Assistant Manager/ Manager Finance

2 days ago

Hyderabad, Telangana, India NCL Industries Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Payroll Management

  • Manage the end-to-end payroll process for all employees.
  • Validate inputs (attendance, leave, overtime, incentives, arrears, deductions, etc.).
  • Process accurate and timely salary disbursement.
  • Ensure accuracy of pay structures, reimbursements, and tax deductions (TDS, PF, ESI, PT).
  • Prepare payroll reports for management and finance teams.

Statutory Compliance

  • Ensure compliance with labor laws and statutory requirements (PF, ESI, PT, TDS, LWF, Gratuity, etc.).
  • File statutory returns within timelines.
  • Liaise with government authorities, auditors, and consultants.
  • Stay updated with changes in labor and tax laws and implement them in payroll systems.

Final Settlements (F&F)

  • Process employee resignations/terminations, ensuring smooth full & final settlement.
  • Calculate notice pay, gratuity, leave encashment, variable pay, and pending recoveries.
  • Coordinate with finance, HR, and other departments for clearance.
  • Issue relieving letters and settlement statements within defined timelines.

Audit & Reporting

  • Conduct monthly payroll reconciliation and audits.
  • Prepare MIS reports on payroll cost, headcount, overtime, etc.
  • Support statutory and internal audits with accurate records and documentation.

Systems & Process Improvement

  • Manage payroll software and HRIS for accuracy and efficiency.
  • Drive automation of payroll and compliance processes.
  • Develop and maintain payroll SOPs and employee guidelines.

Preferred candidate profile

  • Strong knowledge of payroll processes and statutory compliance.
  • Familiarity with HRMS/payroll software (SAP, Oracle, ADP, or similar).
  • Excellent analytical and problem-solving skills.
  • High attention to detail and confidentiality.
  • Strong communication and stakeholder management.

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