Manager - Payroll - NBFC

Company : A leading NBFC of a Top conglomerate

Position : Manager - Payroll

Location : Chennai

Qualification : C.A, CA Inter

Proficiency : MS Office (Word, Excel, Power Point), Outlook

Experience : 5 - 7 years of relevant experience

Competencies :

- Manage the Payroll and all staff benefits fund function, including Provident Fund, Gratuity, Superannuation and Privilege Leave. Ensuring all government tax regulations and policies are followed

- Manage monthly payroll for employees, liaising with local HR to reconcile and resolve employee data variances, and submitting data for processing; reconcile payroll prior to transmission and validate reports

- Scrutinize payroll data to ensure consistency and accuracy / reasonableness of employee data provided by HRMS

- Manage outsourced payroll vendor relationships and ensure adherence to policies, procedures and SLAs

- Ensure all Settlement Advice's are approved in a timely manner.

- Perform year-end reporting for all payrolls

- Administer and ensure proper accounting for company & ESOP plan

- Understand proper taxation of employer paid benefits. Administer monthly and annual tax settlement for payrolls.

- Record applicable month-end accounting entries to the general ledger controlling accounts for payroll transactions

- Reconcile GL accounts, ensuring reconciling items are reviewed and cleared according to policy.

- Responsible for periodic updates to staff in matters of Staff Welfare Fund, Provident Fund (PF) accounts, etc

- Strong written and verbal communication skills

- Able to communicate effectively and confidently