Payroll Specialist

Job Description

About the Job:

We are looking for a ‘Payroll Executive‘ in our HR Team who will be responsible for end-to-end payroll process management.

Role And Responsibilities:

• Manage end–to–end payroll processing of overall 1500+ employees (Full time and Contract employees)
• Ensure timely and accurate salary disbursal of salaries to employees
• Manage the company payroll vendor and ensure compliance and accuracy in monthly payroll Activities
• Collaborate with payroll vendor to ensure validation of PF/ESIC/PT/LWF/Income TAX calculation.
• Ensure accurate and timely sending of payroll input to Payroll Service Provider and our Finance Team
• Processing Full and Final settlements including Leave encashment, LTA, Gratuity, Bonus, Maternity leave and other statutory benefits.
• Ensuring payment of statutory dues including TDS, Provident Fund, ESIC, Professional Tax, Mediclaim, Insurance, Gratuity etc.
• Preparing reconciliation statement month on month.
• Handling the Attendance & Leave Management systems to ensure accurate payroll inputs.
• Will be responsible for Incentive processing of employees.
• Manage investment Declarations and proofs submission of employees.
• Resolve employee queries/issues in payroll and manage employee grievances
• Ensuring proper MIS and auditable documents are kept

Skills, Knowledge and Experience required:

• 2 – 6 years of experience in managing payroll process
• Should be an expert in Microsoft Excel. Should know macros, vlookup and other advanced excel formulas
• Should have very strong numerical and analytical abilities. Needs to be strong in numerical and mathematical skills
• Should have good ‘Communication Skills’ both spoken and written
• Should have good knowledge of compensation practices in the industry and government polices