FEV Tutor - Manager - Compensation & Benefits (6-10 yrs)

Job Description:

- The role involves overseeing payroll operations to ensure accuracy and compliance.

- This includes validating payroll data, analyzing cycle statistics for process improvements, and conducting quality assurance on pay-related reports before disbursement.

- Collaborating in pay cycle meetings, supporting payroll processes in India, and maintaining the company's salary structure are integral responsibilities.

- Moreover, tasks include implementing robust payroll processes, managing leave and attendance systems, and computing taxes accurately.

- Supervising statutory payments, conducting compliance audits, resolving payroll queries, and handling year-end bonus payments and final settlements are also crucial duties.

- The ideal candidate should possess 6-10 years of payroll experience, proficiency in payroll software and MS Office, problem-solving abilities, and adaptability to fast-paced environments.

- Strong organizational, leadership, and communication skills are essential for success in this role.

KEY RESPONSIBILITIES.

- Validate assigned payroll queries to ensure payroll data is accurate before payroll processing.

- Monitor payroll cycle statistics to determine process improvements.

- QA of all the pay-related reports before disbursement.

- Participate in pay cycle meetings to identify issues and provide solutions.

- Provide support and participate in payrolls processed by the India team as appropriate Prepare and maintain company salary structure.

- Responsible for implementing a robust payroll process.

- Leave & attendance management system.

- Ensure all inputs for salary are incorporated after validation and checks Tax Computation of staff.

- Correctly Computing components of payroll such as incentives or one-time payments.

- Ensure salary credits are done on the one time.

- Supervision of Statutory payments like PF, ESIC, Prof. Tax, etc.

- Compliance Audit.

- Checking of Variance in payroll and ensuring the correction of the same.

- Payroll reconciliation.

- Deal with payroll queries of employees.

- Responsible for yearly payments of bonus and leave encashment.

- Responsible for full and final settlements, payments of gratuity, etc.

- Responsible for the timely submission of payroll provisions to the accounts department.

SKILL SETS REQUIRED.

- 6-10 years experience with payroll in an integrated environment.

- Familiarity with payroll software/ HRMS and MS Office (especially MS Excel).

- Ability to analyze problems and provide solutions.

- Excellent understanding of multi-location payroll and taxes.

- Ability to work in a high volume fast-paced environment.

- Handle critical situations and pressure.

- Results and action-oriented to achieve quality results in extremely. tight timeframes.

- Must have initiative, be a self-starter, fast learner, and team player.

- Willingness to learn.

- Experience in payroll system is preferred Other Related Information:.

- Organizational and leadership skills.