I. Job Details Job Title
- Payroll Partner Department
- Finance & legal Reporting to
- Manager
- Payroll Manager & Labour Law Compliance Job Location
- Bangalore II. Job Purpose This team member will be responsible for overall Payroll processing, Statutory Payments & Labour Law Compliance which are currently existing or may be notified from time to time by the organization or through the knowledge of the government notification. III.
Key Responsibilities
• Payroll Process & Statutory Payment – Ensure the payroll is processed as per the internal process & salary payouts are on time – Filing of returns under Skilled Tax & Income Tax as per the applicable timelines – Ensure payments under various labour legislations – Monthly/Quarterly/Half Yearly/Yearly returns under various applicable statutory labour legislations – Responsible for the Form 16, Income tax declaration & proofs collection coordination
• Salary Provision – Ensure to share the salary cost provisions to respective stakeholders within the time – Connecting with Finance & Store Partners to clarify if any for the salary cost provisions queries
• DISP Allotment and Settlement (ESOP)
– Prepare the eligible list & allocate the value to invest for the DISP – DISP allocation for the long service employees – DISP settlement process for left employees & early redemption request
• Other Responsibilities – Maintain Cash flow – Assisting to the New Labour Codes Implementation – Gratuity Provisions – Assisting to the new HRMS(Workday) implementation – Assisting for the budgeting & MIS Reports IV. Key Performance Indicators Measurable Deliverables
• 100% adherence to all applicable labour laws
• 100% of the office or business locations covered/adhered under/to the applicable labour legislations
• 0% fines from statutory authorities V. Job Requirements Minimum Qualifications
- Graduate & Post Graduate/Diploma in HR Experience
- A minimum of 6
- 8 years of experience in Payroll, Statutory Payments & Labour Law Management Technical Skills
- Should have good knowledge in the Payroll, Income Tax, Statutory deductions, Labour Law, Tech savvy with hands on experience on data analytics and process innovation. Behavioral Skills
- Sportive, Pro-activeness, Communication Skills & Leadership Skills.