POSITION RESPONSIBILITIES / REQUIREMENTS:
Job Responsibilities:
● Collect monthly input from internal stakeholders, including salary changes, new joiner details, separations, transfers, promotions, loans, and employee particulars (bank A/C numbers, PAN numbers, Designation, NAV code & MMA code).
● Generate monthly tax reports (tax computation) and payslips accurately and promptly.
● Restructure salaries for employees who have been promoted or transferred and their salary structures are shared with HR Operations
● Manage all statutory reports and monthly reports to ensure compliance and accurate record-keeping.
● Oversee smooth payroll processing without errors and maintain monthly salary MIS.
● Uphold the confidentiality of employee records and sensitive information.
● Calculate salary revisions (increments, promotions, decrements) and arrears accurately.
● Handle income tax calculations, spot tax issues, and taxes
● Address employee escalations and queries efficiently via email and telephone.
● Collaborate with coordinators for seamless payroll processing.
● Handle statutory and payroll audits effectively.
● Act as a compensation advisor, providing guidance on tax-friendly CTC and tax
consultations.
● Offer tax consultation services to employees across branches at the PAN India level.
Quarterly & Yearly Statutory Compliance Activities
● Prepare employee-wise and PAN/TAN-wise reports and challans.
● File quarterly income tax returns (ETDS) and annual income tax returns (Form-24) along
with yearly salary certificates (Form 16).
Key Result Areas:
● Timely submission of Payroll inputs, statutory documents and payment
● Timely processing of documents and letters
● Timely submission of reports and responding to MIS-related requests
● Employee Support and Queries Handling
● Audit Readiness
Competencies (Skills essential to the role):
● Ability to multi-task and be able to prioritize work
● Ability to deliver by deadline
● Ability to investigate and resolve skills
● Attention to detail