Finance, Payroll Accounts Lead

MediaRadar

  • Pune, Maharashtra
  • Permanent
  • Full-time
  • 23 days ago
  • Apply easily
Job Title: Payroll and Accounts Management SpecialistJob Overview: We are seeking a highly organized and detail-oriented individual to join our team as a Payroll and Accounts Management Specialist. You will be responsible for managing payroll process utilizing the ADP platform and overseeing various aspects of accounts management. This role requires a keen understanding of payroll regulations, statutory compliances, strong analytical skills, the ability to maintain accurate financial records and handle employee queries.The role and responsibilities are detailed out as below:New Hires:· Induction session to explain the payroll cycle, Statutory accounts, Bank account registration· Updating the Bank details (Name, AC number, IFSC) in ADP· Registering new employees in EPFO portal· Registering ESIC for all eligible employees in ESIC portal· Taking session of the ESIC eligible employees to explain the benefits and sending them their ESIC cards· Updating the Salary structure in ADP if any flexi benefit option selected· If opted for NPS, registering them on the related Portal (If fresh registration) or sending the transfer docs and coordinating (If existing)· Co-ordinating with the bank in case of any issues in NPS account registration· If opted for Sodexo, Registering the employees on the Sodexo portal.Payroll (PF, ESIC, Sodexo contributions on portal):· Checking the Attendance of the employees and following up for regularizing the same· Clearing the Finance tasks for the exit employees· Finishing the F&F calculations before payroll.· Preparing the YTD sheets for Salary, PF, TDS, ESIC, NPS· Entering the Exit dates on PF and ESIC portal· Upload the PF and ESIC contributions on the respective portals for payments after Payroll finalization· Filing the International Workers return on EPFO portal· Addition or deletion of data in LWF portal· Upload the Sodexo contributions on the Sodexo portal· Preparing the Leave balance after payroll for each employee· Releasing the Salary slips in ADP as well as on mail· Clearing the doubts of the employees related to payroll, Salary slips, taxes, OT/HW· Guiding the employees related to PF withdrawal, KYC updation, ESIC E-card detailsTaxation:· Helping the employees regarding the investment declarations, tax calculations, Proof submission· Preparing the FUV files and filing the TDS return for every quarter· Approving the Proofs submitted by employees under various sections for proper tax calculations· Preparing the Final Tax sheet for review and approval before the year end payroll· Updating and uploading the Form-16 and sharing with the employees· Guiding the employees in case of any queries related to taxations and Form-16ADP System Management:· Utilize the ADP platform to its full potential for payroll processing and reporting.· Collaborate with IT and People & ADP Team to optimize ADP functionality and troubleshoot issues.· Provide training and support to employees on the ADP self-service portal.· Updating the PAN, Bank details, UAN, ESIC details for new joiners· Preparing Various reports like, Time attendance, Payroll reports, various YTD reports from ADP· Calculating Gratuity, Excess leaves used, PL encashment in ADP during payroll.· Updating the Perks given to employees (Amazon gift cards) in ADP· Updating the Salary structure in ADP as per Flexi options, Adding VPF for employees if opted.· Implementing the changes whenever required in ADP, i.e tax regimes, Bonus details, Salary details.RequirementsQualifications:· Bachelor’s degree in accounting, Finance, or related field.· 8-12 years' work experience of handling Payroll, Accounts, Audit, Taxation. Proven experience in payroll processing, using the ADP platform.· Strong understanding of payroll regulations and compliance.· Excellent attention to detail and accuracy in financial record-keeping.· Proficient in Microsoft Excel and other relevant accounting software.· Exceptional organizational and time management skills.· Effective communication and interpersonal skills.Additional Requirements:· Certified Payroll Professional (CPP) designation is a plus.· Familiarity with HRIS systems and integration with ADP will be helpful.· Knowledge of accounting principles and practices.· Ability to work independently and collaboratively within a team.· Commitment to maintaining confidentiality and handling sensitive information.BenefitsMedical InsuranceUdemy Access

MediaRadar

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