GLOBAL SUBFAMILY RESPONSIBILITIES
***Other Duties as assigned***
- Manage the execution of payroll and related reimbursements for all AIE & AGSI employees.
- Execute any organizational and/or regulatory changes related to area of Payroll.
- Analyzes, audits, reconciles and resolves payroll processing and employee payroll issues to ensure smooth payroll processing
- Ensures payroll reporting and payments are compliant with company policy, generally accepted accounting principles, and relevant government regulations
- Supports Amway's response to auditing and regulatory inquiries
- Work with internal and external systems support providers to achieve solutions or administrator company payroll system ("in-house" or vendor provided system)
LOCAL JOB RESPONSIBILITIES
***Other Duties As assigned***
Primary Responsibilities
- Processing salary and payroll reimbursement for all AIE & AGSI employees.
- Liaise with payroll and compliance vendors to ensure a smooth-running process and timely disbursal of salaries.
- Liaise with HRC on all payroll related queries resolution (Including queries on income tax, flexible benefit plan and salary etc.)
- Ensure all new payroll policies and processes are effectively communicated to the employees via HRC
- Responsible for processing Full & Final settlement of all exited employees within TAT.
- Ensure complete compliance related to Provident Fund, Gratuity, Labour welfare Fund, Professional Tax, ESIC, TDS etc.
- Prepare monthly accounting entry of payroll payments and accruals and provide to GBS team.
- Processing of Performance Incentive and Long-Term Incentive on yearly basis.
- Verify the retiral documents and coordinate with the consultant to process all retiral claims in the timelines.
- Accountable for year-end activities involving Income tax proof collections, Issue of Form 16.
- Ensure timely valuation of Leave encashment and Gratuity as per prevailing statutory rules.
- Reconcile Payroll related GL accounts and prepare the audit schedules on monthly basis.
- Handle Internal and External Audits (including Trust Audit) for Payroll process and system.
- Maintain confidentiality of payroll data.
CAREER LEVEL
REQUIRED KNOWLEDGE, SKILLS, ABILITIES AND/OR RELATED EXPERIENCE
* or equivalent experience gained from any combination of formal education, on-the-job training, and/or work and life experience
Education
Degree Field
Related Experience (years)
Certification(s) / License(s)
Graduate / MBA
4-6 years relevant experience
Required skills and competencies
- Good knowledge in Payroll Processing
- Good knowledge in Employee Taxation.
- Sound knowledge on processing of Employee Retirals.
- Good knowledge in Audit Handling.
- Good interpersonal skills
- Attention to detail.
- Good communication skills
- Expect to be highly trustworthy and able to maintain confidentiality
