Payroll Executive

Sembridge; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

Sembridge in Mumbai seeks a detail-oriented Payroll Executive to manage end-to-end payroll operations, ensuring accuracy and timely salary processing.

You will handle monthly payroll, maintain salary records, and ensure statutory compliance with PF, ESIC, PT, TDS, and MLWF, while generating payroll MIS reports. 4–6 years of payroll experience and strong Excel skills are required; Spine Technologies payroll software knowledge is preferred.

Qualifications

• Bachelor’s degree in commerce, finance, HR or related field.
• 4–6 years of payroll experience in India.
• Strong understanding of Indian payroll processes and statutory compliance.
• Proficiency in MS Excel and payroll reporting.
• Basic knowledge of Accounting and TALLY.

Responsibilities

• Process monthly payroll for employees accurately and within defined timelines.
• Maintain and update employee salary records, incentives, bonuses, and deductions.
• Ensure compliance with statutory regulations including PF, ESIC, Professional Tax (PT), TDS, and MLWF.
• Prepare, verify, and process Full & Final settlements for exiting employees.
• Generate salary slips, payroll summaries, and MIS reports.
• Coordinate with the HR team for payroll inputs, approvals, and employee updates.
• Handle employee payroll-related queries and resolve discrepancies efficiently.
• Manage filing of Form 24Q independently and issuance of Form 16 to employees.
• Maintain payroll documentation and ensure confidentiality of employee data.

Skills

Payroll processing

Statutory compliance

MS Excel

TALLY

Payroll software

Data analysis

Communication

Attention to detail

Team coordination

Confidential handling

Education

Bachelor's degree in commerce/Finance/HR

Tools

Spine Technologies payroll software

Tally

General payroll software

Job description

We are looking for a detail-oriented and proactive Payroll Executive to manage end-to-end payroll operations while ensuring accuracy, statutory compliance, and timely salary processing. The ideal candidate should have hands-on experience in payroll management, statutory compliance, employee query resolution, and payroll reporting.

Key Responsibilities

• Process monthly payroll for employees accurately and within defined timelines
• Maintain and update employee salary records, incentives, bonuses, and deductions
• Ensure compliance with statutory regulations including PF, ESIC, Professional Tax (PT), TDS, and MLWF
• Prepare, verify, and process Full & Final settlements for exiting employees
• Generate salary slips, payroll summaries, and MIS reports
• Coordinate with the HR team for payroll inputs, approvals, and employee updates
• Handle employee payroll-related queries and resolve discrepancies efficiently
• Manage filing of Form 24Q independently and issuance of Form 16 to employees
• Maintain payroll documentation and ensure confidentiality of employee data

Required Skills & Qualifications

• Bachelor's degree in commerce, Finance, HR, or related field
• 4-6 years of relevant payroll experience
• Strong understanding of Indian payroll processes and statutory compliance
• Good knowledge of payroll taxation and labor laws
• Proficiency in MS Excel and payroll reporting
• Basic knowledge of Accounting and TALLY is must
• Strong analytical, numerical, and problem-solving skills
• Good understanding of payroll software
• Good communication and coordination abilities

Added Advantage

• Working knowledge of Spine Technologies payroll software - Preferred Candidate Profile
• High attention to detail and accuracy
• Ability to handle confidential information responsibly
• Capable of managing payroll timelines under pressure
• Team player with a proactive approach toward process improvement