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Manager Accounting

Location:
New Delhi, Delhi, India
Posted:
November 27, 2019

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Resume:

SHALINI GOEL

C*-*** Third Floor, Janak Puri, New Delhi-110058, India

Contact No: 91-981*******; Email: adax2p@r.postjobfree.com

Global Payroll & Compensation Management Professional

Offering 20 years of career success in managing employee end to end Payroll and Benefits operations, Payroll transformations, Payroll & Benefits Accounting, Payroll Compliance, compensation and benefit design across various organizations; seeking senior managerial role across above stated role within any industry segment

PROFILE

A qualified bachelor of commerce & a lean Six Sigma Green belt certified professional with Post Graduate Diploma in Payroll and Payroll Compliance Management.

Possessing strong skills across formulating Payroll systems, Payroll implementation, Payroll statements, Payroll accounting, Payroll compliance etc.

Successfully handled Global payroll transformation projects for various Asia pacific countries.

Acquired competencies in ensuring timely compliance with statutory requirements regarding Gratuity, Tax withholding, Provident Fund Trust, ESI to avoid penal provisions.

Proficient in handling payroll accounting responsibilities, taxations, Income tax notices and various Internal and external audits like Tax audit etc. with a renowned multinational organizations.

Strong record of managing Payroll accounts with accompanying statutory responsibilities with total accuracy and reliability.

Demonstrated talent in devising and implementing coherent Payroll strategies whilst improving internal processes and procedures within a demanding environment, project deadlines and budgets.

In-depth knowledge in statutory compliance relating to PF, ESI, Gratuity and TDS.

Demonstrated professional competencies in managing Income Tax & Labour Laws.

Key competency in Personnel Management, Administration and Liaison with banks & external auditors; prolific team leader with proven ability to build and groom teams into cohesive units of performers.

CAREER HIGHLIGHTS

Coca-Cola India Pvt. Ltd.

Initiated implementation of Due Diligence of Payroll operations.

Global Payroll Transformation Project for India, Srilanka, Bangladesh along with other Asian countries.

Setting up of on line payroll payments for India, Srilanka and Bangladesh via citi Direct.

Built a help desk for Bank related queries for employee convenience.

Introduction of Mock IT computation for the associates before feb payroll so as to avoid any surprises in tax withholding due to investment proof submission getting affected in Feb and March Payroll every year.

Proposed usage of online PF slip issuing system for associates for PF Trust.

Introduced Benefits pay out along with rejection remarks so as to reduce numbers of queries afterwards.

Combine Payroll and Benefit cycle for efficiencies.

Successfully got transferred the PF funds of 155 associates from RPFC to PF trust which was pending since 2008.

Made a regular & thorough follow up on the Exemption of Coca-Cola PF trust and finally got the exemption from RPFC and labour Ministry for the Coca-Cola India PF which was pending since 2007.

Efficiently reduced the final settlement period from 1 month to 1 week.

Achieved a TAT of maximum 48 hours for resolving any Payroll and PF related query of associated.

MSD Pharmaceuticals Pvt. Ltd.

Successfully handled ICQ (Internal control Questionnaire) for the year 2006 and 2007.

Successfully coordinated the first internal audit of MSD India and got the best rating for the subsidiary.

Given training to the Field staff upon recruitment and refreshment training time to time relating for Finance function and payroll function across India and got the best faculty rating. (9 and 10 out of 10).

Initiated implementation of Expense Control and Tracking System. (MP&C).

Convinced the Top Management and Design the Best Salary Structure for the employees of MSD India and manage to retain the same even after 6 years of set of subsidiary.

Acknowledged for Implementation and setting up of accounting system (JDE) for newly set up MSD India and Implementation of Fixed assets module of JDE (ERP).

Introduced the concept Online Payroll System.

Recognized for creating PF Trust for MSD India.

Received various Awards & Recognitions Like:

Award of Excellence received in 2006 for Overall exceptional performance and specific initiative in optimizing the scope of services by consultants thereby improving the services and saving in cost.

Award of Excellence received in 2007 for the contribution in augmenting ICQ process and OFAC compliance in internal Audit.

Award of Excellence received in 2009 for the Launch of Provident Fund Trust in MSD and also single handedly ensuring timelines in payroll activity/ processes and disbursement have greatly enhanced efficiency.

Award of Excellence received in 2009 for successfully completed Six Sigma Green belt certification.

Award of Excellence received in 2009 for responsiveness and active participation in getting the internal audit completed with a Good rating.

Above and Beyond Award in Coke for Outstanding performance in March 2016 Payroll despite all the challenges after Global Payroll Services transformation Go Live in Jan 2016 and also other unforeseen circumstances suddenly.

EXPERIENCE RECITAL

Coca-Cola India Pvt. Ltd. Payroll Lead - Asia Pacific Aug’16-June’17

(World’s Top Beverage Co – US MNC)

Coca-Cola India Pvt. Ltd. Payroll Manager- INSWA July’12-July’16

(World’s Top Beverage Co – US MNC)

Coca-Cola India Inc. Payroll Manager- INSWA Sep’10 –June’12

(World’s Top Beverage Co – US MNC)

MSD Pharmaceuticals Pvt. Ltd. Deputy Manager Payroll & Accounts April’07-Sep’10

(World’s 3rd largest Pharma Co.– US MNC)

MSD Pharmaceuticals Pvt. Ltd. Assistant Manager Accounts May’05-Mar’ 07

(World’s 3rd largest Pharma Co.– US MNC)

Advantage Learning Systems India Pvt. Ltd Executive Accounts and Finance May’04-May’05

(Software & Content development Co – US MNC)

Corecess Inc. India Accounts & Admin Manager Jan’01-May’04

(Korean MNC in manufacturing of broad band equipment)

Unitas Pharmaceuticals Pvt. Ltd. Assistant Manager Accounts Apr’98-Dec’00

(Indian Pharma Co)

Arora & Arora Associates Accounts Executives Apr’97-Mar’98

(CA Firm)

KEY DELIVERABLES

Payroll Management Deliverables

Perform Payroll Accounting in SAP system, perform timely review and sign off on all required payroll and tax reconciliations.

