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Manager Payroll

5.00 to 7.00 Years   Chennai   29 Nov, 2023
Job LocationChennai
EducationNot Mentioned
SalaryNot Disclosed
IndustryAutomobile / Auto Ancillaries
Functional AreaNot Mentioned
EmploymentTypeFull-time

Job Description

    Job RequirementsPosition titleManager PayrollReports toGroup Manager Payroll, Insurance & ReportingJob gradeManagerLocationChennaiJob PurposeThe 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 observationsWork ExperienceEducationPost GraduateExperience 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,

Keyskills :
payroll managementbonusgratuitycommunication skillspresentation skillsanalytical skillsMS Office toolsSAPincome tax laws

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