Sharad Naik

About Sharad Naik

Master in Payroll Management.

Experience

1. Payroll Manager

   Kent

   Nov 1997 — Present · Mumbai, IN

   Key Result AreasPayroll Management Managing the Payroll Processing function of 400 employees. Involved in computing salaries / other allowances of employees; making reimbursement of Medical, Travel & various other expenses incurred by employees. Designing, implementing and administering payroll policies and procedures to ensure accurate and timely compliance with statutory obligations. Developing and maintaining documentation and controls for all payroll related activities and procedures; serving as the main contact all payroll related issues. Liaising with internal & external resource / vendor associated with HR and Payroll system to meet the growing need & resolving issues affecting payroll process (accuracy / efficiency). Import of Time Cards, General and Fringe Journal in Accpac Financial Package. Accounts & Finance Preparing & maintaining statutory books of accounts viz, journal, ledger, cash book and subsidiaries in compliance with time & accuracy norms. Conducting verification of various books of accounts to detect any possible fraud and ensuring that accounts prepared conform to accounting standards. Looking after sub-contractors / vendors bills accounting, payments and ledgers scrutiny; handling reconciliation of debtor’s & creditor’s outstanding. Processing of creditor transactions for locally sourced services, checking of Creditors invoices Vs Purchase orders issued, passing the same for payment. Taxation / Statutory Compliance Preparing tax plans, filing tax returns and ensuring timely assessment and filing of returns as per the provisions of respective Tax Acts. Compiling the data and arranging the TDS payments, PF and Professional Tax.Notable Accomplishments Pivotal in implementing: • Resource Manager with project job costing.• Payroll Processing integration with Resource Manager. • On line TDS on salaries. • Sage ERP ACCPAC Financial package.

Skills

• Accounts Payable
• Transfer Pricing
• Financial Accounting
• Bank Reconciliation
• Tax Audits
• General Ledger Reconciliation
• Statutory Payment Management
• Bulk Credit on Line Payment
• Accounts Receivable
• Payroll System