Mystifly - Payroll Specialist

Salary Offered : 8 - 11 LPA

Experience: 4 to 7 years

Location - Bangalore

Priority - Immediate Joiners will be preferable

Specialist - 

India Payroll Management

Role and responsibilities:

- Motivate and partner with enabling teams to deliver quality service & enabling team goals

- Responsible for coordinating and managing end-to-end payroll India process

- Calculating the correct amount incorporating Allowances, Mobile deductions, VCP, Salary Advances etc. with assistance of roasters provided from the respective managers.

- Responsible for timely recording and processing of reimbursements as per deadlines

- Ensure accurate and timely disbursements of Full and Final Settlement of the exit employees

- Assisting employees with their IT declarations, Form 16 & taking care of payroll queries.

- Coordinating with the vendor for filing the income tax returns of the employees

- Responsible for maintaining the attendance and leave management of employees

- Ensure all statutory compliances are adhered to

- Co-ordinate with Admin Team to make sure all the Labour compliance is adhered as per the Guidelines

- Custodian of Central MIS: Maintain/update all Employee Master sheet on a regular basis, ensure 100% accuracy

- Prepare monthly reports like joining, exit and attrition reports.

- Coordinate, maintain and update PMS data.

- Maintain 100% accurate and up to date data in HRIS & HRMS.

- Support in implementation of business and company initiatives.

Expat Management :

Role and responsibilities:

- Play a key role in formulating global compensation & benefits strategy & the frame work to support the overall company business objectives

- Responsible for the execution of overall compensation management for expats, inclusive of annual restructuring, onsite travellers and offshore returnees compensation fitments

- Responsible for annual revisions, comp budgeting and business analytics for expats companywide

- Work closely with Consul for immigration and visa process

- HR operations role - Responsible for end to end from Onboarding to exit process for expats

- Preparation and filing of Income Tax Return. Helping expatriates in tax clearance formalities viz. obtaining tax clearance certificate

- Supporting expats with tax registration (Permanent Account Number); registration with FRRO;

- Preparation of estimated withholding-tax computations;

- Providing information to expats relating to filing of quarterly withholding tax statement;

Expat Exit formalities from India/Organisation;

- Departure formalities and assistance in obtaining No Objection Certificate (- NOC- ) from the income-tax authorities;

Requirements:

- Post Graduate degree in human resources, business, accounting, administration or related field

- Should have hands on experience to run India Payroll for the organization along with managing all the statutory compliance.

- Should have worked in an MNC firm having expats presence in India, preferably Chinese nationals

- Should have 4-6 years experience with minimum of 3 years of Expat payroll processing or expat management

- Must be complaint with Income Tax regulations and Visa process

Skills Sets:

- Solid understanding of accounting fundamentals and payroll best practices

- Proficient in MS Office, Advance Excel and good knowledge of payroll software

- Knowledge about relevant labour laws for India and International Locations