Summary
Overview
Work History
Education
Skills
Languages
Timeline
Generic

LOKESH VATS

Delhi,Haryana

Summary

Passionate about managing complex payroll operations, the candidate brings over a decade of experience in maintaining meticulous records, ensuring compliance, and resolving payroll discrepancies for sizable teams exceeding 3000+ employees. With a proven track record across multiple software platforms. Streamlining payroll processes aligns seamlessly with the company's mission to maintain operational efficiency and regulatory adherence in payroll administration.

Overview

12
12
years of professional experience

Work History

Assistant Manager - Payroll

Rosmerta
11.2023 - Current
  • Managed payroll for 3200 employees using ESSL software and timely Salary preparation and having sound knowledge in Advance Excel.
  • Ability to handle employees’ queries related Payroll & Compliance.
  • Sound knowledge of all Indian labour laws including the Payment Wages Act, Bonus Act, EPF, ESIC, Gratuity & other relevant regulations.
  • Prepare & timely file statutory returns like EPF, ESIC, Professional tax.
  • Manage audits ensure proper documentation & reporting to labour law compliance.
  • Prepared and paid ESIC, EPF, PT, and LWF monthly challans of 3200 employees.
  • Ensured accurate payroll processing by maintaining time records.
  • Resolved payroll discrepancies through employee inquiries and variance investigations.
  • Calculated deductions, including overtime and vacation, for payroll.
  • Developed procedures and policies for payroll compliance.
  • Updated payroll system for salary, bonus, and deduction changes.

Assistant Manager - Payroll

CABT Staffing
04.2023 - 11.2023
  • Managed payroll for 2500 employees using Spine HR software.
  • Prepared & filed ESIC and EPF monthly challans and records.
  • Uploaded attendance, payouts, and compliance documents on Simpliance of 2500 employees.
  • Addressed employee payroll inquiries, resolving discrepancies.
  • Calculated deductions and processed payroll efficiently.
  • Developed payroll procedures ensuring regulatory compliance.
  • Reviewed time records for accuracy for 2500 employees.
  • Prepared and submitted timely financial reports and projections.

Assistant Manager - Payroll

Superior Securitas
07.2018 - 04.2022
  • Process bi-weekly employee payroll payments on time and through the appropriate channels.
  • Calculating employees' pay based on days worked, deductions, taxes and relevant benefits.
  • Maintains accurate records of all payroll transactions, including employee earnings, taxes and deductions.
  • Calculates and ensure the on-time payment of all payroll-related taxes.
  • Calculates and ensure the on-time payment of GST returns and payments.
  • Timely payments of ESIC and EPF.
  • Ensures the organisation complies with all applicable laws and regulations related to payroll, taxes and benefits.
  • Generate reports related to payroll expenses, taxes and other payroll-related data to help the organisation make informed decisions.
  • Uploaded time records into computer system and made adjustments to create accurate database for payroll processing functions.
  • Reviewed time records 500 employees to verify accuracy of information.

Senior Executive - Payroll

Vats Printing Press
01.2015 - 07.2018
  • Completed timely and accurate payroll for all employees.
  • Process timecards and payroll data efficiently.
  • Ensured on-time GST return payments.
  • Tracked and managed employee leave records.
  • Resolved payroll discrepancies and responded to employee inquiries.
  • Managed and updated employee benefits information.

Senior Executive - Payroll

Amitabh Anand Verma & Co
01.2013 - 01.2015
  • Completed payroll accurately and timely to meet employee expectations.
  • Process timecards and payroll data for team of employees.
  • Performed data entry tasks and maintained accurate records of employee payroll information.
  • Audited timesheets and payroll records for accuracy.

Education

B.Com - Accounting

Delhi University
New, Delhi
06.2015

Skills

  • Payroll
  • HRMS
  • MIS
  • Compliance
  • Cost Analysis
  • GST
  • MS Excel
  • Internal Audit
  • Budget assistance
  • Scheduling and planning
  • Performance reviewing
  • Cost reduction
  • Workplace safety compliance

Languages

English
Hindi

Timeline

Assistant Manager - Payroll

Rosmerta
11.2023 - Current

Assistant Manager - Payroll

CABT Staffing
04.2023 - 11.2023

Assistant Manager - Payroll

Superior Securitas
07.2018 - 04.2022

Senior Executive - Payroll

Vats Printing Press
01.2015 - 07.2018

Senior Executive - Payroll

Amitabh Anand Verma & Co
01.2013 - 01.2015

B.Com - Accounting

Delhi University
LOKESH VATS