About the Company:
Orient Electric is a leading name in the Indian electrical industry with a rich history of over 60 years. It has established itself in the field of manufacturing and marketing a diverse range of electrical products, including fans, lighting, home appliances, and switchgears. Orient Electric is a part of the diverse CK Birla Group and aims to provide innovative and energy-efficient solutions for every household and commercial space.
Role Purpose:
The Executive Human Resource at
Orient Electric is responsible for managing and overseeing the Payroll and Compliances for workmen to ensure they align with the business goals, and fostering a positive work environment to promote employee satisfaction and productivity.
Work Environment/Location:
This role is based in Faridabad and requires in-office work. The successful candidate will be part of a vibrant and dynamic work environment at
Orient Electric.
Payroll Specialist
A Payroll Specialist would be responsible for managing all aspects of payroll processing and ensuring that contract workmen are paid accurately and on time. This role requires a strong understanding of payroll systems, compliances including Contract Labour Act and diligent in presenting data and MIS
Key Responsibilities
- Payroll Processing
- Calculate workmen wages, overtime, bonuses, and deductions.
- Process payroll on a weekly, bi-weekly, or monthly basis as required.
- Ensure timely submission and distribution of payables and invoices made by the vendor .
- Compliance and Tax Reporting
- Ensure payroll activities comply with statutory compliance and regulations.
- Prepare and file payroll tax returns and related reports, such as W-2s and 1099s.
- Stay updated on changes in tax laws and employment regulations.
- Data Management
- Maintain accurate workmen payroll records, including hours worked, deductions, and benefits.
- Update records for new hires, terminations, promotions, and salary adjustments.
- Audit payroll records for accuracy and resolve discrepancies.
- People Support
- Respond to workmen inquiries regarding payroll, deductions, or discrepancies.
- Educate employees on how to access payroll information and explain payrolls details.
- Collaboration
- Coordinate with HR and finance departments to ensure accurate employee data and budget alignment.
- Support audits and provide payroll-related documentation as requested.
Required Skills And Qualifications
- Education: Bachelor's degree in Accounting, Finance, Business Administration, or a related field (or equivalent experience).
- Experience: 2+ years of experience in payroll processing or a similar role.
Technical Skills:
- Strong understanding of compliance , payroll systems, and compliance requirements.
- Advanced knowledge of Microsoft Excel and other data management tools.
Soft Skills:
- Excellent attention to detail and accuracy.
- Strong problem-solving and organizational skills.
- Effective communication and interpersonal skills.