Mumbai, Maharashtra, India
Not disclosed
On-site
Full Time
The role requires expertise in TDS, tax calculations, labor laws, and payroll regulations to ensure smooth payroll execution and adherence to compliance requirements. Responsibilities: Payroll Management Accurately process monthly payroll in compliance with company policies and statutory guidelines. Validate salary structures, deductions, incentives, reimbursements, and ensure accurate disbursement. Address and resolve payroll-related queries, including those related to salary, deductions, and taxation. Coordinate with finance and HR for payroll cost analysis and budgeting. Taxation & TDS Compliance Calculate TDS on salaries as per Income Tax provisions and ensure timely deposits. Prepare and file TDS returns (Form 24Q, Form 16, Form 16A) quarterly and annually. Stay abreast of changes in tax laws, exemptions (HRA, LTA, 80C), and ensure smooth investment declaration processes. Provide guidance to employees on income tax planning and declaration submissions. Statutory Compliance & Audit Ensure end-to-end compliance with applicable labor laws including PF, ESI, Gratuity, Bonus Act, Shops & Establishments Act, and Minimum Wages. Handle various internal and external audits, including labor law, statutory, and ISO audits. Maintain accurate payroll and compliance records; generate audit-ready reports for management and authorities. Address management audits including salary returns and PF factors. Employee Benefits & Compliance Administration Oversee leave management, LTA process and policies awareness, and its financial settlement. Accurately process full & final settlements, gratuity, incentives, and variable pay. Manage exceptional cases such as employee death benefits, retirement processing, and post-retirement consultancy extensions. Handle ESIC returns and all associated types, including Form 7A for PT, ESIC, and LWF assessments. Compliance Leadership Determine whether compliance activities are executed internally or through external consultants. Act as a proactive compliance integrator rather than a passive coordinator, ensuring alignment with organizational and legal standards. Manage and review the Annual Increment Process ensuring consistency and compliance with internal compensation frameworks. Requirements: Technical & Functional Skills Proficient in payroll software such as SAP, Oracle, ADP, or equivalent systems. Advanced Excel skills, including pivot tables, formulas, and payroll data analysis. In-depth knowledge of TDS, payroll taxation, labor law compliance, and statutory filings. Familiarity with ISO audit frameworks and documentation standards. Core Competencies Analytical Thinking : Ability to identify discrepancies, ensure accuracy, and mitigate compliance risks. Communication : Strong interpersonal skills to explain complex taxation and compliance matters clearly to employees and stakeholders. Problem Solving : Quick resolution of payroll disputes and statutory challenges. Ownership : Demonstrates accountability in handling audits, compliance issues, and regulatory liaison. Show more Show less
Mumbai, Maharashtra, India
Not disclosed
On-site
Full Time
The ideal candidate will have experience leading a team and managing the daily operation of the business. They will be responsible for maintaining the standard of work from employees as well as onboarding and hiring new team members. Responsibilities Ensure process and systems are put in place to create the annual Financial plan with inputs from Market place, other departments & GMPL directors and the same is rolled out to address the financial needs of the organization and provide clarity to stake holders in terms of budget available for their respective departments and conditions for its entitlement. Put systems and Process in place to ensure all stakeholders ensure that they are with in budgets and contingency plans are rolled out for those who fall short of their budget targets. Put systems and process for Financial controls across GMPL that arrests misappropriations of funds, fraud, loss of revenue, non-conformance costs, Losses and commitments or promises that can hurt GMPL’s wellbeing. Process and systems are put in place to track, record and report income, expenditure, Investments, Taxes, Penalties, losses Profits etc. Ensure Process & Systems are in place to invoice services rendered by GMPL along with required taxes as per laid down norms or Contract clauses and the same is delivered to customer. Maintain great relationship with all GMPL Bankers, Investors, and VCs to get needed funding and best available deals for GMPL. Ensure process and systems are in place for all legal compliance and needed compliance audits and reviews are carried out to ensure that GMPL is 100% complaint and there are no surprises Ensure systems and process are in place to safe guard GMPL Assets, IT Systems and Bank accounts and overall GMPL reputation. Benchmark within the industry and outside the industry to bring in Best practices into GMPL to deliver world class services to internal & external Customers Qualifications Qualified Chartered Accountant Understanding of advanced accounting, accounting standards, foreign remittance, international accounting, consolidation and taxations. Leadership skills, with steadfast resolve and personal integrity Show more Show less
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