Yes Bank, a leading financial institution, is seeking a detail-oriented and dedicated individual to join our team as a Payroll Clerk. As a Payroll Clerk, you will play a crucial role in ensuring accurate and timely processing of employee payroll, contributing to the smooth operation of our organization. This is an excellent opportunity for freshers to kickstart their career in payroll administration.

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Responsibilities:

1. Payroll Processing: As a Payroll Clerk at Yes Bank, your primary responsibility will be to process employee payroll accurately and efficiently. You will collect and review timesheets, calculate wages, salaries, and deductions, and enter payroll data into the system. You will verify the accuracy of calculations, ensuring compliance with company policies and relevant regulations. Your attention to detail and adherence to deadlines will be crucial in maintaining payroll accuracy and ensuring employees are paid correctly and on time.
2. Benefits Administration: In this role, you will assist in administering employee benefits programs. You will update employee records with changes related to benefits, such as health insurance, retirement plans, and leave balances. You will ensure accurate deduction of benefit contributions from employee payroll and coordinate with relevant departments to resolve any benefits-related issues. Your knowledge of benefits administration processes and attention to detail will contribute to the smooth operation of employee benefits programs.
3. Record Maintenance and Reporting: As a Payroll Clerk, you will maintain accurate payroll records and prepare relevant reports. You will generate payroll reports, including summaries of earnings, taxes, deductions, and leave balances. You will also assist in preparing reports for management and auditors, ensuring compliance with regulatory requirements. Your ability to analyze data, maintain confidentiality, and produce accurate reports will be crucial in supporting payroll-related decision-making and audits.

Yes Bank Jobs For Freshers

Skills:

• Strong numerical and analytical skills, with a high level of attention to detail.
• Proficiency in using payroll software and MS Excel.
• Familiarity with payroll regulations and best practices.
• Ability to maintain confidentiality and handle sensitive information.
• Excellent organizational and time management skills.
• Strong communication skills, both verbal and written.
• Ability to work independently and collaboratively in a team-oriented environment.