Payroll Analyst

Location: Bengaluru, Karnataka, India
Department: Global Human Resources

Why Verifone

For more than 40 years Verifone has established a remarkable record of leadership in the electronic payment technology industry. Verifone has one of the leading electronic payment solutions brands and is one of the largest providers of electronic payment systems worldwide.

Verifone has a diverse, dynamic and fast paced work environment in which employees are focused on results and have opportunities to excel. We take pride in the fact that we work with leading retailers, merchants, banks, and third party partners to invent and deliver innovative payments solution around the world. We strive for excellence in our products and services, and are obsessed with customer happiness. Across the globe, Verifone employees are leading the payments industry through experience, innovation, and an ambitious spirit. Whether it’s developing the next platform of secure payment systems or searching for new ways to bring electronic payments to new markets, the team at Verifone is dedicated to the success of our customers, partners and investors. It is this passion for innovation that drives each one of our employees for personal and professional success.

Verifone is proudly an in-office work culture as we see immense benefits to career development and business results from our colleagues being physically co-located.

What's exciting about the role

The Payroll Specialist will be responsible for managing end-to-end payroll operations, ensuring accurate and timely employee compensation across multiple countries within the APAC region. This role plays a critical part in maintaining payroll compliance, supporting operational excellence, and collaborating with internal and external stakeholders to deliver a seamless employee experience. The ideal candidate will possess strong analytical capabilities, exceptional attention to detail, and the ability to manage multiple priorities in a fast-paced environment.

Key Responsibilities:

The Payroll Operations

• Manage and execute end-to-end payroll processes for India and multiple APAC countries, including monthly, quarterly, and annual payroll cycles.
• Ensure compliance with country-specific payroll regulations, statutory requirements, tax laws, and reporting obligations across jurisdictions.
• Maintain and update payroll master data, including employee onboarding, offboarding, and employment changes.
• Process payroll inputs accurately, including earnings, deductions, allowances, bonuses, leave adjustments, and other variable compensation elements.A
• Administer employee stock option plan (ESOP) reporting and support payroll processing for international assignees, including expatriate shadow payroll.
• Prepare and submit payroll-related reports for government agencies, tax authorities, pension schemes, and finance teams.
• Generate monthly General Ledger (GL) reports and support payroll reconciliations and accounting activities.
• Ensure timely processing and filing of statutory contributions and deductions, including Income Tax, Provident Fund (PF), Professional Tax (PT), Labour Welfare Fund (LWF), and other regulatory requirements.
• Manage investment declarations, proof verification, e-TDS filings, and employee queries related to payroll and benefits.
• Handle payroll system interfaces, including file imports, exports, troubleshooting, and issue resolution.
• Support annual compensation activities, including bonus payouts, salary reviews, and merit cycles.

Compliance and Controls

• Maintain strong financial and operational controls, including SOX compliance and country-specific governance requirements.
• Ensure payroll processes adhere to internal policies, external regulations, and audit standards.
• Monitor payroll accuracy and implement corrective actions when required.

Vendor Management

• Act as the primary liaison for outsourced payroll vendors and service providers.
• Manage vendor performance through KPI tracking, SLA reviews, issue escalation, and regular service governance meetings.
• Support payroll vendor transition and implementation projects where applicable.

Employee Support and Continuous Improvement

• Respond to employee payroll inquiries through ServiceNow and other support channels, ensuring a high level of customer service.
• Drive continuous improvement initiatives to enhance payroll efficiency, accuracy, and employee experience.
• Identify process automation opportunities and implement employee-centric payroll solutions.

Stakeholder & Vendor Management

• Build strong relationships with internal stakeholders to understand business requirements and provide payroll-related guidance and support.
• Communicate process updates, policy changes, and payroll enhancements effectively across the organization.
• Collaborate with HR, Finance, Tax, and external service providers to ensure seamless payroll operations.
• Facilitate stakeholder governance meetings to maintain transparency, alignment, and service excellence.

Required Experience and Skills

• Education: MBA in Finance; or Bachelor's or Master's degree in Commerce, Finance, Accounting, or a related discipline
• 8-10 years of payroll experience, including multi-country APAC payroll operations and payroll systems expertise.
• Strong knowledge of payroll legislation, statutory compliance, tax regulations, and payroll administration processes.
• Experience managing expatriate and international assignee payroll, including shadow payroll.
• Proficiency in Workday, ServiceNow, and payroll vendor management, including payroll transformation or transition projects.
• Strong analytical, numerical, and problem-solving skills with exceptional attention to detail and accuracy.
• Excellent communication and stakeholder management skills, with experience in Shared Services environments and a focus on customer service, continuous improvement, and operational excellence.

Preferred Qualification

• Advanced proficiency in Microsoft Office applications, particularly Excel.
• Experience supporting organizational change management and user adoption initiatives.
• Proven ability to collaborate with cross-functional and geographically dispersed teams.
• Familiarity with payroll process optimization and automation initiatives.

Our commitment

Verifone is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. Verifone is also committed to compliance with all fair employment practices regarding citizenship and immigration status.