This position will manage India Payroll which includes Strong Statutory compliance knowledge, F&F Settlements, Payroll Audit

Payroll Management

Monitor and Observe Overall Payroll process and ensure timely and accurate salary credit
Effective Payroll Input management and its use for Payroll process to process Zero Error payroll
Validate and consider Reimbursement claim for India payroll
Validation of salary register before final payroll process and post to FICO module
Bank Account Reconciliation and recording of fallout payment
Prepare Payroll MIS on monthly Basis and submit to the Management

Employee F&F Settlement

Responsible for F&F Settlement and providing forecast for F&F settlement before the exit
Track F&F settlement status and intimate to BU's for fast closing of F&F settlements
Prepare F&F Settlement MIS and intimate Bu's and HRSS team for F&F dues recovery

Manage Payroll Audit

Conduct sample payroll Audit on Monthly Basis to ensure that all payroll process has been followed strictly and accurately
Reconciliation of all Statutory payments and clearing of all Payroll related GL accounts on monthly basis
Reconciliation of salary payable GL and clearing of salary payable GL account on Monthly Basis
Support Payroll and HR Audit by providing required details and documents on quarterly and annual basis
Coordinate with All Stakeholder for Audit response
Answer Payroll & HR Audit queries and prepare response to Audit report

Income Tax

Knowledge of Income tax act and its Rule
Handle Income Tax declaration on monthly basis and annual investment proof validation process
Monthly Tax deduction and deposition
In depth knowledge of Quarterly/Annual return filing
Conduct awareness session and guide employees on Income tax provisions

Statutory Compliance

In depth knowledge of Statutory compliance
Ensure proper deduction of statutory Dues through salary
Ensuring timely generation of PF, ESIC, LWF, PT challans for online payment across all Branches.
Coordination with Payroll, Accounts & Finance team for making the statutory payments like PF, ESIC, P. Tax, LWF.
Guide employees for linking Aadhaar and UAN, Create UAN, Face recognition
Statutory Payment reconciliations and ensure Zero balance in respective GL accounts
Monitor and Ensure 100% E-Nomination under PF/ESIC/Gratuity act for all new join employees
Support Employees for PF transfer/PF withdrawal/Pension/EDLI claim
Coordinate with PF/ESIC office for employee related query/claim
Monitor and ensure to file all Statutory return on time
Attend Statutory Inspections & Assessment and close positively
Handel Statutory Notices and replay suitable to close the notices
Handel Internal & External Audits and plan and close Open points
Guide stakeholders on statutory acts and its provision
In depth knowledge of Professional Tax compliance
Deduct and deposit P. Tax dues for Branches across India
Attend P. Tax assessment and close positively

Gratuity Compliance

NPS Compliance

Other Payroll Activities

Prepare Managerial remuneration and KPI reports under Sect 197
Collect, Reconcile and provide Leave Balance to Audit team on quarterly basis for Actuarial valuation
Superannuation Trust Management
In depth knowledge of Maternity benefit and its Rule

Knowledge and Skills (Functional / Technical):

Leadership/Managerial Attributes:

Manager- Payroll