Lohit Saravana D

• Streamlined Payroll & ESOP efficiencies, coordinated new hire orientations and provided onboarding and training for new employees.
• Maintained payroll and benefits for employees in various locations, minimizing financial discrepancies through detailed program management.
• Accurately prepared weekly payroll and tracking data.
• Worked with managers to achieve compliance with organizational policies, providing clarifying information and recommending necessary changes.
• Offered payroll-related subject matter expertise to management and employees to resolve payroll discrepancies.
• Led payroll production of [5500] Employees for 4 locations.
• Handled 3 Companies mergers & 2 Comps De-mergers in last 1.3 years experience
• Handle audits and assisted with audit process to facilitate faster completion of tasks like (IFC Audit, Statutory Audit, Internal & External Audit)
• Grip on Gratuity & Leave Encashment Actuarial valuation.
• Managed Integration from [SAP] and implementation of [Excelity].
• Onboarded Financial "Excelity" Application to all Group Companies
• Performed routine closings, maintained clean, accurate and accessible records and kept close eye on transaction updates throughout each quarter.
• Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.

ESOP (Employee Stock Option Plan):

• Administrating & designing SOP
• Handle Grants, Vesting, Cancellation, Selling / Exercise, Deletions, Additions, Buybacks events & User activations & de-activations.
• Letter Issuing, Employee Communications, Query handling, Financial evaluations, On-boarding letters Validations, Etc
• Handled 3 Merger & 2 De-merger Stock Options

Incentive (Variable Payouts / Sales Incentives Programs)

• As per policy ensuring variable payout – collecting data
  from various stakeholders, calculating achievements based
  on target, ensuring mid-cycle payouts.
• Conducting Help desk sessions & supporting on all types payouts queries

Letter of Appreciation from SVP HR/ HR Head : Extra Milestone Award FY 2021-22

• Responsible for managing entire Pan India payroll function head count of over 18000 employees (Handling 4 pay cycles / month)
• Primary responsibilities would involve in planning payroll activities for month and monitor on execution of planned activities
• Co-ordinate with Regional HR team and other stake holders for monthly inputs
• Deft in customer service, managing team with focus on providing timely & accurate deliverables and stake holder’s satisfaction.
• Draft SOP & Payroll Calendar for month (With contract staffing vendor & internal stake holders)
• Co-ordinate with team, for compiling Cost KPI’s/ metrics & MIS report to management.
• Reconciliation & Validation of Monthly Finance & Accounting schedules.
• Ensure monthly/quarterly/annual Statutory filings are completed on time
• Driving Exit management by processing 4 Cycles of Weekly Full & final settlements
• Facilitated statutory audits, risk audits, RBI audits, BDO audits, IFC audits, Stat audits, external audits & internal audits.

Annual Incremental Cycle

• Budget Allocation to respective BU with stipulated with headcount
• Budget Evaluation with Stake holders
• Detailed discussion with various Business heads on Ratings & Business requirements on Cost
• Roll out Increment data to all stake holders post discussion and analysis
• Implement Appraisals in Payroll with arrears

• Knowledgeable in Employee, Payroll, Leave, Attendance, Expense Claims, Reimbursement, Letter, Performance Appraisal & Final Settlement Module.
• Resolved problems, improved operations and provided exceptional service.
• Led projects and analyzed data to identify opportunities for improvement.
• Actively listened to customers' requests, confirming full understanding before addressing concerns.
• Understanding business functionality of client and identify their workflow processes and business challenges to create business requirement and project plan in regards successful implementation.
• Requirement gathering phase understanding client requirement, Customization and solution to client depends upon their requirement. Preparing requirement and solution document
• Monitoring Project Efficiently through diligent metrics Management.
• Managed end to end implementation on multiple projects including requirement analysis, design, development, testing, training, deployment activities and post implementation support.
• Overseeing service delivery functions; taking care of implementation of systems, methodologies and procedures in line with client’s requirement.
• Functioning as Owner of Incident, Request, Change and Escalation processes, ensuring high levels of performance in these processes, accurate reporting and establishing service improvement activities.
• Performing regular implementation health checks. Identifying risks to customer achieving their stated business goals and develop risk mitigation plan.
• Knowledgeable in SQL & MS Access Integration’s with all Bio-metric Machines.
• Steering successful rollout of project implementations within defined scope, timelines and quality through detailed planning, accurate estimation, close project tracking.
• Liaising with multiple internal teams like Sales, Support and development team to ensure enriching implementation experience to customer.

• Handled End to End Flexi Payroll & Multiple Regular Payroll
• Validation & Generation of Payroll & Statutory Reports
• Monthly Statutory Remittance Activities
• Regular Follow Ups to Setup a New Agreements, PO’s & Agreement Renewals.
• Implementation Support on Statutory Compliance Software with all legislative rules & regulations.
• Year End Activity – Proofs Validation & Approvals, Rejections, Form-16 Generation.
• Application Bugs Findings, Requirement Collection & Implementation Support.
• Ensuring that payroll payment submissions are made in accordance with agreed schedule.

• Led and supervise Payroll Team, coordinating the daily activities and prioritizing work load & ensuring the delivery on a high quality, responsive and efficient service
• UAE Payroll Processing of 5 Accounts headcount of 90 Employees
• Handled End to End Multiple Payroll Processing of (20,000 Associates)
• Collection & Verification of Payroll, Attendance, Leave & HR Inputs
• Preparation of Weekly & bi-weekly Integrated MIS Reports & presenting in Monthly Review Meetings
• Data Migration, Reconciliation of Statement of Accounts& Attending Payroll Audits
• Addressing Employee Queries of more than 60,000 Associates
• Year End Activity – Proofs Validation & Approvals, Rejections, Form-16 Generation
• Generation of Salary Transfer, Salary Analysis, Salary Variance & Variable Report

• Established & performed Payroll & HR Policies & Processes
• Handled end to end Multiple Indian Payroll
• Processed Payroll for Strength of 7000 Employees
• Maintenance of Payroll Reports, Statutory Reports & Monthly Challans
• Handling Payroll year-end Activity & HR activities, Issuance of Form 16, Submission of ITR Filling & Performance Appraisal Activities
• Handling statutory payments such as EPF, ESIC, PT, LWF & Income Tax