Manager Payroll
3 weeks ago
Position title
Manager Payroll
Reports to
Group Manager – Payroll, Insurance & Reporting
Job grade
Manager
Location
Chennai
Job Purpose
The role holder leads the Payroll function for the organization. He/she will drive process improvements to meet internal and external service delivery expectations.
Key Responsibilities
- Lead payroll functions that includes end to end payroll operations from employee master creation, salary release, reimbursement accounting with GL scrutiny and P&L analysis
- Responsible to review and release salary to the employee bank account
- Responsible to review and release reimbursement of travel and other business related expenses
- Share the budget vs actual variance report to management with the impact to P&L account
- Preparation of CXO dashboard with functional level travel expenses incurred during the month and YTD
- Share inputs to business partnering teams on a monthly basis and annual basis for SBP preparation
- Explore, identify and implement automation / simplification of existing process to save time and manual efforts
- Adherence to IC COE controls and report with closure for any exceptions identified
- Completion of compliance reports / checklists for statutory compliance related matters. Ensuring timely payment of statutory dues related to employees, timely submission of statutory returns, and dissemination of statutory forms to employees
- SPOC to all the functional head and HRBP for any inputs related to payroll functions
- Mentor and guide the team to achieve their deliverables with more process improvements
- Responsible for coordinating with direct tax consultants to get the statutory filing completed within the due dates to avoid tax audit observations
- Responsible for handling employee escalations and resolving the issue without any loss to the employee. Liaise with employees (including CXOs) to resolve queries
- To evaluate the performance of the payroll processing consultants on a monthly basis and get the vendor bills settled
- Review of audit schedules, coordinating with internal and external statutory auditors to ensure completion of audits without any observations
Work Experience
Education
Post Graduate
Experience
- At least 5-7 years of relevant experience in payroll services preferably in payroll management
- Knowledge in income tax laws
- Knowledge of PF, bonus, gratuity and other laws related to employees
- Good communication skills
- Good presentation skills
- Strong analytical skills
- Ability to handle big data
- Working knowledge in Google applications
- Working knowledge in MS Office tools such as MS Excel, MS Word
- Hands on experience on SAP (preferably)
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