Job
Description
Job Role: We are seeking an experienced Payroll & Compliance Specialist to manage end-to-end payroll processing, statutory compliance, and taxation for employees. The role requires expertise in TDS, tax calculations, labor laws, and payroll regulations to ensure smooth payroll execution and adherence to compliance requirements. Job Responsibilities : Payroll Management: Process monthly payroll accurately, ensuring compliance with company policies and statutory requirements. Validate salary structures, deductions, incentives, and reimbursements before payroll disbursement. Ensure timely submission of PF, ESI, PT, and LWF contributions. Handle payroll queries related to salary, deductions, and tax calculations. Taxation & TDS Compliance: Compute TDS on salaries as per Income Tax Act provisions and ensure timely deposit. Prepare and file quarterly and annual TDS returns (Form 24Q, Form 16, and Form 16A). Stay updated on changes in tax slabs, exemptions, deductions (HRA, LTA, 80C, etc.), and investment declarations. Guide employees on income tax planning and investment declarations. Statutory Compliance & Audit: Ensure end-to-end compliance with applicable labor laws including PF, ESI, Gratuity, Bonus Act, Shops & Establishments Act, and Minimum Wages. Handle various internal and external audits, including labor law, statutory, and ISO audits. Maintain accurate payroll and compliance records; generate audit-ready reports for management and authorities. Address management audits including salary returns and PF factors. Employee Benefits & Compliance Administration: Oversee leave management, LTA process and policies awareness, and its financial settlement. Accurately process full & final settlements, gratuity, incentives, and variable pay. Manage exceptional cases such as employee death benefits, retirement processing, and post-retirement consultancy extensions. Handle ESIC returns and all associated types, including Form 7A for PT, ESIC, and LWF assessments. Determine whether compliance activities are executed internally or through external consultants. Act as a proactive compliance integrator, ensuring alignment with organizational and legal standards. Manage and review the Annual Increment Process ensuring consistency and compliance with internal compensation frameworks. Key Requirements: Experience: 8-10 years of payroll and compliance management. Education: Masters in HR or related field Technical Skills: Proficient in payroll software or equivalent systems. Advanced Excel skills, including pivot tables, formulas, and payroll data analysis. In-depth knowledge of TDS, payroll taxation, labor law compliance, and statutory filings. Familiarity with ISO audit frameworks and documentation standards. Soft Skills: Good verbal and written communication skills
