Manager - Compensation and Benefit
2 months ago
OfficeLocation: Andheri EastMumbai
Responsibilities:
- PayrollManagement:
- Calculate employeespay based on days worked deductions taxes andbenefits.
- Maintain accurate records of allpayroll transactions.
- Ensure timely payment ofall payrollrelated taxes.
- Handle payrollprocessing for the entire hiretoretirecycle.
- Labor Laws &Compliance:
- Ensure compliancewith all applicable labor laws andregulations.
- Stay updated on changes in laborlaws and implement necessaryadjustments.
- HROperations:
- Oversee endtoend HRoperations including payroll benefits administration and employeerecords management.
- Serve as the first point ofcontact for employee inquiries regarding salary benefits andtaxes.
- HRPolicies:
- Develop and implementHR policies and procedures in line with company goals andregulatory requirements.
- BenefitsAdministration:
- Manage employeebenefits such as health insurance retirement plans and groupgratuity scheme.
- Administer employee insuranceincluding GPA GTL andMediclaim.
- TaxCompliance:
- Ensure compliancewith income tax regulations.
- File quarterly andannual TDS returns and handle issuance of Form16.
- Reporting:
- Generatereports related to payroll expenses taxes and other relevant datato facilitatedecisionmaking.
Qualifications:
- Minimum5 years of experience in endtoend payrollactivities.
- Experience managing payrollprocessing for at least 300 permanentemployees.
- Strong understanding and practicalapplication of income tax maternity act labor laws group gratuityscheme and new pension scheme.
- Familiarity withemployee insurance processes.
- MBA from Tier 1institutes or equivalent experience in a reputableorganization.
- Experience in a product/servicescompany preferred.
payrollmanagement,compliance,hr operations,benefitsadministration,compensation,insurance,hr policiesdevelopment,income tax,gratuity,pension schemes,employeerelations,tax deducted at source (tds)
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