Role and Responsibilities
- Management and supervision of payroll & benefits compliance (No processing activity as its outsourced)
- Stay connected between HR Ops, centralized payroll and local payroll support to enable them to function seamlessly and to ensure overall execution is effective and timely
- Develop and evaluate opportunity areas to optimize existing processes and make overall employee experience valuable
- Stay up to date on regulations and changes, work through communication and possible impact on workforce at large at TI
- Quick turn-around along with constant connect with vendors, consultant to stay up to speed on updates
- Manage Travel & Entertainment compliance travel insurance, forex card, corporate card, etc. (No processing activity as its outsourced)
- Timely compliance with statutory matters (PF, TDS, Professional Tax, etc.) and support to statutory audit
- Ensuring that all policies and procedures are implemented and well documented, performing
- occasional internal reviews, and identifying compliance problems that call for formal attention
- Prepare executive updates and provide strategic recommendations to leaders in India and Asia
- Management of Gratuity Trust
- Support in timely compliances [timely investments, monthly contributions, filing of returns
- etc.,]
- Support in preparation of the financial accounts Gratuity Trust and statutory audit of trust
- Prepare executive updates and provide strategic recommendations to leaders in India and US
- Support in actuarial valuation Gratuity, interacting with the actuaries and TI global
- counterparts
- Manage third party vendors assisting TI Gratuity plan
- Stay up to date on regulations and portfolio management environment
- Liaison with other companies / consultants on regular basis
Qualifications:
- Qualified Chartered Accountant
- 0 2 years work experience [preferably from Big 4 firm or MNC]
- Basic knowledge of equity & bond markets passionate about investments in general
- Intermediate knowledge of accounting and taxation is expected
- Good MS Excel and MS PowerPoint skills. Knowledge of SAP will be a plus
- Interested in becoming a subject matter expert
Skills:
- Good analytical, communication and interpersonal skills
- Solid attention to details & ability to multitask
- Ability to influence employee engagement and satisfaction
- Develop risk management strategies to avoid non-compliance
- Strategic Thinker. Must be able to successfully interface with senior management (country or
- regions) on a frequent and consistent basis
- Ability to build genuine and sustainable professional relationships
- Lead cross functional and cross geographical special projects
Additional Notes
This role will report into the Tax Function.
CTC Range
11L