Payroll input collection/preparation/compilation for payroll processing.
Preparation of bank payment advice notes for salary transfer and payment.
Payroll Reconciliation.
Monthly SAF payment data is to be finalized and payment is to be released by the last day of the month.
Accounting of payrollrelated JVs (main salary JV / LTA Provision / SAF Provision/Employer contribution/bonus
provision) cost centerwise & O&M sitewise.
Preparation & updation of loan register for Wartsila Finland reporting by CFO.
Preparation of monthly payrollrelated schedules for monthly reporting & audit (expense liability accounting).
Once payroll is closed & accounting is done confirmation activity is to be completed in SAP (run book)
Resolution of Employee queries pertaining to payroll.
Preparation of statutory dues statement (PT / TDS / PF / ESIC) their reconciliation with salary register and
payment.
LTA register preparation in Jan & keep track of monthly payment of employees LTA payment every month.
Provision of LTA SAF bonus leave salary & gratuity.
Leave provision data quarterly to be finalized and sent to the actuary for valuation.
Preparation of reports regarding statutory dues for audit purposes
Preparation of quarterly data for ETDS returns reconciliation with monthly salary register and ETDS return filling.
Statement of PT liability to be sent to statewise / locationwise for payment.
General ledger clearing in SAP (liability acct. liability vs. Payment).
Final settlement data to be compiled for ETDS working every month to push in the payroll system.
Payroll audit (internal/statutory audit both) handling
Preparation of full & final advice notes
Accounting of full & final JVs & payment and submission of advice notes to hr
Handling queries if any regarding F&F settlement.
Investment proposal to be collected for tax exemption/calculation on web site.
Resolve queries of employees regarding Tax deduction
Coordination between employees & payroll processor for finalizing the taxable income/tax liability.
Finalise data regarding issuing form 16 (income tax certificate)
Checking of form 16 (income tax certificate)
Release form 16 (income tax certificate) on the website to all the employees.
Left employees form 16 to be sent thru mail or hard copies to be despatched to their postal address.
payroll,salary,accounting,income tax