Payroll Executive

Role Overview

The Payroll Executive will be responsible for ensuring accurate and timely processing of employee salaries, statutory compliance, payroll reconciliations, and coordination with HR & finance teams. The role requires strong analytical skills, attention to detail, and hands-on experience with payroll software/HRMS.

Key Responsibilities

1. Payroll Processing

• Manage end-to-end monthly payroll for all employees.
• Validate attendance, leaves, overtime, variable pay, and incentives.
• Maintain accurate employee records including joining, exit, transfers, and salary revisions.
• Ensure timely disbursement of salaries.

2. Statutory Compliance

• Handle PF, ESIC, PT, LWF, Bonus, Gratuity and other statutory deductions.
• Prepare and file statutory returns (PF, ESI challans, PT, TDS etc.).
• Keep track of latest statutory and tax-related updates.

3. HRMS & Documentation

• Manage HRMS payroll module and ensure data accuracy.
• Generate payslips, salary statements, and payroll MIS reports.
• Maintain confidentiality and secure storage of payroll data.

4. Coordination & Support

• Coordinate with HR, Finance, and Auditors for payroll-related data.
• Address employee queries related to salary, payslips, deductions, and income tax.
• Assist in yearly activities like full & final settlement, increments, and tax declarations.

5. Audit & Reporting

• Conduct monthly payroll reconciliation.
• Support internal and external audits by providing required data.
• Prepare monthly payroll MIS, variance analysis, and cost sheets.

Required Skills & Qualifications

• Bachelor’s degree in Commerce, HR, or related field.
• 4–10 years of experience in payroll processing.
• Strong knowledge of PF, ESIC, PT, TDS, and other statutory requirements.
• Hands-on experience with payroll software (SAP, GreytHR, Keka, Zoho, etc.).
• Good MS Excel skills (VLOOKUP, Pivot Table, basic formulas).
• High attention to detail, accuracy, and confidentiality.