Payroll Manager

2 weeks ago


Mumbai Metropolitan Region, India Talent Trace Consultancy Full time
  1. Job Title: Payroll Executive
  2. Salary Bracket: Upto 60k CTC depend on time.
  3. Requirements: The ideal candidate will have a strong knowledge of cloud-based software and be familiar with income tax laws and benefits.
  4. They should be well-versed in tax benefit components such as LTA and attire allowance.  Additionally, they should have experience designing CTC packages that allow employees to maximize their tax benefits.
  5. Job Brief: At least 4 years of experience in a payroll management role in an outsourcing company.
  6. Strong knowledge of cloud-based software for payroll management .
  7. Proficient in Indian income tax laws and benefits, specifically sections 80C, 80CCD, 80D, etc.  Familiarity with tax benefit components such as LTA and attire allowances .
  8. Design CTC packages that optimize tax benefits for employees
  9. Managed monthly reimbursements for car, books & periodicals, entertainment, LTA, and telephone, aligning with eligibility criteria.
  10. Prepared payment reports and bank advice, and generated department-wise reports for clients.  Successfully processed Full & Final settlement of resigned employees.
  11. Responsible for quarterly & annually ETDS filing.
  12. Checked investment proofs and worked on quarterly and yearly ETDS files to generate Form16.
  13. Managed PF, PTAX, and ESIC payments and returns.

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