
Compensation and Benefits Specialist
2 days ago
Job Overview
We are seeking a highly skilled Compensation and Benefits Specialist to join our team.
About the Role
This is an exciting opportunity for a motivated individual to take on a key role in managing compensation and benefits processes, ensuring timely and accurate execution while upholding adherence to applicable regulations.
Main Responsibilities:- Payroll Processing: Ensure the timely and accurate processing of monthly payroll for all employees, adhering to internal guidelines and regulatory requirements.
- Benefits Management: Manage the employee benefits system, including Gratuity and Provident Fund, ensuring compliance with government regulations.
- Loan and Advance Processing: Process loan and advance requests of staff in accordance with EY policies, ensuring timely execution and compliance.
- Exit Formalities: Oversee exit formalities for departing employees, including final settlements and accounting documentation.
- Compliance: Ensure compliance with relevant regulations regarding income tax, SESSI, PESSI, EOBI, and professional tax.
- Reporting: Prepare and submit returns for SESSI, PESSI, and EOBI, ensuring timely compliance with government regulations.
- Provident Funds: Handle the company's Provident Fund, including addition, deletion, profit allocation, loan applications, temporary withdrawals, and permanent withdrawal requests.
- Audit Support: Coordinate with external auditors to facilitate the external audit of Provident Funds.
Requirements:
To be successful in this role, you will need:
- Strong Knowledge: Strong knowledge of compliance regulations related to payroll and employee benefits.
- Educational Background: Bachelor's or Master's degree in finance, accounting, or a related discipline.
- Collaboration and Communication: Ability to work collaboratively with internal teams and external auditors, possessing strong written and verbal communication skills.
About Us
We offer a dynamic and inclusive work environment that fosters growth and development, committed to building a better working world by creating new value for clients, people, society, and the planet.
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