Payroll Executive

2 - 7 years

5 - 7 Lacs

Posted:18 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

  • Handle end-to-end payroll processing for employees, ensuring accuracy and timeliness.
  • Manage payroll calculations either manually or through payroll software as per company requirements.
  • Ensure statutory compliance related to employee benefits including Provident Fund (PF), Employees State Insurance Corporation (ESIC), Maharashtra Labour Welfare Fund (MLWF), and Gratuity.
  • Process Full and Final (FNF) settlements for exiting employees in compliance with legal and organizational standards.
  • Maintain accurate payroll records, salary registers, and statutory documentation.
  • Coordinate with HR and finance teams to gather payroll inputs and resolve discrepancies.
  • Address employee queries related to payroll, deductions, and statutory benefits.
  • Stay updated with changes in payroll laws and labor compliance to ensure alignment.
  • Prepare monthly reports for salary disbursements, compliance filings, and audits.
  • Ensure confidentiality and security of payroll data and employee information.

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