Manager-F&F and Payroll Processing HR

2 weeks ago

Borivli, Maharashtra, India Kotak Life Insurance Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Designation :- Manager

Department:- HR Operations

Location:- Goregaon East IT Park

Key Responsibilities;

1. Payroll Processing:

- Process payroll for all employees, including salaries, and bonuses.

- Ensure accurate calculation of deductions, benefits, and taxes.

- Maintain and update payroll records, including employee information and compensation changes.

2. Compliance and Reporting:

- Ensure payroll practices comply with labour laws.

- Prepare and submit payroll-related reports to respective stakeholders and vendors.

- Manage and resolve any discrepancies or issues related to payroll.

3. Employee Assistance:

- Address employee inquiries and concerns related to payroll, benefits, and deductions.

- Provide support for payroll-related issues, including discrepancies and adjustments.

4. Record Keeping:

- Maintain accurate and confidential payroll records.

- Ensure proper documentation for all payroll transactions and adjustments.

5. System Management:

- Utilize payroll software and HRIS systems to process and manage payroll.

- Assist in the implementation and maintenance of payroll systems and technologies.

6. Audits and Reconciliation:

- Conduct regular payroll reconciliations and audits to ensure accuracy.

- Support internal and external audits related to payroll.

7. Full & Final Settlements:

- Conduct regular F&F reconciliations and audits to ensure accuracy.

- Follow-up with respective stakeholders and get the clearances before LWD.

- Process F&F on timely basis, keeping employee experience at par.

Preferred Skills:

- Certification in payroll management (e.g., CPP - Certified Payroll Professional) is a plus.

- Experience with specific payroll software (e.g., TSR Darashaw, DarwinBox, SAP, etc..) is preferred.

Interested candidate kindly apply on below link,

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