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Analyst – Payroll

Full Time On Site (Full Time) @Better in Finance
  • Gurgaon, Haryana, India View on Map
  • Post Date : August 16, 2021
  • Apply Before : September 15, 2021
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Job Description

About the job

Better is redefining homeownership and making it simpler, faster—and most importantly—more accessible for everyone. We leverage technology and expertise to find ways that we can make the homebuying journey more approachable and understandable.

  • From its founding in 2016 through 2020, Better funded $30.9B in home loans and provided over $7B in cumulative coverage through Better Cover and Better Settlement Services, the insurance divisions of Better.
  • We were listed as one of the 7 Best Mortgage Lenders for First Time Homebuyers 2021 in Forbes
  • Our CEO was named Winner in the Entrepreneur of The New York awards by EY.
  • We were listed to Forbes’ FinTech 50 2020
  • #1 on LinkedIn Top Startups 2020

Our company is made up of driven, passionate people who bring their unique backgrounds and perspectives to everything we do, and we are committed to fostering diversity, multiculturalism, and inclusion. We see the perspectives that each person brings and a diverse workforce as essential for individual and collective success. We believe it’s important to foster a company culture that encourages curiosity and passion—from employee resource groups and learning opportunities to team outings and community outreach.

The Better mission is rooted in values that drive us.

Job Responsibilities

  • Responsible for processing payroll on monthly basis
  • Calculating variable components while processing payroll on monthly basis
  • Handling Full and Final settlement of employees on exit
  • Responsible for payroll reconciliation at month end
  • Booking entries into the accounting system relating to payroll and its disbursements
  • Responsible for verifying Income Tax Declaration submitted by employees during the year and raising/ resolving concerns
  • Responsible for collecting the proof of investment from all employees at year end, verifying the documents and making sure the tax is deducted accurately
  • Maintaining Bank account information for all employees on monthly basis for payroll processing
  • Handling employee helpdesk
  • Resolving queries/ concerns of employees relating to payroll, income tax declaration, income tax liability, bank account details
  • Preparing data for TDS return on quarterly/ yearly basis
  • Coordinating and providing information to auditors during audit process
  • Providing monthly/ yearly/ adhoc payroll report to the management

Requirement

  • Bachelor’s/ master’s in accounting, Finance, CA Inter, CS
  • Experience: 0-5 years
  • Good with numbers and figures and an analytical acumen
  • Good understanding of TDS, Employee Income Tax Slabs, Exemptions, and deductions available under different sections of Income Tax Law
  • Excellent knowledge of MS Office and familiarity with NetSuite would be an added advantage
  • Strong attention to detail and confidentiality

Better is an equal opportunity employer. We do not discriminate based on race, color, religion or religious creed, sexual orientation, gender, gender identity, marital status, family or parental status, disability, military or veteran status, or any other basis protected by law. All employment decisions at Better are based on a person’s merit, business needs, and role requirements.

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