Posted By
P G Ganesh
Vice President/Partner at Perfect Placer Management Consulting
Last Login: 22 November 2024
Posted in
HR & IR
Job Code
1470263
MANAGER PAYROLL
Objectives of this role:
- Overseeing end-to-end payroll processing, including salary calculations, deductions and benefits administration, such as provident fund, insurance and healthcare plans.
- Preparing payroll reports, including income tax returns and provident fund filling.
- Conducting regular payroll audits and ensuring compliance with Indian & International labour laws, tax regulations and statutory requirements.
- Maintaining accurate employee records, including attendance, leaves and personal information.
- Collaborating with the human resources and finance departments to seamlessly integrate payroll and employee data.
- Processing new hires, terminations, promotions and other employee status changes in the payroll system, to ensure accuracy and resolve discrepancies.
Key Responsibilities:
- Manage end-to-end payroll processing, including collecting, calculating and inputting payroll data for all employees.
- Ensure accuracy and compliance with applicable laws, regulations and company policies while processing payroll.
- Administer and maintain payroll systems, ensure data integrity and implement system upgrades and enhancements.
- Collaborate with HR, finance and other departments to gather and validate payroll information, such as new hires, terminations, promotions and salary changes.
- Monitor and resolve payroll discrepancies, investigating and resolving issues promptly and accurately.
- Generate payroll reports, including tax filings, benefits deductions and other required reports, ensuring compliance with regulatory requirements.
- Address employee inquiries and concerns related to payroll, providing exceptional customer service and support.
- Maintain confidentiality and data security standards for all payroll-related information.
- Stay updated on payroll regulations, Indian tax laws and industry trends, implementing necessary changes to ensure compliance and best practices.
Qualification And Experience:
1. MBA in HR with 7+ years of experience in payroll management or a similar accounting role.
2. In-depth knowledge of payroll processes, labour laws, taxation and statutory compliance in India & International
3. Experience in handling payroll audits, inspections and compliance assessments.
4. Proficiency in payroll software and systems, such as SAP and/or ADP, with experience implementing and managing payroll systems.
5. Excellent understanding of financial principles and the ability to reconcile payroll with financial records.
6. Strong attention to detail and accuracy in managing complex payroll calculation data.
7. Good organisational and time management skills to meet strict payroll deadlines and manage multiple priorities.
8. Exceptional communication and interpersonal skills, with the ability to interact effectively with employees at all levels of the organisation.
9. High level of integrity and ability to handle sensitive and confidential information.
10. Proficiency in Microsoft Office applications, particularly Excel.
11. Knowledge of multi-state payroll processing and Indian tax & International Tax regulations, including TDS, GST and income tax provisions.
12. Familiarity with payroll-related aspects of Indian labour laws, such as the Employees' Provident Fund (EPF) Act, the Employees' State Insurance (ESI) Act and the Professional Tax Act.
13. Familiarity with HRIS (Human Resources Information Systems) and time and attendance systems.
14. Strong understanding of accounting principles and practices related to payroll.
15. Ability to adapt to changing payroll regulations and implement necessary updates.
Remuneration:
An outstanding remuneration package that rewards professionalism and diligence will be on offer for the successful applicant as well as a well-defined career path. An excellent package will be on offer for the right candidate, including an above industry base salary for the right person as well as the most complete employee benefit scheme. Don't miss out on this opportunity to join the market leader.
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Posted By
P G Ganesh
Vice President/Partner at Perfect Placer Management Consulting
Last Login: 22 November 2024
Posted in
HR & IR
Job Code
1470263