Vadodara Job Type: Full Time / Onsite Department: CPA Shift: General Shift Company Profile : SI2 Technologies is a strategic Enterprise Solutions and IT Infrastructure Management service provider company. As a specialist in delivering business transformation through IT, Infrastructure, and Consulting, we partner with our customers to help them drive positive and upscaled outcomes. One of the many ways that we aim to keep providing you with the best possible service is our continued investment in education and the growth of our people. We hire highly skilled professionals and continually train and keep them updated in the latest technologies. We are seeking a highly skilled Payroll Processing Associate to join our dynamic CPA team. This role focuses on Payroll Management, TDS Knowledge and Filing, Statutory Compliance, Arrears and Adjustments, Employee Benefits, Salary Audits, Salary Revision Cycle, ensuring high availability and reliability. The ideal candidate will have strong technical expertise, problem solving skills, and a proactive approach to payroll processing. Payroll Management : Process monthly payroll for employees, ensuring timely and accurate payments. TDS Knowledge and Filing : Have a thorough understanding of TDS (Tax Deducted at Source) working, ensure correct deductions from employee salaries, file TDS returns , and issue Form 16 to employees. Accounting Entries : Ensure correct accounting entries for payroll processing, ensuring that all salary and statutory expenses are correctly recorded in the company’s financial system. Statutory Compliance : Ensure compliance with Indian labor laws, including PF (Provident Fund) , ESI (Employee State Insurance) , Professional Tax , LWF (Labor Welfare Fund) , and other statutory deductions. Timely Payment of Statutory Dues : Ensure that all statutory dues, including TDS , PF , ESIC , PT , LWF , etc., Reconciliation : Perform periodic reconciliation between the salary register and accounting records to ensure accuracy and consistency in payroll data. Process payroll arrears and adjustments in salary, including retroactive salary payments, bonuses, and other one-time payments. Payroll Reports : Generate and maintain payroll reports such as salary slips , tax summaries , reimbursement statements , and other relevant documents. Employee Benefits : Manage employee benefits like gratuity , leave encashment , and other allowances, ensuring proper deductions and contributions. Salary Audit : Coordinate with external or internal auditors for salary audits and ensure the smooth provision of necessary documents and information required for audit processes. Employee Profile Creation : Ensure the creation and accurate entry of employee profiles in the company’s ERP system , maintaining up-to-date and complete records for each employee. B. Com or M. Com (or equivalent qualification). ~3 to 4 years of experience in payroll processing, accounting, or finance, with hands-on experience in TDS , PF , ESIC , Professional Tax , and other statutory compliance tasks. ~ Strong understanding of salary components , the salary revision cycle , and experience with restructuring salary packages . ~ Proficiency in MS Excel and payroll software. ~ Strong attention to detail with the ability to handle confidential employee data. ~ Good communication skills to interact with employees and resolve payroll-related queries. Experience in salary audits , Form 16 issuance, and reconciliation of payroll with accounting records . Prior experience in creating and maintaining employee profiles in ERP systems .
Job Title
Payroll & excel specialist