Walk-in || Commercial Manager, Payroll Executive, MBA Finance, Bangalore

Five Feed Learning Solutions Pvt. Ltd; Bengaluru; On-site; INR 300,000 - 400,000; Full time

Benefits offered by this job

Provident Fund

Job summary

Five Feed Learning Solutions Pvt. Ltd is seeking a dual-role professional for their Bangalore office. This position involves managing commercial contracts and vendor negotiations alongside payroll processing for 100-300 employees. The ideal candidate will have a graduation degree and experience in contract management and statutory compliance. Salary ranges from Rs 3 Lacs to 4 Lacs per annum, with benefits including Provident Fund. Candidates should be prepared to handle payroll accuracy and compliance tasks efficiently.

Responsibilities

• Draft, review, and negotiate client/vendor contracts, purchase orders, and service agreements.
• End‑to‑end monthly payroll for 100–300 employees.
• Monitor project/job costs, analyze variances, and prepare cost sheets.

Skills

Contract Management

Payroll Processing

Statutory Compliance

Cost Control

Vendor Negotiations

Education

Graduation

Job description

We are seeking a dual‑role professional to manage the company’s commercial contracts, vendor negotiations, and cost control, while also ensuring accurate and timely payroll processing for all employees. The ideal candidate will bridge the gap between commercial finance and HR operations in our Bangalore office.

Rs 3 Lacs - 4 Lacs p.a

Number of Positions: 2

Other benefits: Provident Fund

Qualifications

Graduation

Any Graduate

Job Description

A. Commercial Management (50%)

• Contract Management: Draft, review, and negotiate client/vendor contracts, purchase orders, and service agreements. Ensure compliance with GST, TDS, and other statutory norms.
• Billing & Invoicing: Raise customer invoices as per contract milestones, track collections, and manage accounts receivables.
• Cost Control: Monitor project/job costs, analyze variances, and prepare cost sheets for management review.
• Commercial Documentation: Maintain all commercial records (indents, LPOs, delivery challans) as per statutory audit requirements.
• Monthly MIS: Prepare commercial reports outstanding receivables, ageing analysis, contract profitability.

B. Payroll & Compliance (50%)

• Payroll Processing: End‑to‑end monthly payroll for 100–300 employees (depending on company size), including salary calculation, arrears, bonuses, deductions (PF, ESI, PT, LWF, TDS).
• Statutory Compliance: Timely deposit and return filing for:
  • PF (EPF) – ECR generation & challan
  • ESI – monthly contributions
  • Professional Tax (PT) – monthly/quarterly return
  • Labour Welfare Fund (LWF) – as applicable for Bangalore
• Salary Bank File: Coordinate with bank for salary uploads and resolve rejection issues.
• Employee Queries: Address payroll-related queries (salary slips, tax deductions, reimbursement processing).
• Attendance Integration: Coordinate with HR/Admin for leave, overtime, and attendance data.
• Income Tax (TDS): Calculate employee TDS, collect investment proofs, and prepare Form 16 (in coordination with Accounts).
• Audit Support: Provide payroll and commercial data for internal, statutory, and tax audits.