Hiring // Payroll Associate // Chennai
- Enoah Isolution
- 1 - 3 years
- Chennai
- 14 days ago
- Email to a friend
- Report this job
Job Description
Role & responsibilities
Payroll Input Collation
1.Gathering accurate employee data includes personal details, bank account information, tax declarations, attendance records, and reimbursement claims.
2. Payroll Processing
Payroll processing involves calculating employees' earnings, applying statutory deductions (Provident Fund, Professional Tax, and Tax Deducted at Source), and calculating net pay.
3. Payroll Reports
Generating detailed payroll reports including information on gross pay, deductions, net pay, and statutory contributions.
4. F&F Input Collation
For Full & Final (F&F) settlements, collect data on pending leaves, outstanding loans, bonuses, and other dues.
5. F&F Processing
Calculate the final settlement amount by considering all dues and deductions. This includes unpaid salary, leave encashment, bonuses, and any recoveries. Ensure compliance with company policies and legal requirements.
6. F&F Slip Generation
Generate a detailed Full & Final settlement slip for the employee, outlining all payments and deductions. This document serves as a record of the settlement and should be provided to the employee.
7. Reimbursement Bills Validation
Validate reimbursement claims by ensuring they are supported by original receipts and comply with company policies and ensures accurate financial records.
8. Investment Proof Validation
Ensure that the investments are eligible under Section 80C and other relevant sections of the Income Tax Act.
9. Attendance & Time Office Management
Implement a reliable time and attendance system to track employee working hours, leaves. This data is crucial for accurate payroll processing and compliance with labor laws
10. Statutory Compliance Updates
Stay informed about changes in labor laws and tax regulations. Regularly update payroll systems and processes to ensure compliance with the latest legal requirements.
11. Statutory Compliance Report
Prepare and submit statutory compliance reports, including details of Provident Fund, ESI, Professional Tax, and Tax Deducted at Source contributions. Timely submission helps avoid penalties and legal issues.
12. Employee Insurance
Ensure timely renewals and communicate coverage details to employees.
13. NATS / Contract Payroll
For contract employees, process payroll separately, considering factors like contract duration, agreed-upon rates, and applicable deductions
Interested candidates kindly share your profile to mp******a@en***********n.com or call to 7824021***
Regrads
Pavithra Manoharan
Lead - HR
Job Classification
Industry: IT Services & ConsultingFunctional Area / Department: Finance & AccountingRole Category: Payroll & TransactionsRole: Payroll ExecutiveEmployement Type: Full timeContact Details:
Company: Enoah IsolutionLocation(s): Chennai
Keyskills: Payroll Processing Statutory Compliance Attendance Management Leave Management
Similar positions
Enoah Isolution
Noah is a reputed global industry leader offering cutting-edge BPO and IT solutions worldwide. We provide best-in-class support services to Fortune 500 companies in the Integrated Health, Insurance, Manufacturing, and Automotive domains.
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in