Location
Navi Mumbai | India
Job description
Job Description:
- Payroll input collection/preparation/compilation for payroll processing.
- Preparation of bank payment advice notes for salary transfer and payment.
- Payroll Reconciliation.
- Monthly SAF payment data is to be finalized, and payment is to be released by the last day of the month.
- Accounting of payroll-related JV's (main salary JV / LTA Provision / SAF Provision/Employer contribution/bonus provision) cost center-wise & O&M site-wise.
- Preparation & update of loan register for Wartsila Finland reporting by the CFO.
- Preparation of monthly payroll-related schedules for monthly reporting & audit (expense + liability accounting).
- Once payroll is closed & accounting is done – confirmation activity is to be completed in SAP (run book)
- Resolution of employee queries pertaining to payroll.
- Preparation of statutory dues statement (PT/TDS/PF/ESIC), their reconciliation with salary register and payment.
- LTA registers preparation on Jan & keeps track of monthly payment of employees' LTA payment every month.
- Provision of LTA, SAF, bonus, leave salary & gratuity.
- Leave provision data quarterly to be finalized and sent to the actuary for valuation.
- Preparation of reports regarding statutory dues for audit.
- Preparation of quarterly data for ETDS returns, reconciliation with monthly salary register and ETDS return filling.
- Statement of PT liability to be sent to state-wise / location-wise for payment.
- General ledger clearing in SAP (liability vs payment).
- Final settlement data to be compiled for ETDS working every month to push in the payroll system.
- Payroll audit (internal/statutory audit- both) handling.
- Preparation of full & final advice notes.
- Accounting of full & final JV's & payment and submission of advice notes to hr.
- Handling queries regarding F&F settlement.
- Investment proposal to be collected for tax exemption/calculation on the website.
- Resolve queries of employees regarding tax deduction.
- Coordination between employees & payroll processor for finalizing the taxable income/tax liability.
- Finalise data regarding issuing form 16 (income tax certificate)
- Checking of form 16 (income tax certificate).
- Release form 16 (income tax certificate) on the website to all the employees.
- Left employees form 16 to be sent via mail or hard copies to be sent to their postal address.
Professional attributes: -
- Experience in process standardization and continuous service improvement.
- Extensive working knowledge of E2E payroll processing & accounting.
- Awareness of key employee relations requirements in a complex multi-business and multi-cultural environment.
- A caring, empathetic, and personable approach to dealing with others
- ‘Can do attitude’ when working under pressure.
- High attention to detail.
- Hands-on approach to dealing with issues, confident in acting quickly when needed.
- Multi-tasker, comfortable juggling multiple projects and maintaining momentum.
- High integrity, with an aptitude for building trustful, effective, and collaborative relationships at all levels across.
- Excellent influencing, negotiation, written and verbal communication skills.
- A proactive, development-minded, and goal-focused attitude to work.
Minimum Requirements for this position:
- B.Com; M.com will be an added advantage.
- SAP working knowledge.
- Strong communication skills.
- Able to work under pressure & commit to several projects/assignments’ deadlines.
- Proven years of experience (7-13 years)
- Countries responsible for India / Sri Lanka with a total headcount of 625+
Job tags
Salary
