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Payroll Executive

2.00 to 7.00 Years   Mumbai City   10 Jul, 2023
SEA AND BEYOND
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryShipping
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

Job Description

    Greetings from Sea & Beyond!!We are Hiring for our client leading in Shipping IndustryProfile for the position of Payroll Executive Location : MumbaiRoles &Responsibilities:
    • In charge of the accounting/claim queries activities of shore staff and seastaff as applicable.
    • Coordinating with the vendor on the bi-monthly invoice process.
    • Preparing invoices process for all vendors.
    • Preparing the monthly vessel manning fees invoices.
    • Complying to the payment calendar for the utilities and statutory payments.
    • Deducting the withholding Tax (TDS) as per the income Tax rules and preparing withholding tax returns and tax certificates.
    • Verifying the payment documents/invoices with the payment register for all vendors and releasing the payment for further processing.
    • In charge of the accounting and payroll activities of sea staff as applicable.
    • Organizing the accruals and provisions on a monthly basis for the monthly reporting of wages.
    • Processing payroll of the ships on a daily basis, verifying the final settlement account of the crew signing off.
    • Arranging for remittances for all sign off crew.
    • Addressing the queries of the vessel w.r.t. to the payroll.
    • Closely monitor the deductibles from crews wages as per statute and also as per management instructions.
    • Attending emails from vessels / agents / crews, etc.
    • Comply the Home allotment of the seafarers and verifying the entries in the payment register for further processing.
    • Maintain salary record, Home allotments, Statutory payments and other applicable payments for all fleet vessels.
    Key performance Indicators:
    • Vendor Management
    • Seafarers Account related documentation & records
    • Office staff account related documentation & records
    If interested applications can be shared at hidden_email

Keyskills :
accountingpayrollpayroll accountingsalary structuresinvoice processingtdsstatutory compliancevessel accountingcrew

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