Senior Payroll Executive/Associate
Experience: 4-5 years
Location: Bangalore (Koramangala)
Job Responsibilities:
1. Payroll Processing:
§ Oversee the end-to-end payroll process, including data collection, calculation, and disbursement.
§ Review and validate time and attendance records for accuracy.
§ Manage payroll software and systems to ensure smooth processing.
2. Compliance and Reporting:
§ Stay updated on changes in labour laws, tax regulations, and other statutory requirements.
§ Ensure compliance with all relevant laws and regulations, including income tax, provident fund, ESI, and professional tax
§ Prepare and submit payroll tax returns and compliance reports in accordance with legal requirements.
§ Ensure accurate and timely year-end reporting
3. Record Maintenance:
§ Maintain accurate and up-to-date payroll records, including employee information, deductions, and earnings.
§ Handle all confidential payroll information in a secure and confidential manner.
4. Benefits Administration:
§ Administer employee benefits programs related to payroll, including health insurance, retirement plans, and other voluntary deductions.
5. Communication and Support:
§ Serve as a point of contact for employee inquiries related to payroll and benefits.
§ Collaborate with HR and Finance departments to resolve payroll-related issues.
6. Process Improvement:
§ Continuously evaluate and improve payroll processes to increase efficiency and accuracy.
§ Implement best practices to enhance the overall payroll function.
7. Auditing and Reconciliation:
§ Conduct periodic audits to ensure accuracy and compliance with internal controls and policies.
§ Reconcile payroll transactions and resolve discrepancies.
8. Training and Development:
§ Provide training and support to employees on payroll-related matters, including timekeeping and employee self-service portals.
Requirements:
· Bachelor's degree in HR, Finance, Accounting, or a related field preferred.
· Proven experience (4 - 5 years) as a Payroll and HR compliances Specialist or in a similar role.
· Proficiency in Microsoft Excel & payroll software and systems.
· Strong knowledge of Indian labour laws, taxation, and statutory compliance.
· Must be highly analytical, logical & have a number driven aptitude.
· Ability to handle sensitive and confidential information with discretion
· Strong communication and interpersonal abilities.
· Good follow-up skills; the ability to understand; adaptability to process changes; and a strong sense of importance and ownership
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