Manager-Payroll & Statutory

Job Purpose:

Payroll is to take care of all activities of payroll pertaining to loan advances, salary budget approvals and preparing bank statements and co-ordination for internal & external audits.

Major Accountabilities:

• Updating previous month discrepancies/security deposits/ TDS/Labor welfare fund/food deduction/fines/miscellaneous to be entered in the Pay Pac and import attendance and process the salary.
• Preparing & Forward of BIO Loan (Staff Advance).
• Generate reports like- Salary register/ pay slip/ bank transfer statement/cheque statement/PF statement/challans/PT/Corporation bank statement/ Canara bank statement/BIO loan statement/LIC statement/ security deposit statement, etc.
• Coordinating with internal and external auditors for annual statutory auditing
• Preparing salary of part time/off the role employees and sending the same to the accounts department with all necessary documents for cheque preparation/ cash payment and disbursement.
• Full & Final settlement within 3 days from the date of resignation
• Prepare and sending MIS & SAP reports to the concerned.
• Estimate the HR costing department and month wise presenting approval.
• Preparing the list of those who have completed 5 years and include Rs.50/- as management contribution towards the LIC.
• Medical claim/ health insurance policy- sending every month in/out status-annual eligibility list to be prepared-negotiating with the concerned.
• Preparing Security, Contract Employees and Handyman salaries
• Employee interaction
• Attending employee payroll clarifications
• Prepare/generate reports as per the management requirement.
• Trouble shooting errors in software and managing Payroll section
• Answering and addressing employee queries without any issues being raised again
• Managing responsibilities of payroll department effectively
• Taking additional responsibilities in the absence of attendance team.

KEY RESULTS AREA’S (KRA’s)

• Prepare accurate salary report & disburse the same within time frame.
• Timely providing employee’s data for GMI & GPAI endorsement every month.
• Maintain manpower analysis report every month.
• Timely processing of employees full & final settlement.
• Timely provide MIS reports to corporate & accounts department.