Payroll Processing Associate SI2 Technologies Pvt Ltd

About SI2 Technologies Pvt Ltd

Job Description

As a Full Time employee at SI2 Technologies in Vadodara, you will be a part of the CPA Department and work in the General Shift. SI2 Technologies is a leading Enterprise Solutions and IT Infrastructure Management service provider, dedicated to driving business transformation through IT, Infrastructure, and Consulting. We prioritize investing in the education and growth of our employees to deliver top-notch services and stay updated with the latest technologies. Your primary responsibilities will include: - Having a comprehensive understanding of TDS (Tax Deducted at Source) working, ensuring accurate deductions from employee salaries, filing TDS returns, and issuing Form 16 to employees. - Demonstrating knowledge of various salary components and the ability to restructure salary packages during the salary revision cycle. - Preparing salary revision letters for employees, ensuring clarity on new salary structures, benefits, and deductions. - Creating and issuing offer letters and appointment letters for new hires, ensuring accuracy in salary details, deductions, and statutory benefits. - Ensuring compliance with Indian labor laws, including PF, ESI, Professional Tax, LWF, and other statutory deductions. - Managing employee benefits such as gratuity, leave encashment, and allowances, ensuring proper deductions and contributions. - Coordinating with auditors for salary audits and providing necessary documents and information for audit processes. - Creating and maintaining accurate employee profiles in the company's ERP system. Qualifications required for this role include: - B.Com or M.Com (or equivalent qualification). - Strong understanding of salary components, the salary revision cycle, and experience with restructuring salary packages. - In-depth knowledge of statutory compliance related to TDS, PF, ESI, LWF, and other statutory deductions. - Strong attention to detail with the ability to handle confidential employee data. Preferred qualifications include prior experience in creating and maintaining employee profiles in ERP systems.,