Manager-Finance Payroll

Job Description

About You:

• You are friendly, collaborative, and happily work well with others
• You are passionate about both travel and technology
• Your attention to detail is spectacular
• You are flexible, creative, motivated, and cooperative
• You hold yourself and others accountable to commitments
• You are comfortable with continual change and improvement
• You enjoy working within the fabric of a purpose-built culture and process that respects the individual but values the team

What you need to have: PAYROLL PROCESS

• Maintain payroll information by designing systems; directing the collection, calculation of pay checks, and entering of data
• Utilise payroll software and process payroll for all employees globally.
• Work with the HR teams and ensure seamless process of payroll.
• Update payroll records by reviewing and approving changes in exemptions, insurance coverage, savings deductions, and job titles, and department/ division transfers.
• Pay employees by directing the production and issuance of pay checks or electronic transfers to bank accounts.
• Prepares reports by compiling summaries of earnings, taxes, deductions, leave, etc.
• Prepare payroll tracker model
• Determines payroll liabilities by approving the calculation of employee deductions.
• Provides payroll information by answering questions and requests.
• Maintain payroll guidelines by writing and updating policies and procedures.
• Maintain employee confidence and protects payroll operations by keeping information confidential.
• Communicate with employees and solve employee queries, if any.
• Account salary costs and employee related expenses in the books of account.
• Prepare and maintain function-wise and GEO wise salary costs.
• Ensure compliance with relevant laws and internal policies.
• Maintain accurate payroll records and prepare reports.
• Verify payroll with employee CTC letters and budgets.
• Collaborate with the bankers for payroll process.
• Verify salary increment files.
• Verify tax declarations and investment proofs.
• Responsible for providing tax forms to employees globally.
• Process employee salary advance.

II EMPLOYEE EXPENSE CLAIMS

• Process, track and account employee travel claims to all employees globally.
• Verify all expenses reports with the travel policy.
• Approve travel advance for domestic and international travel.
• Account employee travel costs in the books of account.
• Solve queries to employees on travel expenses.
• Prepare and maintain function-wise and GEO wise employee expenses reports.

III CONSULTANTS

• Track consultants contracts and pay consultants as per the agreement.
• Collaborate with overseas consultants for processing pay-outs to international employees in certain locations.
• Ensure compliances like taxations for such pay-outs to consultants.

IV SALES COMMISSION AND VARIABLE PAY-OUTS

• Collaborate with HR, Sales leaders and prepare and verify sales commission for Sales team as per the sales variable compensation.
• Collaborate with HR and verify variable pay compensation
• Responsible for preparing and processing variable payments and sales compensation and accounting of the same.

V SPECIAL PROJECTS

• Liaise with auditors and manage payroll tax audits.
• Play a key role in ERP migration project.
• Play a key role in payroll software migration project.
• Play a key role in financial audits.
• Support in preparation of accounting reports from time to time.

VI TREASURY MANAGEMENT

• Monitoring and managing the organisations bank relationships and liquidity management
• Daily cash management
• Debt facilities management
• Managing foreign currency exposure and foreign currency payments
• Cash forecasting on a monthly, quarterly, and annual basis.
• Interest rate risk management and development of risk mitigation strategies.
• Forecasting of medium and long- term funding and hedging requirements (if applicable)
• Analysing various scenarios and risks and reporting to senior management

Skill Set:

• Managing Processes, People Management, Data Entry Management, working knowledge in excel, Reporting Skills, Compensation and Wage Structure, Benefits Administration, Worker Compensation, Employment Law, Taxation Law, Financial Skills and Accounting

Qualification:

• B.COM/MBA (Finance)

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Keyskills :
environmental impact assessmentpeople managementrisk mitigationtreasury managementdata entrysales commissionsenior managementcustomer serviceemployment lawliquidity managementcash managementspecial projectsbenefits administrationforeign curre