor partners• Providing monthly accruals data and various reports to finances• Make sure the statutory payments to be processed with in timelines • Proper documentation of all salary registers, challans with respect to statutory payments for audits• Ensure compliance with Statutory and Tax audits• Ensure appropriate tax deduction for new joiners from first month• Administering NPS portal, conversion of existing PRAN number to corporate account PRAN and approving new PRAN in NPS portal
Skills Required:
• 5 - 6 years' experience in Payroll management in MNC
• Master's degree belonging to Human Resources/ Finance
• Consistent good academic records in Graduation and Post Graduation
• Very good in Microsoft Excel
• Should have experience in payroll systems
• Should have strong knowledge in Payroll process, Income Tax, Statutory Payments, Bonus payments, NPS
• Should be able to update knowledge as on change in rules and policies
• Should be able to understand and align existing process, drive towards process excellence
• Good communication and people skills
• Should be quick learner
• Good vendor management skills
• Very good problem solving and decision-making skills
• Excellent relationship building skills and good team player
• Proactive and quick learner
State and federal laws and regulations, including the Violent Crime Control and Law Enforcement Act, limit employment of individuals with certain criminal backgrounds.
Why Join Us?
We've been around since 1851. During our history, we've learned a few things about making sure our customers our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products, and services. To accomplish this, we celebrate an inclusive, vibrant, and diverse culture that encourages growth, openness, and opportunities for everyone. A career with MassMutual, Great Place to Work® certified and India's Best Workplaces in BFSI 2023 - Top 50 organization means you will be part of a strong, stable, and ethical business with industry leading pay and benefits. And your voice will always be heard.
Does this sound like a great fit? Apply today!