Payroll Specialist

Role Summary:

Responsible for managing end-to-end payroll processing, administering employee compensation structures, and overseeing benefits programs to ensure compliance, accuracy, and employee satisfaction.

1. Payroll Management

Process monthly payroll accurately and on time.

Maintain employee attendance, leave records, overtime, and deductions.

Verify salary data, allowances, reimbursements, and incentives.

Coordinate with Finance for salary disbursement.

Ensure statutory compliance (PF, ESI, PT, TDS, gratuity, etc.).

2. Compensation Management

• Support salary structure design and revisions.
• Conduct job evaluations and market benchmarking.
• Manage annual increment cycles and performance-linked pay.
• Prepare compensation reports and analytics.

3. Benefits Administration

• Manage employee benefits programs (health insurance, retirement plans, leave policies).
• Coordinate with insurance vendors and benefits providers.
• Handle claims, reimbursements, and grievance resolution.
• Communicate benefits information to employees.

4. Compliance & Documentation

• Ensure adherence to labor laws and company policies.
• Maintain payroll records, statutory filings, and audit documentation.
• Prepare monthly/quarterly reports for management.

5. HR Systems & Reporting

• Maintain HRIS and payroll software accuracy.
• Generate MIS reportsheadcount, salary cost, overtime, etc.

6. Employee Support

• Act as point of contact for payroll and benefits-related queries.
• Provide guidance to employees on compensation & benefits policies.