Senior Executive / Assistant Manager - Compensation & Benefits

• Creation of master record database for all employees.
• Monthly updation of salary variables i.e. Base salary, allowances, leaves without pay etc.

     Monthly Payroll processing :

• Checking Payroll register
• Payroll reconciliation statement (Audit trail) to reflect any changes from previous month payroll.
• Income tax deduction at source report checking
• Bank statement for salary transfer-monthly net salary credit advice checking
• Professional tax report (Location wise) checking
• Year to date payroll register  and reimbursement Register
• F & F calculation process
• Responsibilities of input for payroll processing & disbursement to vender.
• Checking of summary sheet containing all earnings and deductions/ Cheque advice /Give India reports
• Preparation of Bonus & PLI (Provision & Actual).

Provident Fund (PF):

• Checking of monthly contribution statements cost centre wise received from vender
• Remittance of PF contribution to Government Treasury
• Submission of documents relating to PF transfer , withdrawal cases & Declaration and Nomination Form
• Validating & approve records for getting PF transfer online for employees applying PF transfer from previous companies

Professional Tax (PT):

• Checking PT contribution/return for employee & employer and responsible for timely submission of dues

Employee State Insurance (ESI):

• Checking ESIC contribution/return w.r.t Sub codes and responsible for timely submission of dues.

Labour Welfare Fund (LWF):

• Checking LWF contribution/return w.r.t Subcodes and responsible for timely submission of dues

Audits & Partner Management:

• Awareness of Audit mechanism & frameworks to endure compliance
• Engagement with Partners & stakeholders in a shared services model 

Other Statutory Compliances:

• Timely renewal of S&E Certificates
• Timely Renewal of Trade Licenses
• Submission of Monthly/Qtly/Annual returns under S&E/PT/LWF/ESI/POSH etc.
• Employment Exchange Return
• Maternity Benefit
• Workmen Compensation return
• Equal Remuneration Act