Vinothkumar Chenchaiah

Assistant Manager at SEARS IT & MANAGEMENT SERVICES INDIA PRIVATE LIMITED
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Contact Information
us****@****om
(386) 825-5501
Location
Hyderabad, Telangana, India, IN

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Experience

    • India
    • 1 - 100 Employee
    • Assistant Manager
      • Aug 2017 - Present

      Develops and executes vision for future-state processes and systems, including project plans, monitoring and reporting of process improvement initiatives.Transitioned Claw back process from onshore team and handled it successfully. Advises managers and employees with issues regarding payroll and works with other HR team members regarding payroll related issues. Manages relationships with third party vendors for payroll administration (e.g. payroll processing, tax services, employment verification, etc.)Embraces the idea of continuous process improvement.Interacted with Benefits, Human Resources and Various internal departments.Developed resources for accountants to streamline complex tasks, such as tax computations and payroll troubleshooting. Analyzed and reviewed existing practices, recommending and setting up automated imports which significantly decreased errors data entry and processing time.

    • India
    • IT Services and IT Consulting
    • 700 & Above Employee
    • Senior Executive
      • Sep 2011 - Jul 2017

      • Maintaining a repository of all Wipro mandated reporting and documentation, and ensuring that they are prepared and submitted within deadlines.• Ensuring all SLA's are met and adhered to with the strictest focus on quality and integrity of data• Plan and prepare exhaustive training manuals and cross training agendas for all team members to ensure that they are up skilled to match industry standards• Ensure that all direct reportees are maintaining a healthy work-life balance and are enjoying coming to work rather than performing a monotonous task.• Have regular meetings and one-on-one to understand and assist with associate's challenges and needs and guide them appropriately within all feasible means.• Assist the team with production in case of high volumes. Processing Payroll and withholding Taxes on payroll processed.• Develop and maintain reference library on tax related issues, decisions, research, resolutions and company processes and procedures• Validating and updating SUI rate notices and clarifying with the agencies in case of any discrepancies.• Review and Adjust Employee Balances for Taxes, YTD Checks, Earnings, Deductions, Hours in case of company to company transfers.• Working on W2 tax forms for year end and also processing W2 Corrections (W2C) Preparing Quarter-End and Year-End files for tax reconciliation.• Manage, monitor and test the accuracy of all payroll tax updates.• Key member in W-2 process team and all year end close processes related to payroll taxes.• Manage all payroll tax audits by analyzing and reviewing information requests and collaborating in the resolution of audit issues. Prepare any tax disclosures related to payroll tax audits and other external reports.• Year End activities including correct employee records, based on Box01 Error Reports, Tax900 Reports, Annual Reports (915, 916, 918[PR]), ADP Annual Files, W2 Load files.

    • India
    • Outsourcing/Offshoring
    • 1 - 100 Employee
    • Executive
      • Feb 2007 - Sep 2011

      • Verifying the timesheet sent by the clients before Processing Payroll.• Coordinating with clients for payroll discrepancies. Checking for an error or any discrepancies by comparing the received timesheet Vs Calc report (reports generated through Darwin (GreatPlains) - ERP)• Maintaining MIS for payroll• Conducting monthly audits for Health Insurance Bills that are sent from the US. The process involves reconciling the insurance premiums paid to the insurance carrier with the amounts collected from the employee’s employer.• Monthly random quality check done for audits done by others• Preparing Bank Reconciliation Statements for various bank accounts of XcelHr USA.• The bank accounts are scrutinized for details like intercompany transfers and banking charges for which journal entries are also passed in the system.

Education

  • University of Madras
    Master's degree, Accounting and Finance
    2008 - 2010
  • Loyola College
    Bachelor's degree, Business/Commerce, General
    2003 - 2006
  • Government higher secondary school
    10th and 12th, Business/Commerce, General
    1999 - 2003

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