Prasanth K
Assistant Manager - Payroll at Plus Point Staffing Contractors- Claim this Profile
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Bio
Experience
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Plus Point Staffing Contractors
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United Arab Emirates
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Outsourcing and Offshoring Consulting
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1 - 100 Employee
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Assistant Manager - Payroll
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Jun 2011 - Present
Accurate and timely processing payroll for all division employees. Processing the monthly payroll through WPS. Preparation of leave salary, gratuity and bonus of employees and Managers. Preparation of final settlement of employees as per the labor laws Calculate wages, overtime, and deductions to ensure compliance with company guidelines/ procedures. Prepare account analysis, accounting entries and financial reports and statements to ensure payroll information is accurately and properly reflected in the company financial accounting system in a timely manner. Entry and follow up of employee’s loans, additions, deductions and unpaid leaves. Ensure all newly recruited employees payroll is timely and accurately posted and Processed in payroll system in accordance with company policy and procedures. Recording personnel costs in the financial ledgers on monthly basis. Develop and maintain an appropriate and systematic filing system for payroll records. Co- operating with internal and external for audit. Preparation and maintenance of schedules required for a company’s annual audit. Process and issue employee monthly pay slips, and ensure their distribution to the employees. Preparing accruals for all payroll benefits on annual basis. Maintain strict confidentiality of all payroll related information, releasing information to authorized personnel only. Work as part of a team and assist finance and HR with other related tasks as requested. Show less
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Accountant
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Jul 2008 - Mar 2011
• Preparation and submission of reports for presentation and discussion of the Board i.e. Cash Flow/Sales Forecast,Financial Statements, Variance Analysis, Receivables Aging and the like Individual accounts analysis and balance monitoring - preparation of reconciled schedules. • Monthly bank reconciliation. • Provides assistance to subordinates on peak transaction days. • Daily banking requirements - bank deposits and transfers. • Preparation of monthly payroll. • Petty cash custody and monitoring – replenishment, liquidation. • Formulation and proposal of business portfolio for new business ventures. Show less
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Education
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MG Universtiy
Bachelor’s Degree, Bachelor of Commerce -
KSEB
High School, Commerce