Lead - Hr Compliance & Statutory

Job PurposeLead HR Compliance is responsible for leading HR Compliance of HO ZO Stores WH Factories at ABFRL level to ensure Statutory and Labour Compliance through coordination with ABFRL HR Legal Team and other functions Liasoning with required statutory authorities or as directed Advisory role holder for compliances of HO ZO Stores WH Factories Responding to various Notices from Authorities ensuring closure of the gaps Audit of Principle Employer and other vendors on Statutory Compliance Publishing analytics and risk management report HR Due Diligence and onboarding of new Businesses of ABFRL Job Context Major ChallengesThis role is responsible for checking ABFRL Compliance operations and transactions follow all relevant legal and internal rules Maintain all the employees statutory compliance data for future audit purposes The individual will work with Human Resources within the Company and third-party service providers related to the following Employees Provident fund Employee State Insurance Corporation Employee compensation Professional Tax Labour Welfare Fund Minimum Wages Act Payment of Bonus Act Payment of Gratuity Act S E Act Factories Act Employment Exchange Act CLRA Act Equal Remuneration Act Payment of Wages Act Child Labour Prohibition and Regulation Act The Industrial Employment Standing Orders ActKey Result Areas KRA Supporting Actions KRA1 Compliance Strategy and Execution at ABFRL level Guide strategize and execute policies and schemes to satisfy compliance demands Create sound internal controls and monitor adherence to them Collaborate with external auditors and HR when needed Understanding compliance practice at ABFRL level vendors associated scopes driven and aligning to the business and work towards process evolution Set plans to manage a crisis or compliance violation Responsible for statutory laws affecting Indian Payroll viz PF ESIC PT LWF Minimum Wages Shop Act etc Collaborate and monitor enforcement of standards and regulations Identify and mitigate possible HR compliance risks Keep abreast of regulatory developments within or outside of the company as well as evolving best practice in compliance control KRA10 Team Management Training Development of team members for skills knowledge upgradation Weekly Review and Audit of processes with team for seamless delivery on this process KRA2 Employee Benefits Compliance Knowledge Communication Circulating information to educate employees on Labour Laws and new codes Updating the recent amendments in terms of labour laws and sharing with employees Communicating with HR function leaders CHRO VP of HR etc to keep other executives up to speed on potential HR compliance risks and recommended remediation Training on Statutory and Compliance domain Designing compliance policies and procedures by aligning with business and with government regulatory requirements KRA3 Provident Fund and Employee State Insurance Corporation Managing the records of New Joiners profile creation and PF member ID allocation Monthly challan payments Verifying all statutory compliance related documents of new joinees and ensuring timely submission Creation of new joinees profile on PF and ESIC portal and updating mandatory KYC before remittance Validating the reports received post payroll for each of the employees and highlight the difference if any Post correcting the difference send the report to third party and generate the challan within the TAT Ensure remittances 2 days prior to due date KRA4 Professional Tax PT Handling PAN India stores PT and LWF compliance and ensuring timely registration for all applicable stores filling monthly and periodical returns and remittance Coordination with labour authority to close notices SPOC for Notices response Validation of employee PT deductions KRA5 Labour Welfare Fund LWF Processing and maintain records of PAN India Half yearly and Yearly challan payments SPOC for Notices response Vidation of employee LWF deductions KRA6 HR DD for New Business subsidiaries of ABFRL M A related work including due diligence New Business set-up and compliance alignments Onboarding Integration of New Businesses KRA7 Data Management Preparing monthly and periodical returns and registers and producing the same for internal and external audit Filling online and off line returns and remittance on or before due date to various departments Creating MIS for reporting to Senior Management Prepare and submit monthly quarterly and annual payroll compliance dashboards and reports and statements to appropriate internal stakeholders as required KRA8 Advisory to all Businesses for compliance Factory Store compliance governance ABFRL representative for discussing point of view on Compliances with ABG Compliance SPOC Compliances Internal audit framework set up frame and period reviews for process gap analysis and corrective actions Checklist for compliances set up and execution at ABFRL level Analysis of Critical compliance issues for prevention and corrective actions KRA9 External stakeholder and outsourced services vendor management Identify and empanel suitable consultants Monitor and track the performance of external partners Develop and build an effective network through industry contacts association memberships and staff members