Assistant Manager Human Resources Payroll And Compliance

1 month ago

noida, India Vision India Services Pvt. Ltd. Full time

JOB PURPOSE

The role holder will be responsible to perform & manage the entire set of actions towards timely fulfillment of Payroll, Payroll related compliances, Incentives / Performance linked incentives, other rewards, Client invoicing and analytical reports related to payroll for Vision India & its subsidiaries. He must have the ability to handle bulk payroll, running in thousands, managing an automated work flow but having the ability to run the process offline also. The incumbent will demonstrate a high level of coordination skills with internal teams & the client towards closure of invoicing / payroll related queries & operations. The role incumbent would be deft in a start-up like environment and brings to fore, a strong challenger mind-set with proven abilities to influence peers across the eco-system and deliver a higher quality quantity mix for talent acquisition

KEY RESPONSIBILITIES

Operations:

1-Management & administration of the payroll operations and compliance in an accurate & timely manner for the entity, subsidiaries & the clients.

2-Payroll Master Data sanctity, on ERP & offline modes. Audit the data & highlight inadequacies to the concerned stakeholders.

3-Manage time bound processes and ensure validation of data for accuracy & completeness being Investments declaration, Form 16s, Tax Returns.

4-Due diligence:

a-Employee Benefits including Employee reimbursements as per applicable rules and regulations.

b-Verification & Reconciliation of monthly payroll.

c-Invoicing inputs, payroll & other incentive / reward inputs. Payroll output.

d-Time lines & schedule compliance for are met for salary disbursement and statutory compliance

5-Report generation & sharing with stakeholders post closure of payroll, as per agreed schedule. Provisions related to payroll to be shared with the accounts team for monthly closure.

6-Calculation and deposit of monthly liability of TDS on salaries, preparation & submission of all Quarterly and Annual returns, as applicable.

7-Payroll & Invoicing Dashboards. MIS and Analyticsregarding payroll and employee benefits with Standardization of reportsfor better decision making. Variance reports with justifications and a 4-eye concept.

8-Track & record compensation changes for employees. Final settlement closure as per process.

9-Process improvement & automation opportunities, seamless & validated flow of data, inputs & output.

10-Development, deployment and maintenance of payroll procedures and processes.

11-Accurate & updated master data for all the payroll, Incentives / rewards, policies etc. as applicable. Data security.

Financial:

1-Ensure adherence to the payroll & incentive / reward budgets & subsequent reduction in costs.

2-Zero penalties/late payment charges for payroll compliances.

3-Functional inputs to F & A team for Book keeping, closing & compliances.

People:

1-Cross functional teams, strong working relationships. Close coordination with teams ensuring adequate alignment.

2-Clients: Strong bonds based upon trust & commitments. High customer satisfaction scores, internal & external.

NOTE:

Measurable Deliverables

1-% adherence to pre-defined schedule for payment of salaries to employees.

2-% deviation from Compensation budget.

3-% accuracy in preparation of invoice/payroll / Number of cases with erroneous salary calculation.

4-% adherence to pre-defined timelines for sending communication to employees.

5-Average Response time for resolving employee/stakeholder queries.

6-Quality of analytics in the reports.

7-Automation Projects: Suggestions & implementation of approved improvements in timeline.

8-Other activities as may be allocated by the management.

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