Vaidic Wellness Products - Payroll Specialist

Role Overview

This role will span across line functions at TCIL, SOTC and TCI. This role is responsible to achieve operational targets for the Shared Services Centre business unit, by defining and implementing service strategies to offer best in class service to our Stakeholders. This management cadre role will be responsible to co-ordinate with stakeholders to optimize the cost on behalf of the Company

Purpose of Role

1. Understanding and complete knowledge of all Employment Acts and provisions

2. Subject Matter Expert for Employee Benefit programs including but not limited to PF, Gratuity, and Medi-claim etc.

3. Understanding of contracts and payments of all outsourced staff of all entities and can manage contractual process efficiently

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

5. Prepare reports by compiling summaries of earnings, taxes, deductions, leave, disability, and non-taxable wages.

6. Maintain payroll staff by recruiting, selecting, orienting, and training employees.

7. Overlook the entire gamut of HR Operations activities like employee confirmation, transfer, promotions, exit management and review the processes periodically and ensure process improvement.

8. Implementation and periodic review of HR policies and ensuring well defined people practices.

9. Ensure BGV is done for 100% employees and within TAT.

10. Ensuring continuous process improvements in HRMS w.r.t. ease of use.

Job Description

1. Ensure Statutory compliance for all entities covering all Employment Acts

2. Manage the Employee Benefits Programme including but not limited to - PF, Gratuity, Medi-claim etc.

3. Maintain payroll information by designing systems; directing the collection, calculation, and entering of data for all three entities.

4. Ensure 100% accuracy in payroll across all entities5. Manage the contracts and payments of all outsourced staff of all entities

6. Maintain payroll staff job results by counseling and disciplining employees; planning, monitoring, and appraising job results.

7. Contribute to team effort by accomplishing related results as needed.

8. Comply with federal, state, and local legal requirements by studying existing and new legislation; enforcing adherence to requirements; advising management on needed actions.

9. Maintain employee confidence and protects payroll operations by keeping information confidential.

10. Balance the payroll accounts by resolving payroll discrepancies.

11. Provide payroll information by answering questions and requests.

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

13. Contribute to team effort by accomplishing related results as needed.

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

15. Overseeing the HR Operations like publishing various weekly and monthly manpower reports within TAT and with 100% accuracy, Employee file completion at 100%, HRMS changes and employee queries on HRMS usage

16. Managing internal HR audits and ensuring zero observations.