Senior Executive

Job Overview:

The Senior Executive - Payroll and HR Compliance will be responsible for overseeing payroll administration and ensuring adherence to statutory and regulatory compliance in the HR domain. This role will involve managing payroll processesresolving discrepancieshandling taxationand ensuring compliance with labor lawssocial security contributionsand other relevant regulations.

The role requires a strong understanding of payroll systemsHR compliance regulationsand the ability to work collaboratively across various teams to ensure smooth operations.

Payroll Administration:

Oversee the end-to-end payroll processensuring accuracytimely disbursement of salariesbonusesand other employee benefits. Coordinate with stakeholders to collect and validate payroll inputsprepare and upload the data into the softwareand follow up for payroll input approval. Validate the payroll register to ensure accuracy with zero errorsand coordinate with stakeholders for timely salary distribution.

Ensure proper earnings and deductionsincluding statutory deductions (e. g. Provident FundProfessional TaxESIIncome Tax and LWF) are applied correctly. Handle payroll-related queries and resolve discrepancies in a timely manner. Prepare and maintain records for employee salariesincentivesbonusesand reimbursements. Compliance and Statutory Reporting:

Ensure full compliance with local labor lawsstatutory regulationsand internal policiesincluding Provident Fund (PF)Employee State Insurance (ESI)and other mandatory deductions. Submit timely and accurate returns and reports to regulatory bodies such as PFESIIncome TaxLabour department and any other applicable government agencies. Monitor and ensure compliance with tax laws and other government regulations related to employee compensation.

HR Policy and Process Compliance:

Assist in the development and implementation of HR policies and procedures to ensure adherence to legalregulatoryand organizational requirements. Conduct periodic audits of payrollHR processesand employee records to ensure ongoing compliance. Provide guidance to employees and management on HR policiespayroll-related queriesand compliance matters.

Employee Benefits and Taxation:

Administer employee benefitsincluding Mediclaim InsuranceProvident FundEmployees State Insuranceretirement plansand other welfare schemes in compliance with legal standards. Provide assistance with tax-related mattersincluding tax planning and filing of returns for employees. Ensure timely and accurate computation of tax liabilities for employeesincluding the issuance of Form 16 and other relevant tax documents.

Record Management and Reporting:

Prepare various payroll-related reports and share them with the concerned stakeholders. Maintain accurate and up-to-date records of employee datapayrolland compliance documents. Prepare detailed reports on payrollstatutory deductionsand compliance issues for senior management and statutory bodies. Analyze payroll data and provide insights to improve processesensure complianceand enhance employee satisfaction.

Collaboration and Communication:

Collaborate with financeaccountingand other departments to ensure seamless payroll processing and compliance. Communicate with government authoritiestax consultantsand auditors as required for payroll and compliance-related matters. Ensure a positive employee experience by effectively addressing and resolving payroll-related concerns.

Key Requirements:

Education: Bachelor s degree in Human ResourcesBusiness Administrationor related field. Professional certification in Payroll Management or HR Compliance is an advantage.

Experience:Minimum 4-6 years of experience in payroll processingHR complianceand statutory reporting. Experience in the health care industry is a plus.

Skills and Competencies:

Strong knowledge of payroll processing systemsHR complianceand applicable labor laws. Expertise in statutory compliance with tax lawsPFESIand other government regulations.

Excellent attention to detail and strong analytical skills.

Ability to work under pressuremeet deadlinesand manage multiple tasks simultaneously. Strong communication and interpersonal skills.

Proficient in HR softwarepayroll systemsand MS Office/Excel