BYJU'S - Assistant Manager/Lead - Payroll & Taxation

Assistant Manager/Lead- Payroll & Taxation at BYJU'S

BYJU's is India's largest Ed-tech company and the creator of India's largest K12 learning app which offers highly adaptive, engaging and effective learning programs for students in classes 4-12 (K-12) and competitive exams like JEE, NEET, CAT, IAS, GRE and GMAT.

Today, BYJU's has over 100 million downloads, 5 lakh annual paid subscriptions and sees an addition of 30,000 students every month. With an average time of 70 -80 minutes spent by a student on the app every day, the BYJU's app makes learning enjoyable and effective. Renewal rates are as high as 90%. Launched in 2015, BYJU's has become the most loved and preferred education app for students across age groups & Countries.

Job Description:

We are seeking a full-time Payroll & Taxation Specialist who is:

- People-oriented

- Outgoing and confident

- Professional

- A strategic thinker

- Innovative

- People Management

- A team player, but is also able to work independently with little direction

Responsibilities:

- Ensure delivery of payroll processing, operational aspects of payroll processing, and associated activities that are accurately carried out on a month-on-month basis within appropriate timeframes.

- Develop procedures and supervise the preparation, documentation, and expense of all payroll checks, taxes, and People benefit payments.

- Process payroll accurately by state rules and statutes.

- Review and complete tax and other statutory payroll filings before the due date.

- Preparing payroll MIS, people's advances, medical insurance, etc.

- Adhere to statutory compliances and highlight shortfalls and risks.

- Support all internal and external audits related to payroll.

- Handle Income tax and full and final settlements timely and accurately

- Handle payroll & Reimbursement queries.

- Analyze, audit, reconcile and resolve complex payroll processing issues.

- Preparation of monthly challans and returns for PF, PT, ESIC, etc.

- Ensure that the pay and benefits plans comply with State laws.

- Structure compensation in a way that will yield the highest value for the organization and employees.

- Manage people's life cycle management activities and maintain a Master (database) and personal records.

- Ensure maintenance of statutory registers, Employment, and Labor related Statutory returns before the due date.

- Act as a point of contact for smooth functioning and addressing issues related to time office management.

- Prepare relevant weekly, monthly, quarterly and year-end reports.

- Review and improve payroll policies and procedures.

- Support all internal and external audits related to payroll.

- Prepare detailed variance analysis and reports before the payroll cycle for all types of pay-outs - statutory returns and ensure compliance with all monthly, quarterly and annual payments and returns.

- Maintain records relating to peoples pay and statutory reports which are conversant with the relevant statutes and payroll regulations

- Post payroll transactions, and ensure appropriate monthly reconciliations per the payroll calendar.

Essential Requirements:

- 6+ years of relevant working experience in end-to-end payroll processing is a must.

- In-depth understanding and knowledge of Indian Taxes (TDS), ESI, PF, PT, Gratuity, and other critical payroll statutes.

- India payroll experience will be mandatory.

- Good written and verbal communication skills