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Fresenius Medical Care

Payroll Specialist

Bengaluru, KAPosted Yesterday
Full-timeonsite

Job Description

  • Qualification: MBA or Postgraduate with degree in Human Resource.
  • Top Skills & Proficiencies:
  • Experience in handling end to end Payroll.
  • Knowledge of statutory compliances relating to Payroll like PF/ ESI/ PT/ LWF, and TDS is required.
  • Having experience of processing payroll of more than 1000 employees.
  • Good command over Microsoft Office Suite including advance excel.
  • Ability to architect strategy along with technical and analytical skills.
  • Excellent active listening, coordination, and presentation skills
  • Ability to adapt to changing payroll regulations and implement necessary updates
  • Work experience in Global setup is good to have
  • Excellent skill in Excel and MIS reporting
  • Payroll Administration:
  • Oversee & monitoring the Employee attendance systems, biometric data, and leave records.
  • Preparation of end-to-end payroll, processing the consolidated inputs, attendance of employees, salary calculations, deductions, and benefits administration.
  • Compile monthly attendance and leave records for accurate payroll processing.
  • Ensuring the correct and accurate timely salary disbursal.
  • Preparing payroll reports, including income tax returns and provident fund filling, ESIC.
  • Conducting regular payroll audits and ensuring compliance with Indian labour laws, tax regulations and statutory requirements.
  • Maintaining accurate employee records, including attendance, leaves, and personal information.
  • Prepare, monitor, and distribute monthly expense sheets for the concerned employee units.
  • Maintain meticulous records of statutory compliance.
  • Ensure that compensation practices are following current legislation
  • Statutory Compliance:
  • Generate monthly ESIC and PF challans and ensure timely payments & remittance.
  • Possess in-depth knowledge of payroll compliance regulations, including PF, ESIC, Professional Tax, and LWF, as well as statutory returns for Gratuity, Maternity, and Bonus act.
  • Address and resolve employees' daily queries related to PF and ESIC.
  • Responsible for ensuring all the necessary Statutory compliance are adhered too.
  • Salary Management:
  • Manage employee salary records, encompassing advance salary, leave, TDS, and other relevant components.
  • Conduct thorough salary cost analysis.
  • Issuance of Form16 to the EEs – annual basis

Supporting the Internal Audit team for the accurate and smooth Annual & Qtrly Audits.

Payroll Specialist at Fresenius Medical Care | Renata