Assistant Manager

Role Overview:

The role will be responsible for payroll processing, retainer payouts, statutory compliance, and ESOP accounting, ensuring robust financial controls, accurate ERP entries, timely MIS, and seamless audit schedule preparation.

Key Roles and Responsibilities:

• Process monthly payroll for employees on the last working day

• Process retainer fees on a monthly basis

• Handle Full & Final settlements for employees and retainers

• Process visiting consultant payouts on a quarterly basis

• Post salary, trainee, and Vidyarthi JVs in Sun Systems after validation with salary registers

• Post retainer JVs after validation

• Manage allocation of liability codes in Sun Systems for payroll-related entries

• Record and account for NPS entries

• Ensure timely deposit of NPS contributions (before 5th of the month)

• Prepare TDS liability on salaries and coordinate with Tax team for timely deposit

• Validate PF/ESI challans with salary registers and ensure deposit before due dates

• Deposit Labour Welfare Fund as per applicable timelines

• Prepare and share quarterly TDS data for salary returns with HR

• Prepare and share monthly Salary MIS within defined timelines

• Book sales incentive provisions on a monthly basis

• Prepare schedules for Internal Audit, Statutory Audit, and Tax Audit

• Ensure proper documentation and audit readiness

• Coordinate with HR for actuarial valuation data and ensure accounting entries

• Manage ESOP accounting

Key Skills & Competencies:

• Strong expertise in payroll accounting and statutory compliance (TDS, PF, ESI, NPS)

• Hands-on experience with ERP systems and MIS reporting

• Good understanding of audit processes and financial reconciliations

• Strong analytical skills and attention to detail

• Effective stakeholder management and communication skills

• High level of ownership, integrity, and ability to meet timelines

Experience & Qualifications

• Bachelor's degree in commerce

• 5-8 years of experience