Payroll Specialist

Designation: Senior Executive

Level: L2

Experience: 3 to 7 years

• Key Responsibilities:
• Process monthly payroll accurately and on schedule for all employees.
• Maintain payroll records, employee data, and time/attendance inputs.
• Ensure compliance with statutory requirements (Income Tax, PF, ESI, Gratuity, PT, etc.).
• Calculate and process variable pay components such as incentives, overtime, arrears, bonuses, reimbursements, and allowances.
• Handle Full & Final settlement of resigned/terminated employees.
• Reconcile payroll reports with Finance and generate payroll-related MIS reports.
• Coordinate with HR for new joiners, exits, and employee data updates.
• Respond to employee queries on salary, tax deductions, and payslips.
• Ensure payroll audit readiness and participate in internal/external audits.
• Stay updated with payroll legislation, tax updates, and compliance requirements.
• Work with vendors (if applicable) for payroll software or outsourced payroll services.
  

Skills & Qualifications:

• Bachelor’s degree in Commerce, Finance, HR, or related field.
• Strong knowledge of payroll software (ADP, Darwinbox, Workday, etc.).
• Understanding of tax laws and statutory compliances.
• High attention to detail, confidentiality, and accuracy.
• Good communication and problem-solving skills.
• Proficiency in MS Excel and payroll reporting.