Lokesh Kumar Sharma

About Lokesh Kumar Sharma

Result-oriented Payroll Specialist, with experience across end-to-end Payroll processing functions from hire to retire. Strong in data validation, reconciliation, and analysis, with thorough knowledge of Tax and Statutory around payroll. Ability to handle payroll-related tax and statutory (PF, PT, ESIC, and LWF) compliances. Track record of effectively handling employee queries and issues. Hands-on experience in working on Payroll software. History of successfully implementing two payroll software and ESS. Strong communication and interpersonal skills, with an analytical bent of mind and problem-solving capability. Some of my areas of expertise and specialization include: •Perform proper payroll accounting, address payroll-related entries and ensure accuracy for payroll transactions, benefits, and accruals •Collect, calculate, and enter data to maintain and update payroll information. •Prepare reports by compiling summaries of earnings, taxes, deductions, leave, disability, and non- taxable wages •Resolve payroll discrepancies & monthly reconciliations of GLs related to Payroll to have balance accounting financials •Prepare audit schedules and assist/coordinate audit of accounting statements/reports and work with any inquiries by auditors for areas of responsibility pertaining to Payroll •Handle payroll operations by following policies and procedures, and maintain payroll information by collecting, calculating, and entering data •Work on HRMS and implement HRMS as required •Update payroll records by entering changes in exemptions, insurance coverage, savings deductions, job title, and department/division transfers •Keep process documentation up to date with the latest amendments on Payroll. •Provide payroll information by answering questions and requests, maintains employee confidence, and protect payroll •operations by keeping information confidential •Ensure accuracy of new joining details, revised salary slab, and process all salary and incentive payments within TAT •Calculate Incentive payment and Bonus. Prepare MIS for approval from management. Calculate and process appraisal •Adhere to all compliances while ensuring timely submissions for all states (PF/ESI/PT/LWF/ Shop Act/returns etc) •Manage Income Tax, review POI, and submit returns •Posted business transactions, processed invoices, and verified financial data for use in maintaining accounts payable records •Maintained meticulous records of outstanding payables •Assisted in the GST reconciliation

Experience

1. Senior Audit and Compliance Specialist

   Rightpoint India

   Jan 2023 — Present · Jaipur, IN

Education

• B.R.Memoriyal se. sec. school

  10+2, Business/Commerce, General

  2009 — 2011

• Biyani College Of Science And Management (Co-Ed),Kalwar

  Bachelor’s Degree, Business Administration and Management, General

  2011 — 2014