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AVP - Human Resources Operations & Automation - BFSI/FinTech

2 months ago

Mumbai, India BFSI Full time

BFSI/Fintech Company looking for AVP HR Employee Lifecycle domain based out of Mumbai.

Key highlights of the role are listed below (purely indicative and not limiting):

- Maintain accurate and up-to-date employee records in the payroll system, including new hires, terminations, salary changes, and benefits information. Ensure that all employee data is entered correctly and updated as necessary.

- Monitor and review employee time and attendance records to ensure accuracy and compliance with company policies. Address any discrepancies or issues promptly and communicate with relevant stakeholders, such as supervisors and employees.

- Assist with the administration of employee benefits programs, including health insurance, retirement plans, and other employee benefits. Collaborate with the Benefits team to ensure accurate deductions, enrollments, and terminations in the payroll system.

- Preparing payroll input, Generate regular payroll reports, such as payroll summaries, tax reports, and deductions reports. Prepare and distribute reports to relevant stakeholders, such as finance, HR, and management, as required.

- Stay updated on relevant central, state, and local payroll regulations, Labour laws and ensure compliance with them. Assist with the preparation and filing of payroll-related reports, tax forms, labour compliances and other documentation as required by government agencies.

- Respond to employee inquiries related to payroll, deductions, tax withholding, and other payroll-related matters. Provide excellent customer service and resolve issues or redirect inquiries to the appropriate team members when necessary.

- Maintaining the employee record, Insurance details, top up insurance, etc for the employees.

- Identify opportunities for process improvements in the payroll, compliance and HR Operations function. Propose and implement changes to enhance efficiency, accuracy, and overall payroll operations.

Applicants should possess the following attributes:

- A full time MBA with experience in broad range of human resource domains including Payroll & Operations with minimum of 8 years' experience.

- Experience in HR Operations and Payroll.

- Strong knowledge of regulations, and compliance requirements.

- Familiarity with payroll software and systems.

- Excellent attention to detail and accuracy.

- Strong organizational and time management skills.

- Ability to handle sensitive and confidential information with integrity.

- Effective communication and interpersonal skills.

- Proficiency in Microsoft Office Suite (especially Excel) and other relevant software

(ref:iimjobs.com)