Handle the Payroll of 3 legal entities in coke India and also look after payroll for Srilanka and Bangladesh country.

Handle Payroll operations of various other Asia Pac countries like China, Hong Kong, South Korea, Taiwan, Magnolia etc.

Developed & executed best practices & standard operating procedures in processing payroll in compliance with the policies and rules of different countries.

Analyzed manpower cost globally, prepared budget and placed it before the management for approval.

Rolled out competitive employee benefits scheme in consultation with HR team.

Hold credentials for being fully accountable for steering the whole gamut of functions pertaining to payroll management viz. validating flexi form, drafting payroll procedure, tracking entitlement register towards medical, LTA, Fuel, Driver etc., salary structuring for all employees posted abroad, employees coming to India from overseas.

Ensures compliance with applicable national and local regulatory reporting requirements and guidelines

Planning, budgeting, managing fund for employee benefits ; managing statutory regulatory compliance such as Employees Provident Fund (PF) & Miscellaneous Provisions Act, Gratuity Act

Liable for monthly payroll process & payment & final settlement, calculation & payment of Annual Incentive and gratuity.

Actively involve in calculating final settlement dues, TDS, issue of Form16, 16AA & 12BA, deposit Quarterly eTDS & all statutory payments in time, prepare balance sheet Reco schedules, payroll connected schedules, prepare monthly P&L reco, perform all Payroll and PF related work.

Manage matters pertaining to Provident Fund, ESI Scheme, Professional Tax, Income tax and Professional Tax while ensuring adherence to statutory compliances and regulation

Process and pay salaries to all India Management Staff after making proper TDS and other deductions as per Company rules, on time.

Liaison with Employee Benefit Trust Consultants and ensure that all legal requirements are complied with.

Take care of Investments of Trust Fund as per RPFC pattern of investment.

Monitoring return on investments and redemptions to maintain interest rates as per rules.

Doing Preparation of annexure to Annual Report relating to employees (Sec. 217, Key managerial remuneration)

Spearhead efforts across developing, managing and monitoring the performance of multi-skilled work force and ensuring smooth implementation of HR policies for manpower planning, recruitment, selection, induction, orientation and development.

Critically review and analyze current payroll, benefits & tax procedures in order to recommend and implement changes leading to best-practice operations.

Manage all payroll adjustments, deductions and performance appraisals. Send final copy to the payroll section of all branches.

Partner with HR and benefits in aligning & implementing a more sophisticated payroll and benefits system.

Ensure timely resolution of employee grievances and queries related to payroll; also implementing measures for promoting cooperative & harmonious working environment at all levels.

Co- ordinate Audit of PF Trust Accounts.

Review accurate accruals and payment of Sales & annual incentives to employees.

Process of Full and Final settlements of resigned employees including calculation of Gratuity, calculating tax, leave salary, payment of other dues on pro-rata basis.

Streamline the internal process by effecting strict control mechanism translating into financial integrity and greater transparency.

Financial Accounting Deliverables

Managed Company Financial Accounting on ERP Package JD Edwards and SAP.

Significantly contributed in setting up Business Processes and Controls in the newly set up Indian Subsidiary.

Coordinated for Statutory & Tax Audit.

Designed various SOP relating for Finance function like, Accounts payable SOP, Balance sheet reconciliation, Preparation and control of Journal Entry, Address Book, Chart of Accounts etc.

Responsible for Best Salary Structure and Tax Computation for local & Expatriates employees.

Handled Control and Accounting of Fixed Assets, Initiate and approval of CARA and Maintenance of Fixed Assets Register and its physical control.

Responsible for handling and reconciling all bank accounts and interface with Bankers regarding FD’s, Bank Guarantees, FIRC, Board Resolution, Corporate A/c online banking, Salary Account and other related matters.

Taken care of EOS benefits computation and accruals for all departments like Gratuity and Leave encashment and get the actuarial valuation done for the company.

ACADEMIC CREDENTIALS

B.Com (Hons); Jesus Marry College Delhi University 1997

Diploma in Financial Management & Office Management 1996

Post Graduate Diploma in Payroll and Payroll Compliance Management 2014

(National Academy of Indian Payroll Affiliated to UK chartered institute of Payroll)

Certification

Lean Six Sigma Green belt certification completed in Aug 2009 in Payroll Management

Professional Trainings/ Seminars/ Workshop Attended

Vales & Standards and FCPA

Risk Management

Various leadership and functional training programs and seminars.

Seminar attended on Communication Skill by Hero Mind Mine.

Training attended in Malaysia on Global Business Shared Services and financial Practices.

Workshop attended on Business writing skills by Mega Mind.

The 7 Habits of Highly effective People in 2012

Situational Self Leadership Training Program in June 2012

EAG Women’s Leadership Program in Kenya in June 2012

The 5 Choices to extraordinary Productivity.- Franklin Covey

Communicate for Global Impact

PERSONAL DETAILS

Date Of Birth: 1st August, 1976

Language Proficiency: Hindi & English

Reference: Available on request



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