Summary
Overview
Work History
Education
Skills
Personal Information
Hobbies and Interests
Residing At
Additional Information - Expected Ctc
Accomplishments
Languages
Timeline
Generic
Shantaram Dattaram Teli

Shantaram Dattaram Teli

Mumbai

Summary

Dynamic HR professional with over 17.5 years of extensive experience in payroll and employee benefits administration at Nuvama Wealth Management. Proven expertise in regulatory compliance and ESOP management, leading teams to optimize processes. Adept at data analysis and fostering collaboration, ensuring timely and accurate payroll for over 3500 employees while enhancing operational efficiency, driving operational efficiency, and ensuring regulatory compliance.

Overview

19
19
years of professional experience

Work History

Assistant Vice President Payroll & Compensation Benefit, Statutory Compliance And ESOP - HR Operations

NUVAMA Wealth Management Limited
Mumbai
06.2021 - Current
  • Managed end-to-end payroll for over 3000 employees at Nuvama Wealth Management.
  • Processed full and final settlements, relieving letters, and experience letters.
  • Oversaw mediclaim policies including Group Term Policy, Group Accidental Policy, and Covid Policy.
  • Ensured timely claim settlements through Third-Party Administrators (TPA).
  • Coordinated with TPA for Covid hospitalization claims and settlements.
  • Conducted gratuity and leave actuarial valuations in collaboration with Finance.
  • Administered ESOP grants, managed MIS, allotments, and bank reconciliations.

Manager - Payroll and Statutory Compliance - HR Operations

Edelweiss Financial Services
Mumbai
09.2016 - 02.2021
  • End to end payroll processing for 35 entities (Approximately 8000+ employees) every month.
  • Checking and preparation of SLA and MIS.
  • Preparation of salary Bank Advice & Deposited in bank by e-net etc.
  • Handling ESOP, Payroll, Statutory payments, Audits, Rule 5 reports, 217A reports and KMP reports.
  • Checking Perk calculations (Loan Perk, Housing Perk, Superannuation Perk, Car Perk etc).
  • Processing end to end payroll for overall Edelweiss entities.
  • Handling ETDS returns, form 16 and employee benefits.
  • Organizing tax benefit sessions for better understanding of tax laws to employees.
  • Informative Sessions on current process and portal navigations for less queries.
  • Introduction of new tax benefit components for more efficient employee tax benefit.

Associate Manager Payroll and Statutory Compliance

TSR DARASHAW LTD.
09.2011 - 08.2016
  • Directed payroll processing for multiple companies, including Hungama, Otis, and Virtela.
  • Executed ETDS return filing to ensure compliance with regulatory requirements.
  • Generated Form 16 for employees to facilitate tax reporting.
  • Supervised a team of six to seven executives to optimize operational efficiency.

Sr. Associate Payroll and Statutory Compliance

HGS(Hinduja Group) Global Solutions Pvt. Ltd.
03.2007 - 08.2011
  • Directed payroll processing across multiple companies, including First Source Solutions, REVIT, and Canara HSBC Bank.
  • Executed ETDS return filings to maintain compliance with all regulatory requirements.
  • Generated Form 16 for employees to streamline tax reporting processes.

Education

Bachelor of Commerce - Commerce

Mumbai Univercity
Mumbai, Maharashtra
01.2006

Class 12 -

Mumbai Board
Mumbai, Maharashtra
01.2003

Class 10 -

Mumbai Board
Mumbai, Maharashtra
01.2001

Skills

Payroll and employee benefits administration

  • Regulatory compliance and reporting
  • Tax management
  • ESOP Management
  • Data analysis techniques
  • Process optimization strategies
  • Team leadership capabilities

Personal Information

  • Date of Birth: 07/21/86
  • Marital Status: Married

Hobbies and Interests

  • Traveling
  • Drawing

Residing At

2103, Suyog CHSL, Tagore Nagar, Vikhroli East , Mumbai 400083

Additional Information - Expected Ctc

30 to 40 percent on current CTC

Accomplishments

  • Awarded the Process Optimizer for payroll and ESOP process

Languages

Marathi
First Language
English
Advanced (C1)
C1
Hindi
Advanced (C1)
C1

Timeline

Assistant Vice President Payroll & Compensation Benefit, Statutory Compliance And ESOP - HR Operations

NUVAMA Wealth Management Limited
06.2021 - Current

Manager - Payroll and Statutory Compliance - HR Operations

Edelweiss Financial Services
09.2016 - 02.2021

Associate Manager Payroll and Statutory Compliance

TSR DARASHAW LTD.
09.2011 - 08.2016

Sr. Associate Payroll and Statutory Compliance

HGS(Hinduja Group) Global Solutions Pvt. Ltd.
03.2007 - 08.2011

Bachelor of Commerce - Commerce

Mumbai Univercity

Class 12 -

Mumbai Board

Class 10 -

Mumbai Board
Shantaram Dattaram Teli