Role Overview
We are looking for a detail-oriented Payroll Specialist to manage end-to-end payroll processing, statutory compliance, payroll accounting and employee payroll queries. The candidate will ensure accurate and timely salary disbursements, statutory payments and payroll reporting across the organisation.
Key Responsibilities
- Manage monthly payroll processing, including salaries, incentives, variable pay, arrears, reimbursements and full-and-final settlements.
- Validate attendance, leave, employee master data, new joiners, exits and salary revisions in coordination with HR.
- Ensure compliance with applicable PF, ESI, Professional Tax, TDS on salaries, Labour Welfare Fund and other statutory requirements.
- Manage statutory filings, challans, reconciliations and compliance calendars.
- Prepare payroll journal entries and reconcile salary payable, employee deductions and statutory liabilities with the general ledger.
- Prepare monthly payroll cost reports, headcount MIS and department-wise employee cost analysis.
- Coordinate with HR, Accounts and Finance for payroll inputs, monthly closure and audits.
- Maintain payroll documentation, confidentiality and robust internal controls.
- Resolve employee payroll queries and ensure timely issuance of salary slips and tax certificates.
Candidate Profile
- Bachelor's degree in Commerce, Finance or a related discipline; postgraduate qualifications preferred.
- 3- 6 years of hands-on experience in end-to-end payroll processing and statutory compliance.
- Strong knowledge of payroll calculations, Indian payroll regulations and applicable labour laws.
- Proficiency in MS Excel and payroll software / ERP systems.
- Strong reconciliation, analytical and problem-solving skills.
- High attention to detail, integrity and ability to maintain confidentiality.
Key Competencies
Payroll accuracy | Statutory compliance | Reconciliation | Excel proficiency | Confidentiality | Stakeholder management
Hiranandani Estate, Thane (On-site)