Experience: 8-12 years
Team Handling: Exp is must.
Proficient in End-to-End Payroll Processing, Taxation, Compliance, and Insurance with team handling experience.
Roles and Responsibilities:
1. Payroll Processing
- Manage monthly salary processing including inputs, validation, and disbursement.
- Ensure accurate calculation of earnings, deductions, arrears, bonuses, and full & final settlements.
- Coordinate with HR and Finance for timely input closures and approvals.
2. Taxation & TDS Returns
- Calculate and deduct monthly TDS on salaries as per Income Tax regulations.
- Prepare and file quarterly TDS returns (Form 24Q).
- Issue Form 16 to employees within the prescribed timelines.
3. Compliance Management
- Ensure adherence to all statutory requirements including PF, ESIC, PT, LWF, and other applicable labor laws.
- Liaise with external consultants/auditors for statutory audits and inspections.
- Maintain updated records for all statutory filings and challans.
4. Insurance Administration
- Handle end-to-end employee insurance lifecycle addition, deletion, claims coordination, and policy renewal.
- Coordinate with insurance providers for premium quotations, negotiation, and onboarding.
5. Provisions & Reconciliation
- Prepare monthly payroll-related provisions (gratuity, leave encashment, bonus, etc.).
- Reconcile payroll-related accounts with finance including salary payments, statutory deductions, and insurance premiums.
- Ensure accuracy in general ledger mapping and audits.
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