Role & responsibilities
- Ensure timely and accurate payroll processing and salary disbursement.
- Manage full and final settlements for exiting employees, ensuring correctness of payouts.
- Handle reimbursement processing for senior management.
- Compute employee taxes and address payroll- and tax-related employee queries.
- Manage monthly statutory compliances including PF, ESI, and TDS payments and returns; respond to notices and queries from the Income Tax Department.
- Ensure compliance with all statutory requirements such as Professional Tax, Bonus, and applicable labor laws.
- Prepare and issue statutory documents including Form 16, Form 16A, Form 12BA, and other relevant filings.
- Reconcile payroll-related ledgers and ensure accuracy of records.
- Support budget preparation and variable pay-out projections.
- Coordinate with internal departments, branches, and locations to resolve payroll issues and employee queries.
- Liaise with external agencies such as PF authorities, Labour Department, and insurance providers for gratuity insurance and other employee benefit programs.
- Assist in preparing actuarial data for gratuity and leave encashment valuation.
- Prepare and submit monthly manpower MIS reports.
Preferred candidate profile
- Qualification: B.Com / M.Com / MBA (Finance)
- Looking at 5-8 Years of experience with minimum 3+ years of experience in payroll processing and an overall 5+ years of experience in finance.
- Strong proficiency in MS Excel.
- Flexible and adaptable to work schedules.
- Excellent verbal and written communication skills.
- Self-motivated team player with high levels of confidence and professionalism.