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04/02 Megha
HR at Kotak

Views:575 Applications:109 Rec. Actions:Recruiter Actions:0

Kotak Life Insurance - Manager - Payroll (3-4 yrs)

Mumbai Job Code: 793847


- Managing the payroll activity

- Updates payroll records by reviewing and approving changes in exemptions, insurance coverage, savings deductions, and job titles, and department/ division transfers.

- Pays employees by directing the production and issuance of salaries or electronic transfers to bank accounts.

- Ensure all payroll information and records are maintained in accordance with statutory requirements

- Support all internal and external audits related to payroll

- Process payroll checks for executive staff and employees

- Prepares reports by compiling summaries of earnings, taxes, deductions, leave, disability, and nontaxable wages.

- Determines payroll liabilities by approving the calculation of employee federal and state income and social security taxes, and employer's social security, unemployment, and workers compensation payments.

- Balances the payroll accounts by resolving payroll discrepancies.

- Provides payroll information by answering questions and requests.

- Maintains payroll guidelines by writing and updating policies and procedures.

- Maintains employee confidence and protects payroll operations by keeping information confidential.

- Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.

- Contributes to team effort by accomplishing related results as needed.

Women-friendly workplace:

Maternity and Paternity Benefits

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