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Payroll Administrator

5.00 to 6.00 Years   Mumbai City   17 Nov, 2020
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryOil & Gas / Petroleum
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

Job Description

*You can expect a lot from a career at WorleyTogether, our nearly 60,000 people across 60 countries have already achieved many industry firsts. And we ve broken several records along the way.We re excited about the challenges ahead as the energy transition gathers pace. If you ask us, there s never been a more rewarding time to work in the energy, chemical and resources sectors.Whatever your ambition, there s a path for you here. And there s no barrier to your potential career success.Job Location - Airoli, Navi MumbaiJob Type - PermanentJob Title - Payroll AccountantOVERALL RESPONSIBILITIES : To provide a high quality service to individuals (managers and employees) and to contribute to the long term development of the Payroll function ensuring a consistency for high level services for an effective and efficient output of work to meet the demands made of the role, and to assist in all aspects of the work undertaken by the Department.Managing the activities related to Payroll and Social Trusts including Gratuity, Super annuation, Provident fund and other compliance. To design, implement and administer policies and procedures to ensure accurate and timely disbursement to the employees and compliance with statutory obligationsUnderstanding and applying a wide variety of policies, procedures and regulations relating to payroll activities & trusts operations and efficient functioning of systemsWork with Payroll lead & HR for restructuring/support as and when requiredKeep a track of all statutory changes / developments in the area, including taxation and company s statutory obligations and ensure that immediate actions are taken to change or update the company policies and processes accordingly.A. DETAILED RESPONSIBILITIES Support monthly salary reconciliations, variance calculations, TDS calculations, etc.Prepare full and final employee settlement, bonus and variable pay calculations, review investments declaration, Form 16, Tax Returns, etc.Propose & review investment of Trust FundsMaintaining books including: Arranging Funds for Settlement, Preparation of vouchers, Monthly Bank reconciliation, Finalisation of Accounts, Maintaining RBC, Audit of Accounts, Furnishing details for Tax return, etc.Secretarial function: Preparing minutes of meeting of Trustees, Routine correspondence with banks/fund manager etc.Member/Employee Support: Settlements of Members A/c., Issuing Left Members Statement to fund manager, Scrutiny/Maintaining nomination records, Issuing Member Statements yearly, Resolving Members Queries, etc.Rationalisation of Fund activities., * MINIMUM JOB REQUIREMENTS :Education : Graduate, MBA in Finance.Experience : 5-6 years in similar profileIT SKILLS : Knowledge in any Payroll tool, Ms. Office Applications, Accounting Software(Oracle).What we offer youProviding an agile culture and challenging work opportunities results in a positive work environment. Our people enjoy competitive compensation packages and a fun, personal, collaborative and safe working environment. We value equal employment opportunity and are committed to promoting fairness, equality and diversity. Our policy is to conduct background checks for all candidates who accept an offer of employment with us. If you have the passion and talent to keep up, its time to test the limits of what you can become. Find your future with Worley.

Keyskills :
equipment supplyinsuranceprovident fundvariable paybank reconciliationtax returnstaxpayrolldata entryfinancial justificationpayroll processingbackground checkspayroll administrator

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