Lead AGM - Payroll - Fertilizers & Pesticides Firm

Fertilisers & Pesticides- Payroll Lead AGM

Job Description:

Roles and Responsibilities:

- This is the 1st in command Lead Role in so far as M-Staff payroll and PAN India Employee Benefits & insurances are concerned.

- This position requires high level of integrity, confidentiality, high degree of job knowledge, expertise in SAP payroll & FI modules and also working knowledge on other payroll platforms, such as, People Strong / Formula HR, etc.

- Should have excellent MS-Office skills, and should be very quick in making process related decisions.

- The incumbent should have in-depth knowledge on the total payroll processing, such as, payroll inputs collection and uploading, payroll processing and posting the salary JV, preparation of payroll reports and statutory reports, passing necessary accounting entries, advising branch reports, preparing MIS for Actuarial valuation, monthly cost sheets, budgets, collection and compilation of income tax declarations / proofs, adhering to all statutory related timelines, full & final settlements.

- He should be knowledgeable on NPS administration. He should have first hand working knowledge on all employee related welfare schemes and insurances

Key Responsibilities:

1. Payroll:

- Collect and compile payroll inputs.

- Actively interact with branches / units for payroll related issues.

- Uploading payroll inputs into SAP.

- Payroll processing.

- Posting the monthly payroll results into SAP-FI Module.

- Passing necessary payroll related accounting entries.

- Clearing of payroll related liability & vendor accounts from time to time.

- Preparing Statutory Reports, such as, PF, ESI, PT & Income Tax.

- Advising cheque mode payments to branches / SSC Vizag Plant.

- Sending monthly branch reports for statutory & other related payments.

- Advising for statutory and 3rd party payments within the time lines.

- Processing off-cycle payments for reimbursements, such as, LTA, Marketing Incentive, etc.

2. Employee benefits & insurances:

High level Knowledge and execution capabilities of various employee related insurances, such as:

a. Mediclaim insurance.

b. Group personal accident insurance.

c. Group term life insurance.

d. Employee deposit linked Insurance.

e. Life Cover Sum Assured (LCSA) Administration for Gratuity and SAF Funds.

High level knowledge on employee retiral benefits:

a. 10D Pension.

b. 10C withdrawals.

c. 13R Transfers.

d. Form I & J of Gratuity settlements.

e. SAF Settlements and transfers.

f. Annuity and ROC advice.

Other responsibilities:

- Preparing MIS Reports for Budgets, Monthly cost sheets.

- Compiling data for Actuarial valuation of Gratuity & Leave Encashment.

- Attending to Audits (statutory and internal).

- Preparing and disbursing Full & Final Settlements.

- Collection & compilation of Income Tax declarations / proofs.

- Compiling data for preparing & issuing Form 16.

- Preparing & filing Income Tax Quarterly Returns.

- Incentive (EIP & Mktg.) administration and disbursements.

- Trust Accounts (Other than PF) finanlization and submission for LEI Renewals.

- SAF Reconciliation and placement of statements in intranet.

- Administration of special schemes, such as, Own Your Car Scheme, etc.

- Administer Higher Pension option applications.

- Digital approvals of changes / modifications / deletions / corrections in pension master

Desired Candidate Profile:

Educational Qualification : Should be a Post-Graduate in HRM / MBA-HRM

Experience : Overall, 15 - 20 years experience (Age Group: 40 to 45 Yrs.)

Familiar with local languages (Tamil, Telugu, Hindi & English)

The Industry experience :

- Manufacturing Companies having their payroll on SAP Platform

- Any other industry having their payroll on SAP / Other Platform

Skills :

- First class knowledge in SAP-Payroll Processing.

- Knowledge in passing payroll related accounting entries.

- Knowledge in clearing the payroll related GLs.

- Excellent MS-Office Skills (Word, Excel & Power Point)

- Competencies (behavioural skills) required :

- Analytical skills, standardize processes and implement best practices.

- Proactive thinking and ability to work with multiple stakeholders.

- Excellent communication skills.

- Go getter.

- Independent problem-solving skills.

- Cordial inter-personal relations.

Leadership Skills and Experience:

- Well organized, highly system and process-oriented approach.

- Good business partner with customer orientation.

- Self-starter who can manage a range of competing priorities and projects.

- Ability to withstand high level work pressure.

Interaction Complexity & Teamwork:

Peer(s):

- Finance & Accounts Team Lead

- Department Heads

- CFO

- Other external interactions: Financial consultants, Internal & Statutory Auditors

- PF & Labour Department & LIC authorities

Additional Information:

- Business Division: Payroll - Corporate

- Department: Payroll

- Reporting to : Head of HR