Associate Manager - Payroll Specialist

Key Responsibilities:

• Manage the execution of payroll and related reimbursements for all AIE & AGSI employees.
• Execute any organizational and/or regulatory changes related to area of Payroll.
• Analyzes, audits, reconciles and resolves payroll processing and employee payroll issues to ensure smooth payroll processing
• Ensures payroll reporting and payments are compliant with company policy, generally accepted accounting principles, and relevant government regulations
• Supports Amway's response to auditing and regulatory inquiries
• Work with internal and external systems support providers to achieve solutions or administrator company payroll system ("in-house" or vendor provided system)

Primary Responsibilities

• Processing salary and payroll reimbursement for all AIE & AGSI employees.
• Liaise with payroll and compliance vendors to ensure a smooth-running process and timely disbursal of salaries.
• Liaise with HRC on all payroll related queries resolution (Including queries on income tax, flexible benefit plan and salary etc.)
• Ensure all new payroll policies and processes are effectively communicated to the employees via HRC
• Responsible for processing Full & Final settlement of all exited employees within TAT.
• Ensure complete compliance related to Provident Fund, Gratuity, Labour welfare Fund, Professional Tax, ESIC, TDS etc.
• Prepare monthly accounting entry of payroll payments and accruals and provide to GBS team.
• Processing of Performance Incentive and Long-Term Incentive on yearly basis.
• Verify the retiral documents and coordinate with the consultant to process all retiral claims in the timelines.
• Accountable for year-end activities involving Income tax proof collections, Issue of Form 16.
• Ensure timely valuation of Leave encashment and Gratuity as per prevailing statutory rules.
• Reconcile Payroll related GL accounts and prepare the audit schedules on monthly basis.
• Handle Internal and External Audits (including Trust Audit) for Payroll process and system.
• Maintain confidentiality of payroll data.

Education:

Graduate+MBA in HR

Experience: 5-10 years

Required skills and competencies

• Good knowledge in Payroll Processing
• Good knowledge in Employee Taxation.
• Sound knowledge on processing of Employee Retirals.
• Good knowledge in Audit Handling.
• Good interpersonal skills
• Attention to detail.
• Good communication skills
• Expect to be highly trustworthy and able to maintain confidentiality