Posted By
A.V. Ramakrishna
Senior Manager Recruitment at Strike-it-Rite Management Consultants (P) Ltd
Last Login: 14 May 2024
Posted in
Banking & Finance
Job Code
1269748
Education: Masters degree in Commerce/Human Resource Management
- This is a Global role managing Payroll, Employee Reimbursement, Statutory Compliance and various audits
- Hands on Expertise in Managing India Payroll for about 8000+ employees with multiple legal entities, Contractors Payroll etc.,
- Hands on Expertise in Managing US / Europe Payroll with strict adherence towards local timelines
- This role is accountable to ensure pay is processed on time, accurately, and in compliance with government regulations
- Liaisoning with various stakeholders internal and external to ensure deliverables are completed on time
Role Accountabilities :
- Hands on experience in Payroll Processing, Tax Calculations, Latest Statutory Updates pertaining to India Payroll
- Ensuring all payroll transactions are processed efficiently
- Team Management - Enabling team to achieve their deliverables on time
- Team Management - Mentoring team to stay up to date on the latest payroll updates
- Self Practicing & Mentoring team towards Time Management, Prioritizing Work Deliverables
- Being Sensitive to the Employee Personal Data and maintaining Strict Confidentiality
- Being Sensitive to every employee query
- Collecting, calculating, and entering data in order to maintain and update payroll information.
- Compiling summaries and process payroll as per the earnings, deductions, leave, attendance, and time records, taxes, taxable and non-taxable wages, reimbursement & claims
- Computes employee take-home salary
- Implements, maintains, and reviews payroll processing systems to ensure timely and accurate processing of payroll transactions including salaries, benefits, taxes, and other earnings/deductions and validation of the same
- Ensures accurate and timely processing of payroll updates including new hires
- Timely, efficiently and correctly processing the full and final settlement for separated employees
- Identifies and recommends updates to payroll processing software, systems, and procedures.
- Should be able to process and upload the PF , ESI challans, tax remittance, payment bank upload, processing of Form 16 etc.
- Prepares and maintains accurate records and reports of payroll transactions.
- Manage changes in pay rates, arrears calculations etc.,
- Ensures compliance with tax laws and best practices.
- Facilitates audits by providing records and documentation to auditors.
- Working with key stake holders (Finance, Labour consultant, IT consultant, employees) to achieve the desired output.
- Performs other duties as assigned.
Technical Knowledge :
- Extensive knowledge of in house payroll processing
- Proficient with SAP
- Proficient with Excel
- Knowledge of statutory compliance (PF/ESI/P Tax / Income Tax / Gratuity/Form 16 etc.)
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Posted By
A.V. Ramakrishna
Senior Manager Recruitment at Strike-it-Rite Management Consultants (P) Ltd
Last Login: 14 May 2024
Posted in
Banking & Finance
Job Code
1269748