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Senior Executive - Payroll & Compliance

Yubi

Yubi

Accounting & Finance, Legal
Chennai, Tamil Nadu, India
Posted on Thursday, August 24, 2023

About us

Yubi stands for ubiquitous. But Yubi will also stand for transparency, collaboration, and the power of possibility.

From being a disruptor in India’s debt market to marching towards global corporate markets from one product to one holistic product suite with seven products

Yubi is the place to unleash potential. Freedom, not fear. Avenues, not roadblocks. Opportunity, not obstacles.

Job Description

Yubi, formerly known as CredAvenue, is re-defining global debt markets by freeing the flow of finance between borrowers, lenders, and investors. We are the world's possibility platform for the discovery, investment, fulfillment, and collection of any debt solution. At Yubi, opportunities are plenty and we equip you with tools to seize it.

In March 2022, we became India's fastest fintech and most impactful startup to join the unicorn club with a Series B fundraising round of $137 million.

In 2020, we began our journey with a vision of transforming and deepening the global institutional debt market through technology. Our two-sided debt marketplace helps institutional and HNI investors find the widest network of corporate borrowers and debt products on one side and helps corporates to discover investors and access debt capital efficiently on the other side. Switching between platforms is easy, which means investors can lend, invest and trade bonds - all in one place. All of our platforms shake up the traditional debt ecosystem and offer new ways of digital finance.


Yubi Credit Marketplace - With the largest selection of lenders on one platform, our credit marketplace helps enterprises partner with lenders of their choice for any and all capital requirements.
Yubi Invest - Fixed income securities platform for wealth managers & financial advisors to channel client investments in fixed income 
Financial Services Platform - Designed for financial institutions to manage co-lending partnerships & asset based securitization
Spocto - Debt recovery & risk mitigation platform
Corpository - Dedicated SaaS solutions platform powered by Decision-grade data, Analytics, Pattern Identifications, Early Warning Signals and Predictions to Lenders, Investors and Business Enterprises

So far, we have on-boarded over 17000+ enterprises, 6200+ investors & lenders and have facilitated debt volumes of over INR 1,40,000 crore.

Backed by marquee investors like Insight Partners, B Capital Group, Dragoneer, Sequoia Capital, LightSpeed and Lightrock, we are the only-of-its-kind debt platform globally, revolutionizing the segment.

At Yubi, People are at the core of the business and our most valuable assets. Yubi is constantly growing, with 1000+ like-minded individuals today, who are changing the way people perceive debt. We are a fun bunch who are highly motivated and driven to create a purposeful impact. Come, join the club to be a part of our epic growth story.

About the role

Associate - Payroll & Compliance will be responsible for ensuring timely & accurate execution of payroll process & delivery. Ensure 100% compliance to local and global requirements. Should have strong knowledge about the statutory compliances & regulatory knowledge.

 

Responsibilities: 

      Ensure Inputs Consolidation with various entities/ Conversion (if needed)/ Uploading including corrections of errors and coordination with the stakeholders

      Ensure timely and accurate execution of payroll & statutory compliance, 100% align both local and global compliance

      Support Payroll Audits

      Closely work with vendor to administer PF transfers

      Deliver reports / data requirements for Employees / Finance Team / Compliance Team within defined SLA

      Responsible for providing inputs to the finance for payroll accounting on a monthly basis

      Support any initiatives that require Payroll's Subject Matter Expertise or involvement (including Change Requests)

      Support and Coordinate with Vendor for PF / ESI / LWF enrolment, Shops & Estabishment and payments in compliance to the Local Labor Law provisions.

      Should have sound knowledge on mobility payroll.

      Provide effective and timely resolution to queries from employees and other stakeholders

      Understands business hierarchy, analyze data issues and provide support to the user population and support the region on all payroll related requirements

      Ability to work with various stakeholders who manage other downstream systems, especially OHR/ HR Ops tools etc.


Requirements

      Bachelor’s Degree with at least 3-7 years of experience in end to end Payroll Process through a reputed vendor /data entry/ client servicing /customer service role & other tools.

      Strong knowledge on in-country payroll process and statutory requirements for countries such as India, Dubai, Singapore and other EMEA countries.

      Strong analytical skills

      Outstanding accuracy skills & eye for details

      Customer service focus with a positive can-do attitude

      Ability to work within time constraints to meet daily objectives

      Well versed with Microsoft Excel /Word/Power Point and web-based applications

      Flexibility to meet customer needs and deadlines is a MUST

      Previous high-level transaction processing experience

      Excellent communication skills, both written and verbal

 


Benefits

We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, or age.