Associate Analyst - Provident Fund Administration Job in Hyderabad at Deloitte

Deloitte is hiring for the role of Associate Analyst - Provident Fund Administration!

Responsibilities of the Candidate:

• Ensuring form 11 is collected from all new hires for linking UAN on the PF portal
• Ensuring all basic details of active employees are updated on PF portal to comply with the statutory requirements.
• Ensuring date of exit for separated employees is updated timely on the PF portal for complying with the statutory requirements
• Ensuring beneficiary nominations are collected from all employees
• Handling PF transfer, withdrawal, data corrections, e-nomination submission etc. (online and manual)
• To be well versed with latest PF and Pension related guidelines. Track changes in PF amendments and creating awareness among all employees.
• Should be able to handle queries from active and separated professionals around Provident Fund process.
• Interacting and coordinating with our stakeholders to have processes running smoothly
• Prepare periodic reports on queries handled and processing of PF claims (online and manual claims)
• Handling death related PF & Pension claims.
• Act as one point of contact for all second level escalations PF-related queries received from level 1 through Service Now
•  Preparing process documents for all PF related activities.
• Coordinating with stakeholders to obtain timely and accurate reports
• Preparing periodic reporting for leadership and other stakeholders.
• Should be a great team player, brainstorm common issues within the team and able to suggest resolution plans
• Ensure strict compliance with PII guidelines

Requirements:

• Graduate/postgraduate in Finance
• Experience in India payroll.
• Fair knowledge of PF rules and regulations.
• PF notices handling skills
• Position requires strong analytical skills, ability to multi-task, strong attention to details and accuracy and proficiency in the use of systems, including Microsoft suite of applications, SAP.
• Knowledge of basic auditing and internal control standards.
• Effective Communication and interpersonal skills
• 2 - 4 years of relevant experience
• Advanced excel skills
• Experience in India payroll processing, data maintenance, and regulatory compliances
• Proven ability to prioritize and work within strict timelines.
• Good understanding of business terminology, business operations, and financial policies and internal controls
• Integrity and high ethical standards and commitment to data privacy
• Ability to analyze, identify complex issues related to nonstandard transactions and processes, and develop solutions to address relevant situations
• Ability to work in a flexible, high pressure and client driven work environment
• Effective problem solving and interpersonal skills
• Ability to learn things quickly, organize work, document, and report concisely
• Good verbal, written communication, and documentation skills
• Should be a great team player, brainstorm common issues within the team and able to suggest resolution