YASHVANTH KUMAR T S
People & Culture (Payroll, Compliance, Compensation and Benefits)
Bngalore
Summary
Seeking for a management track position in an organization utilizing my skills and abilities in HR operations, benefits, payroll and compliance management that offers professional growth while being resourceful, innovative and flexible. I have proven knowledge of handling team and managing activities as individual role player.
I have 12+ years of experience in field of HR, managing compensation and benefits, HR analytics and compliance for 9 long years along with that I have managed talent management for 2 years HR operations for 3 years and compensation and benefits for 5 years. Now in my current position I am handling compensation and benefits, Vendor and Contract staff management, HR analytics, Labor Compliance and Audit SPOC for HR. Versatile Senior Manager specializing in Payroll management, Labour compliance, HR analytics and skilled at planning, implementing and overseeing key improvements to drive business growth and efficiency. History of cultivating an open culture with free exchange of information. Pursuing new professional challenges with a growth-oriented company.
Overview
12
12
years of professional experience
7
7
years of post-secondary education
Work History
Senior Manager II- (L3-C) - Compensation and Benefits
Kisetsu Saison India(Finance) Private Limited
2 2023 - Current
- I manage the whole compensation and benefits, Labour compliance, Analytics and Contract management for 1400+ staff with team of 4
- Ensure Zero error delivery of Payroll
- To safeguard the interest of employee with various compensation and benefits planning (Car lease, ESOP, FBP)
- Managing the awards and perquisites (I have good knowledge of Perquisites and Indian Taxation)
- Maintaining the good relationship with the vendors and contractors- Negotiation on price and cost of Insurance, temp staffing charges and other
- Creating Awareness' on NPS, Income tax planning car lease benefits
- Creating policies related to HR operations and compensation benefits
- Leave and attendance management
- Working as HR shared services team in managing the policies and assisting HRBP team
- Managing the Annual increment and Half yearly bonus- Directly interacting with CEO for the budgets and approvals
- Managing the monthly sales incentive payment.
- Implemented and developed operational standards, policies and procedures.
- Reduced costs, optimized resource allocation, and improved efficiency in managing projects.
- Identified cost improvement changes and cost savings plans to increase company savings.
- Demonstrated exceptional adaptability in navigating complex situations or rapidly changing environments with ease.
- Consolidated vendors and renegotiated contracts to optimize costs.
- Benchmarking of leave details with industry standards and labour regulation
- Global Talent Mobility project management with comp and benefits study in the market
- International Investor movement project managed with local regulations and requirements management
- Managing multiple branch displays and abstracts leveraging the team effort.
- Boosted team member productivity by enhancing performance monitoring and instituting motivational approaches.
- Established strong relationships with clients and stakeholders, ensuring long-term partnerships and repeat business.
Manager Payroll- APAC
Signode
09.2021 - 01.2023
- I work here as a Payroll manager and Compensation Analyst (APAC) with the below role and it is not just limited with this
- Manpower cost and HC controller, monthly salary will be reviewed by me and sent for approval to Head of shared service
- To manage this review, I have prepared my own salary computation file in excel to ensure accurate result
- Stabilizing and improvising the productivity: I have prepared a tool in excel using selenium to generate the tax of Malaysia from IRB website
- I manage a role of analyzing the work and ensuring the team is allocated in a way that work life balance is maintained, also to recommend the tools required to reduce manual intervention
- I also manage yearly increment by collecting the ratings from COE team and providing the resulted values to business
- Generation of increment letters and share it with business
- Bottom-line cost increase strategies related to manpower cost
- Reduction of HC in non-critical position, working for backup of critical position identified by the business
- Analysis of monthly cost and HC increase or decreased in various subcompany on monthly basis, reporting the information with senior management for necessary decision making for APAC and ANZ Region
- I take part in the Insurance finalisation for GMC, GTLI and WC
- I am responsible for HRMS stability control on payroll
- Yearly budget planning on Cost and HC for the coming year, based on the business plans and allocated percentage of increment
- Reporting of savings month on month, with various reasons( Delay in replacement, no replacement for the exit positions, negotiation in the expenses etc.)
