Sr. Analyst- HR Payroll, Mumbai

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region.   SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network.  We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

Job Responsibilities

1. The role includes understanding the compensation system for both the locally hired employees and the expatriates
2. Creating the file for monthly payroll which will include giving input to the vendor, checking the salary sheets and submitting the accounting vouchers
3. Assisting the confirmation, promotion, transfers, exit formalities etc
4. Assisting in managing the taxation matters related to expatriates and filing of the returns
5. Filing of monthly returns and maintaining registers
6. Assisting in introduction and drafting of policies related to employee benefits, conducting the research work, policy communication etc.
7. Assisting in the compliances of the organization from HRD encompassing:
   1. Statutory compliances - Filing registrations & returns etc.
   2. Compliance related to PF. Handling all the cases related to PF, completion of the required documentation, managing the withdrawal/transfer cases, replying to notifications if any.
   3. Supporting the readiness for Internal audit
8. RBI compliances - Ensuring the Mandatory Leave and Job Rotations at the Branch level. Managing the Leave & Attendance system
9. Working on the employee database & personnel files for all staff for SMBC India.
10. Vendor Management – processing invoices & vendor agreement renewals
11. Creating documentation pertaining to employee life cycle – confirmations, exits, other letters as and when requested by employees from time to time.
12. Support in all the automation pertaining to reporting, payroll and other HR operations activities 

Experience & Qualification Required:

1. – Knowledge : Payroll & operation knowledge is required
2. - Skills : Good command on Excel & English communication
3. – Experience : 3 to 5 years of experience
4. – Qualification : Graduate in commerce. MBA would be add on benefits