Executive – Accounts & Payroll

iTCart; Bengaluru; On-site; INR 500,000 - 700,000; Full time

Job summary

iTCart located in Bengaluru, India, is looking for an Executive – Accounts & Payroll. This role is responsible for managing payroll processing, ensuring statutory compliance, and maintaining employee benefits accounting.

The ideal candidate should have a Bachelor’s degree in Commerce/Finance and 3–5 years of relevant experience. Strong knowledge of Indian labor laws and accounting principles is essential for success in this position.

Qualifications

• 3–5 years of experience in payroll, compliance, and accounting roles.

Responsibilities

• Manage payroll processing and ensure accurate financial reporting.
• Handle compliance related to PF, ESIC, and other labor laws.
• Verify and process employee reimbursements.

Skills

Knowledge of Indian labor laws

Accounting principles

Attention to detail

Good communication skills

Education

Bachelor’s degree in Commerce / Finance (B.Com, M.Com preferred)

Relevant certifications in Payroll or Labor Law (preferred)

Job description

Job Code: iTC0004

Job Title: Executive – Accounts & Payroll

Location: Bengaluru, India

Reports To: Head of Division / Finance Head / HQ Finance Team

Position Overview

The role is responsible for managing payroll processing, statutory compliance, employee benefits accounting, and reimbursement management while ensuring accurate financial reporting to the Head Office (HQ). The position requires strong knowledge of Indian labor laws, accounting principles, and compliance frameworks such as PF, ESIC, Bonus, and Gratuity.

Key Responsibilities

• Process monthly payroll with accuracy and timeliness.
• Ensure proper calculation of salaries, deductions, bonuses, and incentives.
• Maintain payroll records and employee data.

• Handle compliance related to Provident Fund (PF), ESIC, Professional Tax (if applicable), and labour law filings.
• Ensure timely filing of returns and payments.
• Coordinate with consultants and government authorities when required.

• Manage Bonus and Gratuity calculations as per statutory norms.
• Maintain records for employee benefits and provisions.
• Ensure compliance with applicable labor laws.

• Verify and process employee reimbursements.
• Ensure proper documentation and approval workflows.
• Maintain accurate expense records for audit purposes.

• Record payroll and related entries in accounting systems.
• Reconcile payroll and statutory ledgers.
• Prepare periodic reports for HQ Finance Team.
• Assist in audits (internal & external).

• Maintain proper documentation for all statutory and payroll records.
• Ensure audit readiness and adherence to company policies.

Key Performance Indicators (KPIs)

• Strong knowledge of PF, ESIC, Bonus, Gratuity laws.
• Proficiency in accounting principles and payroll systems.
• Attention to detail and accuracy.
• Good communication and coordination skills.
• Ability to handle confidential information.

Qualifications

• Bachelor’s degree in Commerce / Finance (B.Com, M.Com preferred).
• Relevant certifications in Payroll or Labor Law (preferred).

Experience

• 3–5 years of experience in payroll, compliance, and accounting roles.

Job Category: Finance

Job Type: Full Time

Job Location: Bengaluru, India

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