Please help me what exactly the job profile of payrolling. What are the HR Concepts the candidate must necessarily know as a payroll executive.
From India, Bhimavaram
2From India, Bhimavaram
Hi Valli,
Following are Payroll executive Job Responsibilities:--
Preparation of Employee monthly attendance Statements (Monitoring the Attendance, leave records, late coming etc.)
Preparation of salaries statements submission to F&A and coordination for disbursal of salaries in time.
Preparation of payslips
Manage special situations like maternity or sickness pay
Calculation and payment of termination payments (resignation/retirement/redundancy).
Ensuring receipt of all supporting documents with related to Full & Final Settlement and preparation of the same.
Payment and reconciliation of bonus payments. Calculation, payment and reconciliation of payroll tax and group tax.
Administration, calculation, payment and reconciliation of all superannuation contributions.
Preparation and reconciliation of monthly General Ledger wages journals.
Preparation and reconciliation of payment summaries.
Ensure prompt maintenance of staff records at all times including archiving and filing.
Liaise with HR staff appointments, terminations, remuneration, conditions of service and other relevant matters.
Workers compensation co-ordination i.e. process, monitor and file all claims and prepare payments.
Regards,
Narayan
From India, Hyderabad
Following are Payroll executive Job Responsibilities:--
Preparation of Employee monthly attendance Statements (Monitoring the Attendance, leave records, late coming etc.)
Preparation of salaries statements submission to F&A and coordination for disbursal of salaries in time.
Preparation of payslips
Manage special situations like maternity or sickness pay
Calculation and payment of termination payments (resignation/retirement/redundancy).
Ensuring receipt of all supporting documents with related to Full & Final Settlement and preparation of the same.
Payment and reconciliation of bonus payments. Calculation, payment and reconciliation of payroll tax and group tax.
Administration, calculation, payment and reconciliation of all superannuation contributions.
Preparation and reconciliation of monthly General Ledger wages journals.
Preparation and reconciliation of payment summaries.
Ensure prompt maintenance of staff records at all times including archiving and filing.
Liaise with HR staff appointments, terminations, remuneration, conditions of service and other relevant matters.
Workers compensation co-ordination i.e. process, monitor and file all claims and prepare payments.
Regards,
Narayan
From India, Hyderabad
Dear Vallisri,
Narayan have given complete description . You may need to work in the HR module to the ERP used in the firm. Such as if the firm is using SAP or Oracle, you may need to extract the employee data for salary .
Attendance will have its own software such as Pumpkin.
You will receive a preliminary training to work on these software. Its not complicated to work on them, but requires concentration. The scope of human error remains very high in them. Try and read about them to get view, to how do they work.
From India, Mumbai
Narayan have given complete description . You may need to work in the HR module to the ERP used in the firm. Such as if the firm is using SAP or Oracle, you may need to extract the employee data for salary .
Attendance will have its own software such as Pumpkin.
You will receive a preliminary training to work on these software. Its not complicated to work on them, but requires concentration. The scope of human error remains very high in them. Try and read about them to get view, to how do they work.
From India, Mumbai
Hi Valli,
As a payroll executive, you need to be more concentrate on below details.
1. Maintain employee MIS / HRIS ( Employee code, Employee Name, Address, Contact Number, Date of Joining, Date of Confirmation, Monthly Packeage, Yearly Package, PAN Number, Date of Birth)
2. Maintain data in software or by Excel
3. Maintain attendance records of all employee (Paid Leave, Unpaid Leave, Sick Leave, Maternity Leave)
4. Maintain salary file of employees including all break ups
5. Maintain individual tax calculation file for all employees.
6. Calculate salary by employees present days and working days.
7. Calculate amounts of deductions like PF, ESIC, Professional Tax, TDS or nay other deduction
8. Verify amount with present days and total working days of the company.
9. Ensure receipt of all supporting documents related to Full & Final Settlement.
10.Payment and reconciliation of bonus payments.
11.Administration, calculation, payment and reconciliation of all superannuation contributions like Retirement benefit, PF, ESIC & Other.
12.Preparation and reconciliation of payment summaries.
13. Generate Salary slips.
14. Prepare audit file of salary
Kind Regards,
Poonam Patel
From India, Ahmedabad
As a payroll executive, you need to be more concentrate on below details.
1. Maintain employee MIS / HRIS ( Employee code, Employee Name, Address, Contact Number, Date of Joining, Date of Confirmation, Monthly Packeage, Yearly Package, PAN Number, Date of Birth)
2. Maintain data in software or by Excel
3. Maintain attendance records of all employee (Paid Leave, Unpaid Leave, Sick Leave, Maternity Leave)
4. Maintain salary file of employees including all break ups
5. Maintain individual tax calculation file for all employees.
6. Calculate salary by employees present days and working days.
7. Calculate amounts of deductions like PF, ESIC, Professional Tax, TDS or nay other deduction
8. Verify amount with present days and total working days of the company.
9. Ensure receipt of all supporting documents related to Full & Final Settlement.
10.Payment and reconciliation of bonus payments.
11.Administration, calculation, payment and reconciliation of all superannuation contributions like Retirement benefit, PF, ESIC & Other.
12.Preparation and reconciliation of payment summaries.
13. Generate Salary slips.
14. Prepare audit file of salary
Kind Regards,
Poonam Patel
From India, Ahmedabad
Here is the similar thread for Payroll job responsibilities, have a look-
https://www.citehr.com/76846-payroll...anagement.html
From India, Lucknow
https://www.citehr.com/76846-payroll...anagement.html
From India, Lucknow
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