03 Aug
|
BDO India
|
India
About Company
BDO India Services Private Limited is the India member firm of BDO International. BDO India offers strategic, operational, accounting and tax & regulatory advisory & assistance for both domestic and international organisations across a range of industries. BDO India is led by more than 190 Partners & with a team of over 5600 professionals operating across 12 cities. We expect to grow sizably in the coming 3-5 years, adding various dimensions to our business and multiplying the increasing the current team size multi-fold.
Details:
Job Code
MS/Kolkata/4511
Position Title
Associate / Senior Associate
Location
Bangalore/Pune/Noida/Hyderabad/Kolkata
Department
BSO – Payroll Outsource
Experience
2- 5
Qualification
Graduation in Commerce or equivalent or Master Degree
Core role & responsibilities:
- Ensure all allocated client’s payroll is processed accurately and timely
- Oversee the end-to-end payroll process, including data collection, input, calculations, and reporting.
- Ensure accurate and timely processing of payroll for employees across multiple locations.
- Process complex payroll calculations, including bonuses, commissions, and tax withholding.
- Oversee salary changes, compensations, deductions, bonus, variable payouts and advantages to employees.
- Stay updated on evolving payroll laws, regulations, and tax requirements to ensure compliance.
- Lead efforts to improve payroll processes, enhance system efficiency, and reduce errors.
- Perform regular audits and reconciliations to identify and resolve discrepancies.
- Prepare payroll reports for management and finance teams, analysing payroll data and trends.
- Prepare payroll reports for management and finance teams, analysing payroll data and trends.
- Ensure 100% error free deliverables.
- Taking care of statutory deductions precisely (Income Tax, PF, ESI, PT, LWF) and remittances of all statutory liabilities in time
- Complies with all payroll related statutory returns
- Knowledge one TDS filing, Form 16 generation, TRACES
- Conducting internal system and process health checks
- Ensure the maintenance of maker and checker concept & follow the process/work flows
- Updating on income tax and other state laws amendments and rules
- Maintain employee payroll records data in system
- Maintains employee confidence and protects payroll operations by keeping information confidential
- Preparation and follow process checklists
- Client Management
- Response to queries from employees within TAT, conduct payroll helpdesk
- Audit Support and providing required details for Statutory / Internal Audits
- Preparation of internal reports and provide all required information/data to reporting manager
- Preparation of JVs and providing required information to client
Competencies:
Domain Knowledge
Collaboration
Strategic Thinking
Knowledge on Payroll Software
Interpersonal Relationship & Respect
Payroll Compliance and Labour Laws
📌 Senior Associate - MS/Kolkata/4511 - BSO – Payroll Outsource (India)
🏢 BDO India
📍 India