Manager - Compensation & Benefit (5-8 yrs) - Mumbai, India - iimjobs

    iimjobs
    iimjobs Mumbai, India

    3 weeks ago

    Iimjobs background
    Full time
    Description

    Hiring Criteria:

    • Strong HR Operations / Compliance Profile
    Mandatory (Experience 1) - Minimum 5+ YOE in Payroll, Legal complaince & HR Operations roles

    Mandatory (Experience 2) - Must have 2+ YOE Hands-On experience in dealing with Income Tax, Maternity Act, Labour Laws, Group Gratuity Scheme, New Pension Scheme

    Mandatory (Company) - Must have 300+ permanent employees in the current organization

    Mandatory (Education OR Company) - Either MBA from Tier 1 Institutes OR working in a Good / Well Known Company

    Preferred (Company) - Product / Services

    ctc upto 15lpa


    Role & Responsibilities:

    • Processing payroll: This involves calculating employees' pay based on days worked, deductions, taxes and relevant benefits.
    • Maintaining payroll records: A payroll specialist maintains accurate records of all payroll transactions, including employee earnings, taxes and deductions.
    • Tax compliance: A payroll specialist calculates and ensures the ontime payment of all payrollrelated taxes.
    • Benefits administration: A payroll specialist accounts for employee benefits, such as health insurance and retirement plans.
    • Monitoring compliance: A payroll specialist ensures the organization complies with all applicable laws and regulations related to payroll, taxes and benefits.
    • Responding to employee enquiries: A payroll specialist serves as the first point of contact for employees with questions or concerns about their salary, benefits or taxes.
    • Generating reports: They generate reports related to payroll expenses, taxes and other payrollrelated data to help the organization make informed decisions.

    Ideal Candidate:

    • Looking for 5+ years of experience in endtoend Payroll Activities.
    • Managing Payroll processing for Hire to Retire cycle.
    • Should handle at least 300+ permanent employees in the organization.
    • Good exposure in endtoend administration Income Tax, Maternity Act, Labour Laws, Group Gratuity Scheme, New Pension Scheme.
    • Employee Insurance like GPA, GTL & Mediclaim.
    • Quarterly / Annual TDS returns filed and all matters of issuance of Form 16 including signatures.

    Note:
    This is Individual Contributor role and the person would be reporting to HR Director.