Indrajeet Singh Yadav

About Indrajeet Singh Yadav

Strategic and results-driven IR and Payroll Professional with over 10+ years of experience. Proven ability to manage complex IR scenarios, lead teams, ensure zero non-compliance, and contribute significantly to organizational goals in fast-paced manufacturing environments. KEY ACHIEVEMENTS - • Spearheaded the end-to-end implementation of a new cloud-based biometric payroll system, leading the installation of hardware and software. This initiative reduced manual payroll processing effort by 40%, significantly enhancing accuracy, eliminating ghost attendance, and streamlining the entire wage calculation cycle for of employees. • Led the project to implement a specialized PF Trust software for exempted provident fund management. Successfully automated complex processes including multi-type loan administration, monthly contribution reconciliation, and the generation of member annual statements and statutory balance sheets, ensuring 100% compliance with regulatory norms. • Played a critical role in two successful Long-Term Settlement (LTS) negotiations by managing the dedicated bone portal. Conducted complex data analysis and cost-impact modeling on union demands CODs, providing management with decisive insights into financial implications and salary structure changes to inform strategic negotiation decisions. • Maintained a flawless record of zero statutory non-compliance across all labour legislations (PF, ESI, Bonus, Contract Labour, Factory Act) for over 8 years, successfully facilitating numerous internal and external audits without any major observations. CORE COMPETENCIES- • Industrial Relations: Union Negotiations, Grievance Redressal, Long Term Settlements (LTS), CLM, Discipline Management • Payroll & Compensation: End-to-End Payroll Processing emp), Budgeting & Variance Analysis, Actuarial Valuations (Gratuity, Leave, Bonus), F&F Settlements, PF Trust management, annual balance sheet preparations, NAPS/NATS management. • Statutory Compliance: Factories Act, 1948, Payment of Wages Act, MW, VDA (CPI), Bonus, PF, ESI, LWF, PT, ER Contract Labour (R&A) Act, Apprentices Act, ACR etc. • Technical Proficiency & Soft Skills: Advanced computing via & data analytics, MS Excel (VBA, Macros, Complex Formulas, Automation), SAP HCM, Oracle, MIS Reporting, PowerPoint, Stakeholder Management, Problem-Solving, Analytical Thinking, Process Improvement

Experience

1. Sr Officer (Ir)

   Aditya Birla Group

   Aug 2017 — Present · Kolkata, IN

   Payroll, PF Trust & Time Office Management:• Manage the complete payroll cycle for a diverse workforce of employees, including permanent, casual, trainee, and contract labour, ensuring 100% accuracy and timeliness.• Spearheaded the reconciliation and journal posting process for payroll, reducing discrepancies and supporting seamless month-end and year-end financial closing.• Automated key reporting processes using Advanced Excel (VBA/Macros), reducing manual effort in attendance, overtime, and leave management by an estimated 40%.• Conduct actuarial valuations for gratuity and leave encashment liabilities, providing critical data for financial planning-Statutory Compliance & Audit Management:• Achieved and maintained a record of \'0\' non-compliance across all labour legislations (PF, ESI, LWF, Factory Act, CLRA).• Prepared and submitted all statutory returns (ECRs, half-yearly, annual) accurately and on schedule.• Served as the key point of contact for internal and external audits, successfully facilitating reviews by providing comprehensive documentation and resolving queries-Industrial & Community Relations:• Played a key role in maintaining peaceful industrial relations, contributing to zero man-days lost due to IR issues over 8 years.• Managed union relations effectively, participating in meetings and negotiations to align stakeholder interests with business objectives.• Fostered positive relationships with local community leaders and government officials, enhancing the corporate image of the unit.• Prepare MIS, CHRO, IR Dashboard, Manpower dashboards-Budgeting & Cost Control / Impact Analysis:• Assisted the HOD in preparing the P&B, tracking wage cost variances against budget, and analysing trends to control costs.• Performed detailed cost-impact analysis for Long Term Settlements and workload agreements, informing strategic decision-making.

Education

• AITC CAREER INSTITUTE PRIVATE LIMITED

  Diploma in Financial Accounting

• Bundelkhand University

  B.Sc.

• State Labour Institute, Government of West Bengal

  PGD HRD & Labour Welfare