Payroll Associate

About Newton School

Role Overview

Payroll Specialist

HR background

2-3 years of experience

Key Responsibilities

• Accurately process end-to-end payroll for all employees, ensuring timely salary disbursement and statutory compliance.
• Calculate salaries, overtime, incentives, bonuses, reimbursements, deductions (PF, PT, ESI, gratuity), and manage final settlements.
• Maintain updated employee records, attendance, leave balances, and benefits data in HR systems and payroll software.
• Ensure compliance with all statutory requirements including TDS, PF, ESI, PT, LWF, and submit timely statutory returns.
• Act as the first point of contact for payroll-related queries, addressing discrepancies while maintaining confidentiality.
• Collaborate with HR and Finance teams for accurate payroll processing, reporting, bank disbursement, and audits.
• Prepare and maintain payroll reports, salary registers, variance analysis, and support internal and external audits.
• Monitor changes in labor laws, and tax regulations, and suggest improvements to payroll systems and processes.
  

Key Requirements:

• 2-3 years of hands-on payroll experience with a solid HR operations background.
• Proficient in payroll software (GreytHR, Keka, Zoho, SAP) and advanced MS Excel skills (VLOOKUP, Pivot Tables).
• Strong knowledge of payroll processing, tax deductions, statutory compliance, and labor regulations.
• Analytical with excellent problem-solving skills to handle discrepancies and resolve payroll issues promptly.
• High attention to detail and accuracy in managing sensitive employee and financial data.
• Capable of handling confidential information with utmost professionalism and integrity.
• Strong communication and collaboration skills to liaise with employees, HR, Finance, and external auditors.
• Adaptable to changes in tax laws, compliance requirements, and payroll systems with a continuous learning mindset.