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Sr Associate - Payroll

1-3 years

Bangalore / Bengaluru

1 vacancy

Sr Associate - Payroll

Lowe's

posted 2 weeks ago

Job Role Insights

Flexible timing

Job Description

About Lowe s
Lowe s Companies, Inc. (NYSE: LOW) is a FORTUNE 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2024 sales of more than $83 billion, Lowe s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe s supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com.
About the team
US Payroll team will be responsible for the accurate and timely preparation of Lowes payroll. Responsible for accurate accounting, distribution and preparation of taxes and deductions, calculating overtime, shift payments, maintaining payroll records, meeting legislative obligations, and preparing and distributing pay information to employees.
Job Summary:
The Sr Associate will be a member of India Payroll team that s part of Lowe s Global HR Operations function. This role will work closely with the Global Payroll team, Accounting and Finance. The Sr Associate performs tasks related to execution, and support of payroll processing. Works with the Payroll Analysts and Team Leads to contribute to the ongoing development and maintenance of documentation (e.g., Standard Operating Procedures, Work Instructions) to ensure complete, accurate, and up-to-date depiction of Payroll processes. To accomplish this, the Sr Associate must have knowledge of the Payroll function; including Lowe s policies, strategies and environment; and local and global Payroll laws and regulations.
Key Responsibilities
  • Performs payroll transactions such as data entry, mass uploads, reversals/replacements, and payroll processing jobs (e.g., build to gross and gross to net)..
  • Maintains accurate payroll rolls, ensures employees are paid on time, and manages employee payroll complaints.
  • Performs tasks related to analysis, execution, and support of payroll processing.
  • Ensures all company, national, local, and other applicable compliance requirements are met. Ensures payroll is executed in accordance with regulatory controls at all times.
  • Ensures that deliverables meet or exceed individual objectives, adheres to payroll goals, and aligns with service center strategies.
  • Handles escalated and/or sensitive payroll requests and issues related to processing (Tier 2 escalation)
  • Ensure information is complete and accurate.
  • Ability to adapt to a fast paced and changing environment.
Years of Experience:
1 to 3 Years
Education Qualification & Certifications (optional)
Required Minimum Qualifications :
Bachelors Degree - Finance, Accounting, or a related field
Primary Skills (must have)
  • Minimum of 2 years previous experience in US Payroll, preferably for a large global company as a representative.
  • Well-versed with Service Level Agreements, able to multi-task and respond quickly and effectively to the challenges faced.
  • Hands on experience with payroll applications preferably Workday, My Time (Kronos) and service now or any CRM tool (optional).
  • Good communication skills to effectively highlight the issues with larger team.


Employment Type: Full Time, Permanent

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What people at Lowe's are saying

3.3
Rating based on 11 Senior Associate reviews

Likes

Its a great company to work and management always bring the new innovation to maintain a work life balance and personal life. Organization will provide a good facility not only in terms of goodies and also invest more on the associates skills.

  • Salary - Excellent
  • +6 more
Dislikes

There is no dislikes here

Read 11 Senior Associate reviews

Senior Associate salary at Lowe's

reported by 123 employees with 3-9 years exp.
₹4.2 L/yr - ₹9.5 L/yr
24% less than the average Senior Associate Salary in India
View more details

What Lowe's employees are saying about work life

based on 876 employees
80%
92%
81%
92%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Lowe's Benefits

Work From Home
Free Food
Cafeteria
Health Insurance
Team Outings
Gymnasium +6 more
View more benefits

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