Job Description

:Job PurposeResponsible for timely & correctly processing of salary for all three plant, Regional office, Marketing, Birla Carbon Mumbai HQ and R&D Taloja Team and its payment; Calculation of TDS to be deducted from Salary of all Employee including verification of proofs submitted by employees; Employee related payment/ Loan/ Advance/ Travelling Bill etc. of all three plant except Corporate, RO & Marketing; Responsible for checking of payment vouchers and other activities related to General ledger accounting.Job Context & Major ChallengesJob Context:
The combined production capacity of the 3 units is 3,46,000 MT p.a. with a combined Sales Turnover of Rs.2,502 Crs. Finance and Commercial function for all the three units is centralised at Regional office situated at Gummidipoondi. All activities related to Finance, Accounting & Commercial including Internal and External Financial Reporting are carried out at Regional office.Job Challenges:
Coordination with all unit HR teams for accurate processing of salary, deductions for loans & advances and its payment after matching with Poornata and SAP system.Accurate computation of TDS to be deducted from salary of all the employees including comparison with tax calculations by Poornata.Verification of investment and other documents submitted by employees for claiming tax exemptions.Checking of all payment vouchers for payments made to vendors and employees of all units and offices.Key Result Areas KRA (Accountabilities) (Max 1325 Characters) Supporting Actions (Max 1325 Characters)
KRA1 Salary Processing & Payment Providing list of deductions from salary for Loans & Advances and other deductions to unit HR team.

• Review of payroll received from unit HR teams for accuracy of salary and deductions.
• Validation of tax deductions in Poornata with manual calculations.
• Uploading of salary for all employees in bank for electronic payment.

KRA2 Posting of Salary and other payroll related expenses in SAP Posting of salary and other payroll related expenses e.g. PF, LTA, Medical etc. in SAP.
KRA3 Employee Income Tax Computation Manual computation of Income tax deduction from salary based on data maintained in Excel.

• Calculation of perquisites for various employee benefits and uploading in Poornata
• Verification of employee declaration with documents for investments and other deductions claimed by employees.
• Preparation of quarterly returns for TDS on salary.

KRA4 General ledger Accounting Booking of prepaid expenses on monthly basis

• Preparation of monthly provision sheet based on inputs from unit teams.
• Posting of JVs in SAP
• Booking of Employee travel claims for employees of all units excluding Corporate and Regional offices.
• Checking of payment vouchers for vendor payments
• Tracking of employee benefits including employee loans, Car, Furniture etc.
• Reconciliation of payroll related GLs with Poornata
• Preparation of various statements for statutory and tax audit

Aditya Birla Group