Compliance & Payroll Executive

Responsibilities

• Collect daily, weekly or monthly timesheets
• Calculate bonuses and allowances
• Prepare employees’ compensation by the end of each month using payroll software
• Schedule bank payments or hand out paychecks directly to employees
• Distribute payment statements and gather signed receipts (digital or paper)
• Report on payroll expenses
• Ensure wages and tax withholdings comply with regulations
• Enter new employees’ data (e.g. bank accounts and tax identification numbers) into internal databases
• Answer questions about compensation, benefits, taxes and insurance deductions
• Manage certain time bound processes and ensure validation of data to be accurate and truthful i.e. Investments declaration, Form 16s, Tax Returns
• Ensuring time lines are met for salary disbursement and statutory compliance.
• Ensuring Employee Benefits including Employee reimbursements as per rules and regulations of income tax.
• Calculation and deposit of monthly liability of TDS on salaries
• Preparation & Submission of Quarterly and Annual TDS returns
• Responsible of publishing monthly Payroll Dashboard
• Ensure Monthly payroll provisions to Finance

Requirements and skills

• Proven work experience as a Payroll Officer, Compliance officer or similar role
• Hands-on experience with HRIS and accounting software
• Strong math skills with an ability to spot numerical errors
• Good knowledge of labor legislation
• Time-management skills
• Ability to handle confidential information.

Job Types: Full-time, Permanent

Pay: ₹300,000.00 - ₹400,000.00 per year

Benefits:

• Cell phone reimbursement
• Health insurance
• Paid time off
• Provident Fund

Experience:

• Payroll management: 2 years (Preferred)

Work Location: In person