Assistant Vice President - Accounting Lead - Payroll Operations

10 - 15 years

25 - 30 Lacs

Posted:2 weeks ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Position Purpose
Position Objective:

Responsible for managing HR Accounting, related Audits, other payroll operations assigned and Statutory Compliances in accordance with internal guidelines and external regulatory framework.

Responsibilities

Direct Responsibilities
Roles and responsibilities:
  • Payroll Operations & Benefits:
  • Ensure all payroll and other HR related accounting entries are correctly passed
  • Ensure timely and accurate Full & Final Settlements
  • Ensure timely and accurate processing of Actuarial valuation inputs for Leave Encashment, Deferred Bonuses, etc
  • Closely liaise with C&B/Finance Leads of entities, HR Business Partners and HRSS on accounting and other payroll related matters
  • Checker for all statutory payments to be done within the timelines
  • Attend to internal and external audits and provide all the required information in a timely manner
  • Liaise with IT for transaction processing
  • Adhere to the monthly accounting controls framework and provide the information to Finance
  • Review aged, abnormal and irregular accounting balances on regular basis and ensure clearing entries are posted on a timely basis
  • Prepare MIS related to HR accounting
  • Represent the Company before Statutory Authorities, if required.
    • Employee Interaction:
    • Interact with Employees on assigned Payroll Operations related matters
    • Interact with Finance / Auditors for any queries/information required
      • Team Management:
      • Guide and set objectives for the subordinates
      • Strengthen maker-checker controls
      • Review performance

        Contributing Responsibilities
        • Service Provider Liaison:
        • Ensure appropriate information flow to and from with service providers.
        • Monitor accuracy and quality provided by putting in place appropriate controls, provide inputs on improvisation of service
        • Process Service Provider invoices and ensure accuracy in payments.
          • Transformation :
          • Actively contribute to process review and simplification/automation projects for process transformation
          • Actively contribute to HR tools transformation

            Technical & Behavioral Competencies
            • Expert knowledge on HR accounting
            • Knowledge on payroll related statutory taxation and related matters
            • Accounting skills
            • Advanced Excel and other MS Office skills
            • SAP/Atlas II knowledge (required)

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