Nidhi Chaudhary

• Process and manage payroll for 23,000 employees on a monthly basis.
• Calculated and entered wage and salary adjustments, bonuses, and overtime.
• Ensured accurate and timely processing of new hires, terminations, and employee changes.
• Verified and reconciled timesheets, attendance records, and leave balances.
• Conducted regular audits to ensure compliance with company policies and legal regulations.
• Prepared and distributed payroll reports to management and accounting departments.
• Responded to employee inquiries regarding pay, deductions, and tax-related matters.
• Collaborated with HR and finance teams to ensure accurate employee data and payroll records.
• Assisted in year-end payroll activities, including return preparation and filing.
• Stayed updated on payroll laws and regulations to ensure compliance.

• Oversee all aspects of payroll operations for 40,000 employees for the countries like India, UK, Cayman Islands, BVI and Bermuda ensuring accurate and timely processing of payroll on a biweekly/monthly basis.
• Manage a team of 13 payroll specialists, providing guidance, training, and performance evaluations to optimize team performance and efficiency.
• Develop and implement payroll policies and procedures, ensuring compliance with federal, state, and local laws and regulations.
• Collaborate with HR department to gather and update employee information, including new hires, terminations, promotions, and salary changes.
• Conduct regular audits of payroll data, identifying and resolving discrepancies, and implementing corrective actions to maintain data integrity.
• Stay updated on changes in payroll regulations and laws, making necessary adjustments to payroll processes and systems to ensure compliance.
• Prepare and distribute payroll reports to relevant stakeholders, including executive management, accounting, and HR departments.
• Respond to employee inquiries and resolve payroll-related issues in a timely and professional manner, providing exceptional customer service.
• Streamline payroll processes by implementing automation, standardized templates, and electronic recordkeeping, reducing manual errors and improving efficiency.

• Processed payroll for 36,000 employees for the countries like India, Canada and Netherlands, accurately calculating wages, deductions, and overtime pay based on timesheets and payroll records.
• Manage a team of 5 payroll specialists, providing guidance, training, and performance evaluations to optimize team performance and efficiency.
• Administered and reconciled employee benefits, including healthcare, retirement plans, and flexible spending accounts.
• Prepared and submitted payroll tax filings, ensuring compliance with state, and local tax regulations.
• Assisted with year-end activities, including quarterly returns, Fomm16 and payroll reconciliation for audit purposes.
• Resolved employee payroll inquiries and discrepancies, providing exceptional customer service and ensuring prompt issue resolution.
• Collaborated with HR department to update employee information, such as salary changes, promotions, and employment status.
• Maintained accurate payroll records, including timesheets, pay stubs, and tax forms, ensuring confidentiality and data security.

• Processed payroll for 25,000 employees for the countries like India and US, accurately calculating wages, deductions, and overtime pay based on timesheets and payroll records.
• Administered and reconciled employee benefits, including healthcare, retirement plans, and flexible spending accounts.
• Prepared and submitted payroll tax filings, ensuring compliance with federal, state, and local tax regulations.
• Assisted with year-end activities, including quarterly returns, Form16 and payroll reconciliation for audit purposes.
• Resolved employee payroll inquiries and discrepancies, providing exceptional customer service and ensuring prompt issue resolution.
• Collaborated with HR department to update employee information, such as salary changes, promotions, and employment status.
• Maintained accurate payroll records, including timesheets, pay stubs, and tax forms, ensuring confidentiality and data security.

● Approving financial advisor commissions & custody processing requests across the Bank of America, Merrill Lynch.
● Responsible for resolving mismatches and answering onshore query.
● E-mail Management, Reconciliation, Interpret financial statistics, reporting of monthly invoices, Scorecards, dashboards, MIS etc.
● Handling Internal Audit.
● Responsible to train and coach new associates.