Finance Payroll Executive

Department:   Finance & Accounts

Designation

Executive – F&A (Payroll)

Functional Area

1. Payroll processing & accounting in Tally

2. Payments processing

3. Book keeping.

4. Record keeping.

5. Liaison with bank officials

Number of Openings

1

Objective of the position

Executive is responsible to ensure that employees receive their salaries on time and accurately with correct deduction.  Executive has to handle day to day activities like Payments, Preparing RTGS & NEFT transfers, preparation of statutory details for TDS and Liaison with bank and other statutory departments. He will ensure that all assigned activities are delivered on time with accuracy consistently The payroll executive will work closely with the payroll lead and other stakeholders to error free disbursement of salaries to employees on time and accounting the same in tally.

Job Deliverables

1) Ensure timely disbursement of salaries, Allowance, Variable & Leave encashment as per HR request and accounting the same in Tally ERP .

2) To maintain proper books of accounts on daily, fortnightly, monthly, quarterly and yearly basis and Accounting apportion entries based on the apportionment statements at the time of Monthly accounts closure.

3) Timely preparing of error free and arcuate NEFT/RTGS cheques for fund transfer

4) Ensure accurate and timely processing of full and final settlement of employee accounts

5) Ensure compliance with provision of law on PF, ESIC, Ptax, TDS, GST etc., and to submit timely information to facilitating on time filing of various tax returns

6) Management of Income Tax declarations and submission of investment proofs by employees

7) Monitor and alert Payroll in charge in Accounts for any variance between the budgeted and actual salaries and headcount

8) Provide required support to finance team in closing pay-in-slip and visiting bank to deposit cheques and withdrawal of cash

9) Interaction with the banks and maintaining a good relationship for effective banking

10) Maintain accounting vouchers with all supporting documents systemically and in an organized manner to facilitate audit and inspection by internal or Donor agencies

Reporting To

Dy. Manager – Finance & Accounts (Payroll)

Location/Place of posting

Head Office

Qualification, Knowledge

Qualified Commerce Graduate (B Com).

Good knowledge of Tally, Word & Excel

Good knowledge of payroll process and accounting

Experience in not for profit sector is preferred

Must be able to coordinate with bank officials, PF & Other government agencies

Desired Experience(years)

1-5 Yrs of experience.