Senior Analyst - Payroll

Overview

Manage and process payroll for employees, ensuring accurate and timely compensation while maintaining compliance with tax regulations, company policies and confidentiality standards.

What you'll do

• End to end payroll processing, preferably with experience handling in-house payroll activities.
• Schedule monthly payroll and statutory activities.
• Coordinate inputs with Opco, including monthly attendance, and prepare input in Excel to share with the payroll vendor for salary processing.
• Process full and final settlements: final tax working, unclaimed leave balance, notice period shortfall and gratuity calculation.
• Check vendor output reports, including salary register, tax register, CTC master, bank file and journal entries.
• Calculate salary taxes, including chapter 6A deductions, section 10 working and perquisite calculation.
• Ensure statutory calculations and compliance with payout and return due dates.
• Handle complete Provident Fund compliances and queries.
• Coordinate with HR SPOC on payroll processing, investments and employee taxes.
• Coordinate with consultants on statutory challan and return filing.
• Work with annual reports, including managerial remuneration and statutory bonus working.
• Understand leave and gratuity actuarial valuation and related accounting entries.
• File Form 24 (e-TDS quarterly) returns, file revised returns, and understand the process to generate Form 16.
• Apply knowledge of the new wage code.
• Manage employee queries on a daily basis.
• Handle statutory, tax and government audits and all payroll-related reconciliations.

What you'll need

• 7 to 12 years of India in-house payroll experience.
• Experience of India payroll accounting.
• Well versed in advanced Excel.
• Good communication skills.
• Good in Microsoft Office, especially Excel, Word, Visio and PowerPoint.
• Excellent presentation skills.
• Ability to work efficiently and independently and handle pressure.
• Capable of multitasking, quick at delegation and decision making.
• Dynamic, with an eye for detail, and able to work well under deadlines in a changing environment.
• Collaborative and a great teammate.
• Innovative in adopting technology change for smoother operations.

Details

• Job location: Vikhroli, Mumbai.
• Hybrid, with teams in the office around four days a week.