AGM Payroll / Payroll Lead

Job Title: AGM Payroll / Payroll Lead

Key Responsibilities:

• Collect and compile payroll inputs.
• Actively interact with branches / units for payroll related issues.
• Upload payroll inputs into SAP.
• Process payroll.
• Post the monthly payroll results into SAP-FI Module.
• Clear payroll related liability & vendor accounts as needed.
• Prepare Statutory Reports such as PF, ESI, PT & Income Tax.
• Advise cheque mode payments to branches / SSC Vizag Plant.
• Send monthly branch reports for statutory & other related payments.
• Advise for statutory and 3rd party payments within the time lines.
• Process off-cycle payments for reimbursements, such as LTA, Marketing Incentive, etc.
• Manage various employee related insurances such as mediclaim, personal accident, term life, deposit linked, and life cover sum assured administration for gratuity and SAF funds.
• High-level knowledge on employee retiral benefits such as 10D Pension, 10C withdrawals, 13R Transfers, Form I & J of Gratuity settlements, SAF Settlements and transfers, annuity and ROC advice.
• Prepare MIS Reports for Budgets, Monthly cost sheets.
• Compile data for Actuarial valuation of Gratuity & Leave Encashment.
• Attend to Audits (statutory and internal).
• Prepare and disburse Full & Final Settlements.
• Collect & compile Income Tax declarations / proofs.
• Compile data for preparing & issuing Form 16.
• Prepare & file Income Tax Quarterly Returns.
• Incentive (EIP & Mktg.) administration and disbursements.
• Trust Accounts (Other than PF) finalization and submission for LEI Renewals.
• SAF Reconciliation and placement of statements in intranet.
• Administration of special schemes, such as Own Your Car Scheme, etc.
• Administer Higher Pension option applications.
• Digital approvals of changes / modifications / deletions / corrections in pension master

Educational Qualification:

• Post-Graduate Degree in HRM / MBA-HRM

Experience:

• 15 - 20 years’ experience with Manufacturing Companies having their payroll on SAP Platform
• Familiarity with local languages (Tamil, Telugu, Hindi & English)

Skills:

• First-class knowledge in SAP-Payroll Processing.
• Knowledge in passing payroll related accounting entries.
• Knowledge in clearing payroll related GLs.
• Excellent MS-Office Skills (Word, Excel & Power Point)

Competencies required:

• Analytical skills, standardize processes and implement best practices.
• Proactive thinking and ability to work with multiple stakeholders.
• Excellent communication skills.
• Go-getter.
• Independent problem-solving skills.
• Cordial Inter-Personal Relations.

Leadership Skills and Experience:

• Well-organized and highly system and process-oriented approach.
• Good business partner with customer orientation.
• Self-starter who can manage a range of competing priorities and projects.
• Ability to withstand high-level work pressure.