Payroll Specialist

Fresenius Group; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

Fresenius Group in Bengaluru, India is seeking an experienced payroll professional to manage end-to-end payroll processing and statutory compliance. The role covers attendance, biometric data, salary calculations, deductions, and benefits administration, ensuring accurate and timely disbursal.

The candidate will maintain payroll records, generate monthly compliance reports, and support audits while adapting to evolving payroll regulations, including PF, ESIC, PT, LWF and tax requirements.

Qualifications

• MBA or PG in HR is required.
• Experience in end-to-end payroll processing.
• Knowledge of PF/ESI/PT/LWF, and TDS statutory compliances.
• Payroll handling for 1000+ employees.
• MS Excel and MIS reporting skills.
• Ability to architect strategy with technical and analytical skills.
• Strong active listening, coordination and presentation abilities.
• Willingness to adapt to payroll regulation changes.

Responsibilities

• Oversee end-to-end payroll processing and related records.
• Monitor attendance systems, biometric data, and leave records.
• Prepare payroll inputs, salary calculations, deductions, and benefits.
• Compile monthly attendance and leaves for payroll accuracy.
• Ensure timely salary disbursal and payroll reporting.
• Generate statutory returns for ESIC, PF, IT, and related acts; tax filings.
• Maintain employee records and monthly expense sheets.
• Ensure compliance with labour laws and tax regulations; audits support.

Skills

MBA / HR

End-to-end payroll

Statutory payroll compliance

Payroll for 1000+ employees

MS Excel / MIS reporting

Strategic/analytical thinking

Active listening & coordination

Global payroll exposure (nice to have)

Education

MBA or Postgraduate with degree in Human Resource

Tools

MS Office Suite / Advanced Excel

Payroll systems knowledge

Job description

• Qualification: MBA or Postgraduate with degree in Human Resource.
• Top Skills & Proficiencies:
• Experience in handling end to end Payroll.
• Knowledge of statutory compliances relating to Payroll like PF/ ESI/ PT/ LWF, and TDS is required.
• Having experience of processing payroll of more than 1000 employees.
• Good command over Microsoft Office Suite including advance excel.
• Ability to architect strategy along with technical and analytical skills.
• Excellent active listening, coordination, and presentation skills
• Ability to adapt to changing payroll regulations and implement necessary updates
• Work experience in Global setup is good to have
• Excellent skill in Excel and MIS reporting

• Payroll Administration:
• Oversee & monitoring the Employee attendance systems, biometric data, and leave records.
• Preparation of end-to-end payroll, processing the consolidated inputs, attendance of employees, salary calculations, deductions, and benefits administration.
• Compile monthly attendance and leave records for accurate payroll processing.
• Ensuring the correct and accurate timely salary disbursal.
• Preparing payroll reports, including income tax returns and provident fund filling, ESIC.
• Conducting regular payroll audits and ensuring compliance with Indian labour laws, tax regulations and statutory requirements.
• Maintaining accurate employee records, including attendance, leaves, and personal information.
• Prepare, monitor, and distribute monthly expense sheets for the concerned employee units.
• Maintain meticulous records of statutory compliance.
• Ensure that compensation practices are following current legislation
• Statutory Compliance:
• Generate monthly ESIC and PF challans and ensure timely payments & remittance.
• Possess in-depth knowledge of payroll compliance regulations, including PF, ESIC, Professional Tax, and LWF, as well as statutory returns for Gratuity, Maternity, and Bonus act.
• Address and resolve employees' daily queries related to PF and ESIC.
• Responsible for ensuring all the necessary Statutory compliance are adhered too.
• Salary Management:
• Manage employee salary records, encompassing advance salary, leave, TDS, and other relevant components.
• Conduct thorough salary cost analysis.
• Issuance of Form16 to the EEs – annual basis

Supporting the Internal Audit team for the accurate and smooth Annual & Qtrly Audits.