Minimum Degree: Graduation in Commerce preferably with PG
Minimum Years / Type of experience: Minimum 5+ years’ experience in payroll activities with similar plants Area-specific knowledge: o Knowledge about Provident Fund, Professional Tax, Income Tax, LWF o Positive knowledge in MS-Office tools like, Excel, PPT, Word o Well-versed with ERP, best practice & process in the industry o Good oral, written communication skill o Good in data management skill o Knowledge of ERP tools
Payroll Processing
Validate & process the input / output in line with policy & process guidelines
Input consolidation, data entry in system.
Pre-process checking, payroll process & post-process check.
Check all statutory compliance deductions, finalize the payroll.
Prepare Bank advice as per agreed format.
Ensure 100% accuracy & on time salary credit to employees.
File E-TDS quarterly returns.
Check and process off-cycle.
Process Full and Final settlement.
Process salary advance as per laid down policy.
Process Medical, LTA re-imbursement and other relevant reimbursements.
Update & Maintain payroll input, reports & other data in shared folder and in Hardcopy in payroll file.
Prepare Head count reconciliation and variation analysis.