Compensation and Benefits - Payroll [Asst. Manager / Dy. Manager]

Position Overview

Location: Kia India Pvt., Ltd., Penukonda Mandal, Sri Sathyasai District,

Formally (Anantapur District), Andhra Pradesh

Designation: Asst. Manager / Dy. Manager – Team Member

Reporting To: Head of Section [Compensation and Benefits]

Function: Payroll

Required Mandatory Skill Set:

Experience: Minimum 3-8 Years of experience in end-to-end payroll operations, full & final settlements, and statutory compliance. preferably SAP Knowledge

Qualification: MBA in HR / Finance.

Key Responsibilities

1. Payroll Management

• Maintain and update employee records including personal details, bank information, Aadhaar, PAN, and salary structure in SAP.
• Collect and consolidate payroll inputs such as shift allowances and other variable components from stakeholders.
• Process monthly payroll accurately within defined timelines.
• Validate payroll outputs to ensure correctness and compliance.
• Share payroll reports with leadership for review and obtain necessary approvals.
• Prepare final salary approval documents and coordinate with Finance for disbursement.
• Generate and share bank advice statements with Finance for salary processing.

2. Full & Final Settlement (FnF)

• Maintain and track Full & Final Settlement (FnF) records.
• Ensure issuance of relieving letters on the employee’s last working day.
• Complete FnF settlements within the timeline of the month.
• Handle absconding cases by initiating duty reporting notices or termination communications.
• Coordinate with Finance for timely release of FnF payments.

3. Statutory Compliance

• Ensure timely and accurate statutory contributions and filings as per regulatory requirements.
• Prepare Professional Tax (PT) files and coordinate with Finance for payments.
• Work closely with internal teams to ensure compliance adherence at all intervals.
• Maintaining reports to support audit and compliance requirements, as well as management review.

Key Skills & Competencies

• Strong knowledge of payroll processing and statutory compliance.
• Hands-on experience with SAP payroll or similar ERP systems.
• High attention to detail and accuracy.
• Good communication and stakeholder management skills.
• Ability to handle confidential information with integrity.
• Strong organizational and time management skills.
• Strong in Audit Reporting's

Preferred Qualifications

• MBA in HR / Finance.
• Experience in handling end-to-end payroll for mid to large-sized organizations.
• Familiarity with Indian statutory requirements (PF, ESI, PT, etc.).