22 Aug
|
Crompton Greaves Consumer Electricals
|
Mumbai
22 Aug
Crompton Greaves Consumer Electricals
Mumbai
Job Description
Position Overview
The Payroll Manager will be responsible for end-to-end payroll management, statutory compliance, employee settlements, and ensuring accuracy and timeliness in salary disbursements. The role requires close collaboration with HRBPs, Finance, Treasury, and external vendors to manage payroll processes across White Collar & Blue Collar employees. The individual will also oversee payroll financials, statutory compliance & retirals & will handle employee queries effectively.
Key Responsibilities
Payroll Processing
- Prepare monthly payroll calendar and coordinate with HRBPs.
- Collect, validate, and consolidate payroll inputs including new joiners, CTC changes, bank details, resignations, and LOP updates.
- Validate CTC, pay registers, salary variance reports, and ensure final payroll accuracy.
- Process salary JV for Finance and manage TDS payments.
- Share salary registers, payslips, and reports with HRBPs and Plant teams.
Final Settlement (FnF)
- Collect FnF inputs such as notice period recovery and leave encashments.
- Validate pay register and reconcile with FCTC tracker.
- Prepare FnF JV, coordinate with Treasury for fund allocation, and share FnF payslips with HRBPs.
Statutory Compliance & Payments
- Manage PF, Qualified Tax, NPS, SAF, and Gratuity payments.
- Maintain compliance registers and ensure accurate reporting to authorities.
Payroll Financials
- Validating Payroll JVs & Provisions
- Head Count Reconciliation
- Variance Analysis
FCTC Payments
- Validate FCTC registers and update trackers.
- Coordinate with payroll vendors and Treasury for fund processing.
Administrative Activities
- Create and update master data (job, dept., location, cost center, employee codes, vendor codes).
- Approve resignations, separation dates, gratuity corrections, and no-dues clearance for exit employees.
- Support goal setting, performance cycle, and reporting for HRBPs.
- Ensure smooth handling of transfers, supervisory updates, and
📌 Payroll Manager (Mumbai)
🏢 Crompton Greaves Consumer Electricals
📍 Mumbai