SKILLS AND COMPETENCIES

<ul>
<li>Attention to detail and accuracy</li>
</ul>

<ul>
<li>Solid financial acumen and strong mathematical skills</li>
</ul>

<ul>
<li>Ability to maintain privacy and confidentiality</li>
</ul>

<ul>
<li>Proficiency in payroll processing and accounting in SAP</li>
</ul>

<ul>
<li>Strong planning, organizing and time management skills</li>
</ul>

<ul>
<li>High proficiency in MS Excel &amp; PowerPoint</li>
</ul>

<ul>
<li>Strong knowledge of payroll related compliances</li>
</ul>

Payroll

<ul>
<li>Define process maps, procedures, action plans and accountability of the processes/sub-processes related to payroll, compliances</li>
</ul>

<ul>
<li>Full administration of payroll activities including accounting of all payments, Preparation of monthly fund flow statement, various schedules &amp; GL scrutiny.</li>
</ul>

<ul>
<li>Verification of payroll/FFS register of multiple group entities and execute payouts</li>
</ul>

<ul>
<li>JV posting after releasing salary/full &amp; final settlement payment</li>
</ul>

<ul>
<li>Monthly provision management on account of Incentives, performance pay, expenses</li>
</ul>

<ul>
<li>Execute statutory payments and 3rd party payments related to payroll</li>
</ul>

<ul>
<li>Advance Gratuity to be claimed from HDFC life after GL reconciliation</li>
</ul>

<ul>
<li>Submission of Superannuation, Term life, EDLI claims and facilitate for timely settlement</li>
</ul>

<ul>
<li>Preparation of monthly loan/advances/salary payable/claims schedules including Bank Reconciliation.</li>
</ul>

<ul>
<li>Maintenance of various records like salary registers, paid chalan copies of all legal dues, sharing necessary information with payroll partners.</li>
</ul>

<ul>
<li>Prepare and present monthly reconciliation (budgeted v/s actuals Cost centre wise)</li>
</ul>

<ul>
<li>Plan &amp; conduct monthly governance meeting with payroll service provider and respective Piramal entity SPOCs</li>
</ul>

Actuarial Valuation

<ul>
<li>Quarterly valuation of retrial benefits for which correct data &amp; other relevant information to be provided to Actuary.</li>
</ul>

<ul>
<li>After receiving Actuarial valuation reports details analysis to be done &amp; submit to corporate finance for approval. After go ahead from Corporate finance entries to be passed by reversingearlier ones.</li>
</ul>

<ul>
<li>IND19 schedules to be prepared.</li>
</ul>

<ul>
<li>MR/KMP /Disclosers to be prepared &amp; submit to auditors on quarterly basis</li>
</ul>

Audits

<ul>
<li>Preparation of audit schedules Like Variance data, PP movement, Preparation of MR/KMP Report , Disclosers to director reports, 17( 1 ) &amp; 17 (2 ), 17(3) 217(2a) data</li>
</ul>

<ul>
<li>Preparation of audit input data for legal dues under prescribed format</li>
</ul>

<ul>
<li>Sharing relevant data with the statutory auditors in respect of SA &amp; Gratuity Trust</li>
</ul>

<ul>
<li>Head-wise reconciliation of certain GLs with payroll summary</li>
</ul>

<ul>
<li>Resolution of audit queries</li>
</ul>

<ul>
<li>Passing of rectification entries where ever required</li>
</ul>

<ul>
<li>Submission of Valuation data / Draft reports / Signed reports with necessary supporting to auditors, Finance team, Headcount reports</li>
</ul>

Periodic returns

<ul>
<li>Sharing necessary data to payroll partner for filling of monthly returns</li>
</ul>

<ul>
<li>Ensuring timely filling of ETDS returns on quarterly / Yearly basis</li>
</ul>

<ul>
<li>Plan and manage Investment declaration and proof submission process</li>
</ul>

<ul>
<li>Validation of form 16 &amp; final issuance of form 16</li>
</ul>

<ul>
<li>Filing of bonus returns and Preparation of set of set on reports in relation of Bonus</li>
</ul>

Responsibilities

<ul>
<li>Qualifications</li>
</ul>

<ul>
<li>Master in Commerce or Finance</li>
</ul>

<ul>
<li>10-12 years relevant experience in Payroll operations and accounting</li>
</ul>

<ul>
<li>Team management experience for minimum of 3 years.</li>
</ul>

<ul>
<li>Attention to detail and accuracy</li>
</ul>

<ul>
<li>Solid financial acumen and strong mathematical skills</li>
</ul>

<ul>
<li>Ability to maintain privacy and confidentiality</li>
</ul>

<ul>
<li>Proficiency in payroll processing and accounting in SAP</li>
</ul>

<ul>
<li>Strong planning, organizing and time management skills</li>
</ul>

<ul>
<li>High proficiency in MS Excel &amp; PowerPoint</li>
</ul>

<ul>
<li>Strong knowledge of payroll related compliances</li>
</ul>

Senior Payroll Manager in Mumbai (UID-10676)

Job Description

Job Details

Skills Required for Senior Payroll Manager

Job Description for Senior Payroll Manager

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