The Payroll services associate will oversee the IIBSL
payroll function and ensure the payroll process is carried out timely, without
errors and in compliance with the statutory regulations.
The incumbent will have the following responsibilities:
- Maintains and reviews payroll processing
systems to ensure accurate and timely processing of the payroll
transactions including salaries, benefits, reimbursements, taxes and other
statutory or non-statutory deductions.
- Keep track and process the
new hires, termination, changes in pay cycles and pay rates
- Maintain a record of all
payroll related transaction
- Ensure compliance of central
and state related labour and wage laws
- Facilitate any
internal/external audit that happens as part of the regular payroll
process review
- Coordinate with external
vendors for processing the payroll
- Manage benefits and retirals
administration – Medical insurance, ESIC, PF
Requirements
Education and Experience:
- Bachelor’s degree, preferably in Human
resources
- 3-5 years of relevant experience
Skills & Abilities:
- Extensive knowledge of payroll function
& basic compensation structures including pay heads, taxes, and other
deductions
- Adept in handling employee
queries regarding payroll
- Proficient with Microsoft
Excel
- Excellent attention to detail
Skills Required
- Bachelor's degree
- Bachelor's degree preferably in Human Resources
- 3-5 years of relevant payroll experience
- Extensive knowledge of payroll functions, compensation structures, pay heads, taxes, and deductions
- Ability to handle employee payroll queries
- Proficiency with Microsoft Excel
- Excellent attention to detail
What We Do
ITC is one of India's foremost private sector companies with a Gross Revenue of ₹ 69,446 crores and Net Profit of ₹ 20,422 crores (as on 31.03.2024). ITC has a diversified presence in FMCG, Hotels, Packaging, Paperboards & Specialty Papers and Agri-Business. ITC's aspiration to be an exemplar in sustainability practices is manifest in its status as the only company in the world, of its size and diversity, to be carbon, water and solid waste recycling positive. In addition, ITC's businesses and value chains create sustainable livelihoods for more than 6 million people, a majority of whom represent the poorest in rural India
