Senior Executive

Narayana Health, one of India's largest and World's most economical healthcare service providers is set to emerge as a global industry model for its ability to reconcile quality, affordability, scale, transparency, credibility and sustainable profitability. From 300 beds hospital in 2001, Narayana Health has grown to a 6900 beds healthcare conglomerate in 2014 with 26 hospitals present in 16 Cities within the country and also has International Presence in Cayman.

NH has been known for its cost- cutting approach and ranked 36th among World's 50 Most Innovative Companies by Fast Companies in 2012. NH has also been a proud recipient of Frost & Sullivan India Healthcare Excellence Awards 2012 in the category Healthcare Service Provider Company of the Year and FICCI Health Care Excellence Award 2012 for Addressing Industry Issues.

Job Purpose:

Responsible for all aspects of the operations and the services of the Human Resources Division including Talent Management & Recruiting, Labor Relations, Employee Relations, Training/Education & Development, Compliance, Benefits, Compensation and Performance Management, HRIS, Office Services, Legal and Governmental compliance, and Budget areas of responsibility.

Job Responsibilities:

• •Job Overview:

The Senior Executive - Payroll and HR Compliance will be responsible for overseeing payroll administration and ensuring adherence to statutory and regulatory compliance in the HR domain. This role will involve managing payroll processes, resolving discrepancies, handling taxation, and ensuring compliance with labor laws, social security contributions, and other relevant regulations.

The role requires a strong understanding of payroll systems, HR compliance regulations, and the ability to work collaboratively across various teams to ensure smooth operations.

• Payroll Administration:

Oversee the end-to-end payroll process, ensuring accuracy, timely disbursement of salaries, bonuses, and other employee benefits. Coordinate with stakeholders to collect and validate payroll inputs, prepare and upload the data into the software, and follow up for payroll input approval. Validate the payroll register to ensure accuracy with zero errors, and coordinate with stakeholders for timely salary distribution.

Ensure proper earnings and deductions, including statutory deductions (e.g., Provident Fund, Professional Tax, ESI, Income Tax and LWF) are applied correctly. Handle payroll-related queries and resolve discrepancies in a timely manner. Prepare and maintain records for employee salaries, incentives, bonuses, and reimbursements.  Compliance and Statutory Reporting:

Ensure full compliance with local labor laws, statutory regulations, and internal policies, including Provident Fund (PF), Employee State Insurance (ESI), and other mandatory deductions. Submit timely and accurate returns and reports to regulatory bodies such as PF, ESI, Income Tax, Labour department and any other applicable government agencies. Monitor and ensure compliance with tax laws and other government regulations related to employee compensation.

• HR Policy and Process Compliance:

Assist in the development and implementation of HR policies and procedures to ensure adherence to legal, regulatory, and organizational requirements. Conduct periodic audits of payroll, HR processes, and employee records to ensure ongoing compliance. Provide guidance to employees and management on HR policies, payroll-related queries, and compliance matters.

• Employee Benefits and Taxation:

Administer employee benefits, including Mediclaim Insurance, Provident Fund, Employees State Insurance, retirement plans, and other welfare schemes in compliance with legal standards. Provide assistance with tax-related matters, including tax planning and filing of returns for employees.  Ensure timely and accurate computation of tax liabilities for employees, including the issuance of Form 16 and other relevant tax documents.

• Record Management and Reporting:

Prepare various payroll-related reports and share them with the concerned stakeholders. Maintain accurate and up-to-date records of employee data, payroll, and compliance documents. Prepare detailed reports on payroll, statutory deductions, and compliance issues for senior management and statutory bodies. Analyze payroll data and provide insights to improve processes, ensure compliance, and enhance employee satisfaction.

• Collaboration and Communication:

Collaborate with finance, accounting, and other departments to ensure seamless payroll processing and compliance. Communicate with government authorities, tax consultants, and auditors as required for payroll and compliance-related matters. Ensure a positive employee experience by effectively addressing and resolving payroll-related concerns.

Candidate Requirements: