Assistant Manager Payroll - Mumbai - Goregaon

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