Payroll Executive

Job Description

ROLES AND RESPONSIBILITIES: This position is for the Pay-Roll Executive, Hyderabad. This position involves the following roles and responsibilities: Process payroll for all employees, ensuring accuracy in calculations and timely disbursement. Maintain and update payroll records, including employee data, salary adjustments, and benefits deductions. Ensure compliance with labour laws, tax regulations, and company policies regarding payroll. Coordinate with HR to verify employee attendance, leave records, and overtime claims. Generate payroll reports and summaries for management and auditing purposes. Address employee inquiries related to payroll, benefits, and deductions. Assist in the implementation of payroll software and systems. Conduct regular audits of payroll data to identify and correct discrepancies. Stay updated on changes in payroll legislation and compliance requirements. Support year-end processes, including tax reporting and preparation of W-2 forms. KNOWLEDGE, SKILLS AND EXPERIENCE: The Candidate- Bachelors degree in Finance, Accounting, Human Resources, or a related field. 3+ years of experience in payroll processing and administration. Proficiency in payroll software and systems; strong Microsoft Excel skills. Understanding of labour laws, tax regulations, and compliance requirements. High level of accuracy in data entry and payroll calculations. Strong analytical skills for auditing payroll data and resolving discrepancies. Excellent verbal and written communication skills. Strong organizational and time management abilities to meet payroll deadlines.