Glenmark Pharmaceuticals - Manager - HR Payroll

Role overview: The incumbent will manage India Payroll which includes Statutory compliance, F&F Settlements, Payroll Audit.

Responsibilities:

Payroll Management:

- Monitor and Observe Overall Payroll process and ensure timely and accurate salary credit

- Effective Payroll Input management and its use for Payroll process to process Zero Error payroll

- Validate and consider Reimbursement claim for India payroll

- Validation of salary register before final payroll process and post to FICO module

- Bank Account Reconciliation and recording of fallout payment

- Prepare Payroll MIS on monthly Basis and submit to the Management

Employee F&F Settlement:

- Responsible for F&F Settlement and providing forecast for F&F settlement before the exit

- Track F&F settlement status and intimate to BU's for fast closing of F&F settlements

- Prepare F&F Settlement MIS and intimate Bu's and HRSS team for F&F dues recovery

Statutory Compliance:

- Ensure correct mapping of statutory deduction in the system and deduct accurately through salary

- Ensure payments of statutory dues to be on time to Govt. Authority

- Monitor NPS enrolment, salary revision and its deposit on monthly basis

Manage Payroll Audit:

- Conduct sample payroll Audit on Monthly Basis to ensure that all payroll process has been followed strictly and accurately

- Reconciliation of all Statutory payments and clearing of all Payroll related GL accounts on monthly basis

- Reconciliation of salary payable GL and clearing of salary payable GL account on Monthly Basis

- Support Payroll and HR Audit by providing required details and documents on quarterly and annual basis

- Coordinate with All Stakeholder for Audit response

- Answer Payroll & HR Audit queries and prepare response to Audit report

Other Payroll Activities:

- Prepare Managerial remuneration and KPI reports under Sect 197

- Collect, Reconcile and provide Leave Balance to Audit team on quarterly basis for Actuarial valuation

- Superannuation & Gratuity Trust Management

Educational Qualification: MBA

Experience: 10+ Year's

Knowledge and Skills (Functional / Technical): SAP HR & Payroll Module, Income Tax, Advance Excel, Power Point

Behavioural Attributes:

- Strong Communication and interpersonal skills

- Confident of interacting with all stake holders

- Stakeholder Management

- Exceptional attention to detail

- Excellent follow-through and delivery