Opportunity in Payroll Compliances – Nexdigm Corporate Services, Pune

4 - 8 Years
INR 3,50,000 - 4,75,000 PA.
Posted: 7 days agoOpenings: 1Job Applicants: 400+Job Views: 1561+

Job Description

Whats in it for you?
In your role you will get an opportunity to become a Subject Matter Expert in Global Payroll and Compliances. We strongly believe in freedom of operation and that clearly reflects in our modus operandi. Apart from holding the Research function for the Offshore tax team, the expansion mode that we are presently it will provide you with an opportunity to delve into new avenues e.g. exposure to corporate compliances and advisory assignments.

Role specific skill sets:

Nexdigm Corporte Services provides a Single window compliance service to Indian MNCs having overseas branches / subsidiaries.

As an Offshore tax Executive, you will be responsible for developing the Compliance Universe for countries in which our clients operate. The role involves significant technical research.

You will also work closely with SKPs overseas associate firms for last mile connectivity and staying up to date with the changes in legislation and compliance requirements in the respective countries.

This will involve,

Research on Income tax laws of different countries concerning individuals with specific reference to Payroll taxes including:
a. Types of taxes on Salary Income, including federal, state and local taxes, and other levies like Social Security, Employee medical insurance levies or benefits etc.;
b. Concept of salary income and Liability on various types of payments made to employees, like cash salary, allowances, non cash benefits / perquisites, reimbursement of business and other expenses to employees etc.;
c. Types of Tax free payments to employees;
d. Specific conditions in the case of expat / Non resident employees;
e. Whether any kind of exemption is available to short term travelers working on Work permit;
f. Basis of calculating total (yearly) taxes and monthly taxes on salary payments;
g. Basis of charging tax on one time payments like, Initial settlement (relocation) allowance, yearly bonus, leave encashment, awards, overtime or special incentives, etc.
Research on the processes / prevalent practices under the various tax and other laws including compliance requirements under the different federal and state laws

Research on the Client companies in different countries:
a. Preparing Compliance Universe for different countries
b. Preparing detailed process maps / manuals after understanding client circumstances and compliance universe relevant for the Client company

Research on corporate Compliances:
a. Tax and other applicable indirect taxes.
b. Compliance requirements, applicability and schedule
c. Computation of taxes and filing of returns
d. Maintenance of books of accounts and secretarial compliances
Research on Data security requirements in relation to personal data moving out of any country for processing purposes.
Presentation and training to team members on the various aspects of the research done on the legal and process related matters of employment / payroll taxes

To be tailor-fit for the above skill sets, you need to have,

  1. A dynamic personality and a passion to perfection to suit the organizations needs
  2. Should have a very good understanding of Indian / Any other countrys Income Tax Law with specific emphasis on employment taxes and taxation of expatriates, corporate tax, service tax, sales tax and upcoming GST
  3. Should have good knowledge of Employee Taxation and be able to advise on structuring of salary.
  4. Should be able to independently carry out research on aspects/issues arising on Income Tax.
  5. Basic understanding of international tax or cross border transactions
  6. Should have good drafting skills
  7. Should have good communication skills, both oral and written
  8. Good interpersonal skills ability to develop relationships, issue resolution, dealing with escalations
  9. Should be a self starter

Salary: INR 3,50,000 - 4,75,000 PA.

Industry:Strategy / Management Consulting Firms

Functional Area:HR, Recruitment, Administration, IR

Role Category:HR/ Recruitment / IR

Role:Pay Roll/Compensation Manager

Employment Type:Full Time, Permanent


Desired Candidate Profile

Please refer to the Job description above

Company Profile

SKP Business Consulting LLP

Nexdigm (SKP) is a multidisciplinary group that helps global organizations meet the needs of a dynamic business environment. Our focus on problem-solving, supported by our multifunctional expertise enables us to provide customized solutions for our clients. We provide an array of solutions encompassing Business Consulting, Business Services, and Professional Services. Our solutions help businesses navigate challenges across all stages of their life-cycle. Through our direct operations in USA, India, and UAE, we serve a diverse range of clients, spanning multinationals, listed companies, privately owned companies, and family-owned businesses from over 50 countries. Our multidisciplinary teams serve a wide range of industries, with a specific focus on healthcare, food processing, and banking and financial services. Over the last decade, we have built and leveraged capabilities across key global markets to provide transnational support to numerous clients. From inception, our founders have propagated a culture that values professional standards and personalized service. An emphasis on collaboration and ethical conduct drives us to serve our clients with integrity while delivering high quality, innovative results. We act as partners to our clients, and take a proactive stance in understanding their needs and constraints, to provide integrated solutions. Quality at Nexdigm (SKP) is of utmost importance, and we are ISO/ISE 27001 certified for information security and ISO 9001 certified for quality management. We have been recognized over the years by global organizations, like the International Accounting Bulletin and Euro Money Publications. Our team provides you with solutions for tomorrow; we help you think next.
View Contact Details+

Recruiter Name:Osama Shaikh

Contact Company:SKP Business Consulting LLP


Address :VEN Business Centre, Survey No 135/1, PUNE, Maharashtra - 411021,India