SAP Payroll- Senior Executive ( Finance and Accounts)

Experience: 8-10 Years

Industry: Manufacturing / Engineering / Automotive

Qualification: M.Com

Location: Aurangabad / Chhatrapati Sambhajinagar.

Designation: Sr. Executive (Finance & Accounts)

Job Description-

M.COM, Experience - 8 to 10 years, should have a knowledge of PF, PT, ESIC, Bonus, Microsoft excel, office, PPT etc. SAP knowledge must. Knowledge of gratuity calculation, leave encasement and full and final working is must.

Detailed Justification/ Job Description:

- Verification of pay elements in SAP, Payroll Area, Sub Area for Prof. Tax and Income tax calculation
- Accuracy of Earnings (Basic, HRA, Allowances) & Deductions (PT, PF, ESIC, NPS, SA)
- Salary Reconciliation – Last vs Current Month, Variations with Remarks
- Timely preparation of Bank File, Approval & Salary JV Posting
- Processing within 7 days of receipt,



Gratuity/Leave encashment as per Act
- Preparation, Actuarial Valuation & SAP Entries
- Actuarial valuation on Quarterly basis and accordingly passing the entries in the books. PT, ESIC, PF, TDS on Salaries, MLWB, Quarterly 24Q Filing and timely payment as per due date
- Resolution of payroll related queries
- Bonus payment to left employees
- Collaboration with HR & resolving the issues of Employees
- Error-free, Payroll Data & Continuous Improvements
- Correctness of Form 16, Transfer of unpaid wages/bonus to Govt.
- Supporting cross-functional teams in payroll & compliance.

Pay: ₹50,000.00 - ₹60,000.00 per month

Advantages:

- Health insurance
- Life insurance
- Provident Fund

Work Location: In person

📌 SAP Payroll- Senior Executive ( Finance and Accounts) (India)
🏢 Forbes Precision Tools and Machinery Parts
📍 India