Payroll Executive

Godrej Properties; Mumbai; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Godrej Properties is seeking an India Payroll Processing Specialist to accurately process payroll for employees in compliance with company policies and government regulations. The role requires attention to detail, strong numerical skills, and a solid understanding of payroll procedures.

You'll manage payroll data, ensure tax compliance, respond to employee queries, produce reports for management and audits, and continuously improve processes while keeping sensitive information secure.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or related field preferred.
• 3-9 years of relevant experience and working as a payroll processor.
• Strong understanding of payroll accounting, regulations, tax laws, and compliance requirements.
• Proficiency with payroll software and Microsoft Office Suite, particularly Excel.

Responsibilities

• Process payroll for employees on a regular basis, ensuring accuracy and timeliness.
• Maintain employee payroll data accurately in the payroll system, including new hires, terminations, changes in salary or benefits, and timekeeping records.
• Ensure compliance with all relevant legal regulations and tax laws related to salary processing; prepare and submit payroll taxes and reports on time.
• Investigate and resolve payroll discrepancies and issues; address employee queries professionally.
• Generate payroll reports for management review, budgeting, and auditing purposes; provide insights on payroll data.
• Maintain confidential payroll records and files, ensuring security of sensitive information.
• Continuously evaluate payroll processes and implement approved improvements.

Skills

Payroll processing

Attention to detail

Data entry accuracy

Time management

Communication

Education

Bachelor's degree in accounting/finance

Tools

Payroll software

Excel

Job description

About The Role

The India Payroll Processing Specialist is responsible for accurately processing payroll for employees in compliance with company policies and government regulations. This role requires attention to detail, strong numerical skills, and a comprehensive understanding of payroll procedures.

Key Responsibilities

• Process payroll for employees on a regular basis, ensuring accuracy and timeliness. This includes calculating salaries, overtime, bonuses, deductions and full and final settlement of resigned employees etc.
• Maintain employee payroll data accurately in the payroll system, including new hires, terminations, changes in salary or benefits, and timekeeping records.
• Ensure compliance with all relevant legal regulations and tax laws related to salary processing. Prepare and submit payroll taxes and reports accurately and on time.
• Investigate and resolve payroll discrepancies and issues in a timely manner. Address employee queries regarding payroll matters professionally and promptly.
• Generate payroll reports as needed for management review, budgeting, and auditing purposes. Provide insights and analysis on payroll data as required.
• Maintain accurate and organized payroll records and files, ensuring confidentiality and security of sensitive information.
• Continuously evaluate payroll processes and identify opportunities for improvement in efficiency, accuracy, and compliance. Implement changes as approved.

Qualifications, Experience/Competencies

• Bachelor's degree in Accounting, Finance, Business Administration, or related field preferred.
• 3-9 years of relevant experience and working as a payroll processor.
• Strong understanding of payroll accounting, regulations, tax laws, and compliance requirements.
• Proficiency with payroll software and Microsoft Office Suite, particularly Excel.
• Excellent attention to detail and accuracy in data entry and calculations.
• Strong organizational and time management skills, with the ability to prioritize tasks effectively.
• Excellent communication and interpersonal skills, with the ability to work collaboratively in a team environment.
• Ready to work as an individual contributor.

Be an equal parent

Childcare benefits for the birthing parent, commissioning parent (in case of surrogacy) or adoptive parent, and their partners

• 6 months of paid leave for primary caregivers, flexible work options on return for primary caregivers
• 2 months paid leave for secondary caregivers
• Caregiver travel for primary caregivers to bring a caregiver and children under a year old, on work travel

Coverage for childbirth and fertility treatment

No place for discrimination at Godrej

Gender-neutral anti-harassment policy Same sex partner benefits at par with married spouses Coverage for gender reassignment surgery and hormone replacement therapy Community partnerships and advocacy Persons with Disability (PwD) care

We are selfish about your wellness

Comprehensive health insurance plans, as well as accident coverage for you and your family, with top-up options Elder care for those who might need to extend support to senior family members Preventative healthcare support Outpatient Department (OPD) coverage, including vaccinations, dental, vision, etc.Uncapped sick leave Flexible work options, including remote working and part-time work Mental wellness and self-care programmes, resources and counselling

Celebrating wins, the Godrej Way

Structured recognition platforms for individual, team and business-level achievements Digital and offline instant recognition platforms

An inclusive Godrej

Before you go, there is something important we want to highlight. There is no place for discrimination at Godrej. Diversity is the philosophy of who we are as a company. And it has been over a century. Its not just in our DNA and nice to do. Being more diverse - especially having our team members reflect the diversity of our businesses and communities - helps us innovate better and grow faster. We hope this resonates with you.We take pride in being an equal opportunities employer. We recognise merit and encourage diversity. We do not tolerate any form of discrimination on the basis of nationality, race, colour, religion, caste, gender identity or expression, sexual orientation, disability, age, or marital status and ensure equal opportunities for all our team members.