- Responsible for Sox audit and control in HRIS system and payroll processing.
Senior Manager (Payroll, Compliance)
RRS People Works Private Limited
08.2016 - 09.2021
- In this organization I have worked for 5 years, and I have managed the role of payroll, statutory compliances and HR shared services
- I was responsible to ensure the delivery of payroll for 50+ clients in a month total 50000+ payslips released - I have managed this role with error free deliveries
- My role was also to act as a virtual HR to few start up organization who could not afford the HR - help them in building the policies and procedures (COC, Ethics, Leave, Posh and others)
- I also managed the Statutory compliance for organizations having 18+ ESIC codes and 9+ PF codes in one Group entity. This is along with the Statutory compliance of regular payroll clients.
- I had a team of 20+, where I used to manage their work schedule and assign the task according to the work pressure and please re to ensure that we have a maximum outcome from the resource.
- I had managed TA team for 2 years at the early stage of organizations exist to ensure the cost reduction.
- I also worked as advisor for various client in compensation and benefits policy framework and tax planning and implementation of benefits
- I was responsible to train the team and team trains the client on the usage of HRMS.
- I used to ensure that every month on training is conducted despite of the regular work schedule. We had named that day as learning Friday and every month second Friday.
- I was also responsible to conduct the CSAT and report the responses to management, find out the RCA in case of dissatisfaction and ensure that controls are placed with in 15 days of CSAT response
- reported.
- I have handled position of sales demonstration on our HRMS tool with regarding to advantage of payroll ad leave module
- I managed to provide a competitive quotes in the market to onboard the clients
- Managed the ISO audits and got ISO certified in my tenure of work - I have led Payroll, Compliance and Implementations division f or this task.
- Preparation of payroll processing and quality validation checklist - Pre-process and post process- Continuous review of the checklist
Senior Executive Payroll
Ascent HR
06.2012 - 08.2016
- Here I have handled around 100+ organizations payroll in 4.5 years. On monthly basis I have managed an average of 15 to 20 cl ients .
- My role was to do a quality validation of the reports prepared and generated by the processing team. Which I have managed suc cessfully and, in this
- tenure, grabbed the knowledge of INDIAN payroll and individual taxation system.
- I was also responsible to front end and lead the team with client regular interaction, I was a single point of contact for cl ients to interact and get the
- questions and queries resolved.
- I was also acted as a back up to the Team lead level in their absence and processor level in their absence.
- Managed Investment proof vouching and re verification of proofs at the year end
- Managed the reimbursement process on monthly basis for CTC and Non-CTC components
- I was responsible to handle help desks and presentation- Client new joiners' payroll(Tax, FBP and reimbursement) I
- was responsible to maintain the monthly error tracker and share the same with AM and TL on monthly basis
- I was also responsible to ensure the TAT maintenance with no deviation.
Education
Bachelor of Commerce -
Vivekanand College Puttur
Puttur, Karnataka 01.2009 - 04.2012
Pre university course - undefined
Vivekananda College Puttur
Puttur, Karnataka 01.2007 - 04.2009
10th - undefined
Karnataka Board of Education
01.2006 - 04.2007
Skills
Indian Payroll and taxation
Timeline
Manager Payroll- APAC
Signode
09.2021 - 01.2023
Senior Manager (Payroll, Compliance)
RRS People Works Private Limited
08.2016 - 09.2021
Senior Executive Payroll
Ascent HR
06.2012 - 08.2016
Bachelor of Commerce -
Vivekanand College Puttur
01.2009 - 04.2012
Pre university course - undefined
Vivekananda College Puttur
01.2007 - 04.2009
10th - undefined
Karnataka Board of Education
01.2006 - 04.2007
Senior Manager II- (L3-C) - Compensation and Benefits
Kisetsu Saison India(Finance) Private Limited
2 2023 - Current
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