Position: Lead - Compensation & Benefits Industry: Port/Terminal Location: East Wharf, Karachi Education: Masters or Bachelor in Commerce / Business Administration Requirements:
Masters/Bachelors in Business Administration are highly preferred
Knowledge of ERP Payroll Function
Knowledge of laws related to income tax and wages
PF Account Management
Excellent skills in MS Office, ERP, and other related systems
Strong Interpersonal & communication skills
Ability to maintain confidentiality
Teamwork skills & Analytical Skills
Responsibilities:
To prepare and process monthly salary through ERP system.
To ensure the all information related to employees salary are calculated, managed and updated timely in ERP system.
To prepare and process bonus disbursement as and when required.
To update increment data in ERP system.
To ensures the accuracy of pay authorizations and verifying deductions from employee salaries.
Verify, finalize, and process employees benefits.
To prepare monthly income Tax PSID of eligible employees and process income tax challans in the FBR system.
Monitor and report monthly overtime data of all relevant employees.
Working on monthly Machine Allowance data of equipment operators for salary processing.
Prepare and distribute salary slips for all employees.
Collection, verification, and payments of OPD Reimbursement and other claimable expenses.
To coordinate with TMD for mess deduction of entitled employees.
To coordinate for PF accounting and investments in organizations approved by Management in well effective manner and ensure to keep all records are readily available in organized manner.
Ensure the distribution of annual PF statements to all employees.
To coordinate with the bank staff for opening of employee bank account.
To respond to all queries from employees in a timely and helpful manner.
To provide necessary documents required by EOBI to facilitate retirees' pension cases.
To process full & final settlements ensuring accurate calculation and disbursement of dues and benefits within a 15 working days timeframe for departing employees.
To provide necessary data requested by the departments for their working.
To share accruals related to comp and ben elements such as EOBI, SESSI, etc. with accounts department.
Handle government related queries such EOBI, SESSI, etc.
To prepare monthly dashboard.
Take part in Process innovation and automation of HC processes, give suggestions, and attend meetings as and when called.
To perform a complete income tax process and ensure the distribution of annual income tax certificates to all employees.
To ensure the submission of health insurance forms of all employees in insurance company in timely manner.
To conduct the annual renewal process for health and life insurance policies.
All tasks should be performed in an organized way within timelines effectively