Assistant Manager - Payroll

Role & Responsibilities:

• Leave and Attendance Management
• Generate monthly leave and attendance reports. Reconcile the same with employees and line managers before payroll processing. Resolve queries related to attendance or leave promptly.
• Salary Processing
• Prepare and send payroll inputs to the outsourced vendor. Ensure error-free and timely disbursement of salaries. Handle bank statements, coordination for sign-offs, and use HRIS for payroll management. Must be proficient in Excel.
• Reimbursement Processing
• Process monthly reimbursements (part of CTC components) within defined timelines as per company norms.
• Bonus Payout
• Make statutory bonus provisions and ensure timely and accurate bonus disbursements in compliance with applicable regulations.
• MIS Reporting
• Maintain and update monthly HR MIS reports in the required formats.
• Full & Final Settlements
• Prepare and process full & final settlements within the defined turnaround time.
• Audit Support (Payroll & Attendance)
• Provide accurate inputs during internal/external audits. Implement audit recommendations to improve systems and compliance.
• Annual Appraisal / Mid-Term Corrections
• Assist in data preparation for annual appraisals and issue revised letters post-review. Handle mid-year salary corrections and issue corresponding letters.
• Salary Reconciliation with Trial Balance
• Conduct quarterly reconciliation of salary data with the finance team's trial balance.
• Actuarial Data
• Provide leave and attendance data to the accounts team for actuarial valuation purposes.
• HR Budgeting
• Assist in the collation and consolidation of the annual HR budget and keep it regularly updated.