HR Payroll - Indian Payroll

Job Description

Role & responsibilities - Handling inhouse payroll. Salary processing of 2000 + employees. Having 5+ years of CORE INDIAN PAYROLL EXPERIENCE. IMMEDIATE JOINERS NEEDED. FROM BANGALORE LOCATION ON LY. Key Responsibilities :- Payroll Processing : Manage end-to-end payroll processing for inhouse DTDC employees. Verify and reconcile payroll data including working hours, salary, allowances, bonuses, and deductions. Ensure timely disbursement of salaries, bonuses, and any other compensations. Compliance : Ensure compliance with statutory requirements such as Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT), and Income Tax (TDS). Submit payroll-related statutory reports and filings in a timely manner. Keep up to date with changes in Indian labor laws and taxation regulations affecting payroll processing. Employee Benefits & Deductions : Calculate and process deductions like Provident Fund, ESI, PT, Gratuity, and Income Tax. Handle payroll benefits such as leave encashment, gratuity payments, medical reimbursements, etc. Ensure that appropriate deductions are made for outsourced employees based on company policy and legal requirements. Reporting & Record Maintenance : Maintain payroll records including payslips, tax statements, and other employee records. Generate monthly, quarterly, and annual payroll reports for management and compliance audits. Handle payroll queries from employees and provide resolution in a timely manner. Coordination & Support : Liaise with HR, Finance, and third-party vendors (outsourcing clients) to ensure accuracy and completeness of payroll data. Assist with internal and external payroll audits. Collaborate with the Finance department for the disbursement of salaries and taxes. Payroll Software : Utilize payroll management software to process payroll and maintain records. Assist in the implementation of new payroll systems or software as required. Ensure the payroll software is updated with current statutory regulations. Statutory Filings : Handle monthly and annual statutory filings such as PF, ESI, PT, and TDS returns. Submit Form 16, challans, and other tax-related documents to government authorities as required. Key Requirements :- Qualifications : Bachelor's degree in Finance, HR, or a related field. Professional certification in payroll processing (preferred). Technical Skills : Proficiency in payroll management software such as SAP, Tally, or other payroll tools. Strong knowledge of MS Excel for reporting and reconciliation purposes. Compliance Knowledge : In-depth understanding of Indian labor laws, taxation regulations, and statutory compliance related to payroll processing. Experience with PF, ESI, PT, Gratuity, and Income Tax regulations.