SAP Payroll- Senior Executive ( Finance and Accounts)
Experience: 8-10 Years
Industry: Manufacturing / Engineering / Automotive
Qualification: M.Com
Location: Aurangabad / Chhatrapati Sambhajinagar.
Designation: Sr. Executive (Finance & Accounts)
Job Description-
M.COM, Experience - 8 to 10 years, should have a knowledge of PF, PT, ESIC, Bonus, Microsoft excel, office, PPT etc. SAP knowledge must. Knowledge of gratuity calculation, leave encasement and full and final working is must.
Detailed Justification/ Job Description:
- Verification of pay elements in SAP, Payroll Area, Sub Area for Prof. Tax and Income tax calculation
- Accuracy of Earnings (Basic, HRA, Allowances) & Deductions (PT, PF, ESIC, NPS, SA)
- Salary Reconciliation – Last vs Current Month, Variations with Remarks
- Timely preparation of Bank File, Approval & Salary JV Posting
- Processing within 7 days of receipt, Gratuity/Leave encashment as per Act
- Preparation, Actuarial Valuation & SAP Entries
- Actuarial valuation on Quarterly basis and accordingly passing the entries in the books. PT, ESIC, PF, TDS on Salaries, MLWB, Quarterly 24Q Filing and timely payment as per due date
- Resolution of payroll related queries
- Bonus payment to left employees
- Collaboration with HR & resolving the issues of Employees
- Error-free, Payroll Data & Continuous Improvements
- Correctness of Form 16, Transfer of unpaid wages/bonus to Govt.
- Supporting cross-functional teams in payroll & compliance.
Pay: ₹50,000.00 - ₹60,000.00 per month
Benefits:
- Health insurance
- Life insurance
- Provident Fund
Work Location: In person
