02 Nov
|
Razor Sharp Hr And Consulting Opc
|
Chandrapur
02 Nov
Razor Sharp Hr And Consulting Opc
Chandrapur
Core Responsibilities 1. Payroll Operations & Execution
- Manage end-to-end processing of monthly payroll for management, non-management, contractual, and plant personnel.
- Review and validate payroll inputs, including attendance, leaves, overtime, shifts, allowances, loans/advances, and variable pay.
- Compute tax deductions at source (TDS/IT), perform salary structure analysis, and ensure compliance with old and new tax regimes.
- Coordinate with plant HR/Timekeeping teams to resolve site-level attendance or pay anomalies before payroll finalisation.
- Prepare, audit, and disburse full & final (F&F;) settlements, gratuity, leave encashment, and bonus payments within stipulated timelines. 2. Statutory Compliance & Audits
- Ensure strict adherence to applicable labor laws, including PF, ESI, Qualified Tax (PT), Labour Welfare Fund (LWF), Payment of Bonus Act, and Minimum Wages Act.
- Prepare, verify, and file monthly statutory returns (PF ECR, ESI, PT, LWF) and quarterly Form 24Q for TDS.
- Facilitate internal, external, and statutory audits related to payroll, HR compliance, and tax assessments.
- Issue Form 16s annually and manage year-end tax declaration verification and proofs collection. 3. Payroll Accounting & HR Systems Integration
- Coordinate with the Finance & Accounts team for month-end payroll journal entries, bank upload files, and ledger reconciliations.
- Maintain and optimize HRMS/Payroll software systems (e.g., SAP, Darwinbox, ZingHR, or equivalent), ensuring data integrity.
- Handle statutory vendor payments and vendor invoices related to payroll processing or contract labor deployment. 4.
Employee Support & Reporting
- Act as the primary point of contact for employee salary, tax, and pay slip queries, ensuring prompt resolution.
- Prepare customized payroll analytics, HR dashboards, manpower cost reports, and variance analyses for management review. Key Performance Indicators (KPIs)
- Payroll Accuracy: Zero-error processing of monthly payroll, F&F; settlements, and disbursements.
- On-Time Processing: 100% adherence to defined payroll payout dates and statutory filing deadlines.
- Compliance Rate: Nil non-compliance penalties or legal/statutory audit findings.
- Employee SLA: Resolution of payroll-related grievances within defined turnaround time (2448 hours). Qualification & Experience Requirements CriteriaRequirementsEducationBachelor’s degree in Commerce (B.
Com) / Finance / HR; MBA/PGDM in HR or Finance, or M.
Com preferred.Experience5 to 8 years of relevant experience in end-to-end payroll processing.Industry PreferenceIron & Steel (1st Preference), Manufacturing, Metals & Mining, Heavy Engineering, or Infrastructure sector background is preferred.Software SkillsAdvanced MS Excel (VLOOKUP, Pivot Tables, Macros); hands-on expertise in ERP Systems (SAP HCM/Payroll) or modern HRMS platforms. Desired Knowledge & Skills
- In-depth understanding of Indian statutory compliance framework and Income Tax laws (Section 192, Form 16, Form 24Q).
- Strong analytical, data reconciliation, and numerical capabilities with meticulous attention to detail.
- Good communication and stakeholder management skills to interface effectively with Finance, HR Site Heads, and Auditors.
📌 Assistant Manager (Chandrapur)
🏢 Razor Sharp Hr And Consulting Opc
📍 Chandrapur