HR Payroll Executive
RANDSTAD INDIA PVT LTD

SALARY
: 350000 - 500000 P.A
LOCATION
: Bangalore, Karnataka
VACANCIES
: 1
QUALIFICATION
: Graduate
APPLICABLE
: Experienced
EXPERIENCE
: 3 Years - 6 Years
WEBSITE
: https://www.randstad.in/job-seeker/career-hub/
 

JOB DETAILS              
> POSITION SUMMARY Summaries the key purpose of the role. It aims at capturing "why the role exists" rather than "what the role does" To help in handling of the entire Payroll process for the Company. Payroll processing, Employee Data Management. Under supervision, processes functions relating to payroll to include payroll processing, Payroll Management Systems and Statutory reporting in an accurate and timely manner. Trains employees and managers in the use of Payroll Management Systems. > JOB RESPONSIBILITIES This should capture main responsibility areas of the role to attain the key deliverables. Main areas in which this job must get results in order to achieve its purpose (What the job holder is personally responsible for and what the end result is required from it) 1 Performs all phases of the payroll processing cycle to include tax deposits, quarterly tax returns, and master payroll balancing and required Statutory reporting in an accurate and timely manner. Implements forms and processes to streamline payroll function. Processing Monthly Salary, New Joinees details, Payroll related reimbursements etc. Compilation, checking and reconciliation of Payroll inputs & outputs and related accounts. Handling Full & Final Settlement of the employees.Preparation PF advice, TDS Advice, ESI Advice, SAF advice, LWF advice, PTAX advice & so on. Handling Payroll queries of employees and helping them plan for their tax saving and investments, assisting in PF Transfer and Withdrawals. Preparing Monthly Reports pertaining to Payroll: Reporting of Head count & Pay cost for executive & Above Monthly flash report Monthly MIS report Sales HR Report Board Pack Report SA quarterly report Unit HR reports Preparing Salary Fitments for Hub hires. Managing TPA (for permanent employees Residential Purpose) Ensuring Group Mediclaim Insurance (Coverage, issue of Health cards and claims settlement) as per policy Ensuring Group Term Life Insurance (Coverage and Nomination) as per policy. Ensuring Group Personal Accident Insurance (Coverage and Nomination) Ensuring Parental Mediclaim Insurance Policy as per requirement of employees. Main areas in which this job must get results in order to achieve its purpose > KEY INTERACTIONS (Internal - within the Organization but outside your department/function, External - outside the Organization) necessary as part of the job to perform the role successfully and effectively. Position/agencies you interact with Details of interactions with a focus on end result Frequency of Interaction Internal Employees, HR Managers, Finance Handling Payroll related transactions, queries etc. Fitments, New Joinee Inputs, Accounts Reconciliation, Internal Audit. Regular External Payroll Service Provider, Tax Consultants, Statutory Authorities, Auditors Insurance Service Providers Monthly Payroll Management, Compliances, Form 16 etc. Regular > DECISION MAKING (Specify the type of decisions made independently and with or without company procedures, policies or guidelines) Type of Decision Details Operational Technical Financial Administrative > JOB REQUIREMENTS Summarise the required level. Complete as if you were recruiting to fill this position - what aspects of background or knowledge a successful job applicant would have? This may differ from the job holder's own qualifications and experience. Parameter Special Requirements Understanding on All Payroll related Laws, Regulations etc.

COMPANY DETAILS              
Randstad India is a wholly owned subsidiary of Randstad Holding nv, a € 23.3 billion global provider of HR services. With a legacy of over 25 years in the Indian market, Randstad is today one of the leading players in the Indian recruitment ecosystem. We believe in combining our passion for people with smart investments in intelligent technology to help organizations and talent realise their true potential. Employing over 800 specialist recruiters across our 20 office locations, Randstad India provides a full range of solutions including temporary and permanent staffing, outsourcing and other workforce solutions in the areas of engineering, finance and accounting, human resources, IT, manufacturing and logistics, and sales and marketing.