Payroll Executive

VitalityBSS; Navi Mumbai; On-site; INR 550,000 - 900,000; Full time

Job summary

VitalityBSS in Navi Mumbai seeks a Senior Payroll Executive to manage end-to-end payroll processing, ensuring timely salary disbursement and statutory compliance. You will handle inputs, attendance, deductions, and payroll queries while maintaining confidentiality of employee salary data.

The role requires coordinating with HR and Accounts, preparing payroll MIS, and ensuring accuracy in PF, ESIC, PT, TDS, and other statutory records. Prior experience in Indian payroll is essential.

Qualifications

• Experience in end-to-end monthly payroll processing.
• Knowledge of Indian payroll components (PF, ESIC, PT, TDS, LWF) and statutory deductions.
• Ability to maintain data confidentiality and handle payroll queries.

Responsibilities

• Manage the end-to-end monthly payroll processing for employees.
• Collect, verify, and process payroll inputs including attendance, leave, overtime, incentives, deductions, new joiners, exits, and salary revisions.
• Ensure accurate calculation of salary and statutory deductions (PF, ESIC, PT, TDS, LWF).
• Handle Full & Final settlements for separated employees.
• Coordinate with HR and Accounts for payroll-related activities and salary disbursement.
• Maintain payroll records and confidentiality of salary information.
• Prepare monthly payroll reports, MIS, reconciliation statements, and other management reports.
• Review payroll discrepancies and resolve salary-related queries promptly.
• Ensure timely submission/maintenance of PF, ESIC, PT, TDS, and other records.
• Coordinate with external consultants, auditors, and statutory authorities.
• Support payroll audits and provide documentation/reports.
• Maintain employee master data for joins/transfers/increments/exits.

Skills

Payroll processing

Attention to detail

Statutory compliance

Communication skills

Job description

Job Summary

We are looking for an experienced and detail-oriented Senior Payroll Executive to manage the end-to-end payroll process, ensuring accurate and timely salary processing while maintaining compliance with applicable statutory requirements. The candidate will be responsible for payroll inputs, attendance and leave validation, statutory deductions, payroll reports, and employee payroll queries.

Key Responsibilities

• Manage the end-to-end monthly payroll processing for employees.
• Collect, verify, and process payroll inputs including attendance, leave, overtime, incentives, deductions, new joiners, exits, and salary revisions.
• Ensure accurate calculation of salary, PF, ESIC, Professional Tax (PT), TDS, LWF, and other applicable statutory deductions.
• Handle Full & Final (F&F) settlements for separated employees.
• Coordinate with HR and Accounts teams for payroll-related activities and salary disbursement.
• Maintain accurate payroll records and ensure confidentiality of employee salary information.
• Prepare and maintain monthly payroll reports, MIS, reconciliation statements, and other management reports.
• Review payroll discrepancies and resolve employee salary-related queries promptly.
• Ensure timely submission and maintenance of PF, ESIC, PT, TDS, and other statutory compliance records.
• Coordinate with external consultants, auditors, and statutory authorities whenever required.
• Support payroll audits and provide necessary documentation and reports.
• Maintain employee master data and ensure timely updates for new joiners, transfers, promotions, increments, and exits.
• Assist in preparing salary structures, CTC calculations, increment and appraisal-related payroll inputs.
• Ensure compliance with company policies and applicable labour laws.
• Identify payroll process gaps and suggest improvements to increase accuracy and efficiency.