Payroll Specialist

Mahalakshmi Profiles; Hyderabad; On-site; INR 300,000 - 520,000; Full time

Job summary

Mahalakshmi Profiles seeks an experienced Payroll Specialist to manage end-to-end payroll processing and ensure timely salary disbursement with accuracy. You will verify attendance, deductions and inputs while ensuring statutory compliance and payroll data integrity.

Collaboration with HR and Finance is essential to input, reconcile, and report payroll metrics. Prior experience with HRMS/Payroll software is preferred, and confidentiality is mandatory.

Qualifications

• MBA/PGDM HR, M.Com, B.Com, or equivalent qualification.
• Candidates with experience in manufacturing, steel, engineering or plant HR payroll preferred.

Responsibilities

• Manage end-to-end monthly payroll processing for employees.
• Verify attendance, leave, overtime, incentives, deductions and other payroll inputs.
• Ensure accurate calculation of gross salary, net salary, statutory deductions and other components.
• Handle payroll-related PF, ESI, PT, TDS and other statutory compliances.
• Coordinate with HR and Finance teams for payroll inputs, salary processing and reconciliation.
• Maintain accurate payroll records and employee salary-related data.
• Prepare payroll reports, salary statements, MIS and other HR/payroll reports.
• Handle employee queries related to salary, deductions, payslips and payroll processing.
• Ensure timely generation and distribution of salary slips.
• Coordinate with statutory authorities and support payroll audits whenever required.
• Ensure compliance with applicable labour and statutory regulations.
• Work closely with the HRMS/payroll software team for system updates, employee master data and payroll processing.
• Identify and resolve payroll discrepancies and ensure proper documentation.

Skills

Payroll processing

Statutory compliance

Attendance data

HRMS software

Excel proficiency

Data confidentiality

Education

MBA/PGDM HR

M.Com

B.Com

Equivalent qualification

Tools

HRone

Keka

GreytHR

Job description

Role & responsibilities

Job Description

We are looking for an experienced Payroll Specialist to manage end-to-end payroll processing and ensure accurate and timely salary processing for employees.

Key Responsibilities

• Manage end-to-end monthly payroll processing for employees.
• Verify attendance, leave, overtime, incentives, deductions and other payroll inputs.
• Ensure accurate calculation of gross salary, net salary, statutory deductions and other components.
• Handle payroll-related PF, ESI, Professional Tax, TDS and other statutory compliances.
• Coordinate with HR and Finance teams for payroll inputs, salary processing and reconciliation.
• Maintain accurate payroll records and employee salary-related data.
• Prepare payroll reports, salary statements, MIS and other HR/payroll reports.
• Handle employee queries related to salary, deductions, payslips and payroll processing.
• Ensure timely generation and distribution of salary slips.
• Coordinate with statutory authorities and support payroll audits whenever required.
• Ensure compliance with applicable labour and statutory regulations.
• Work closely with the HRMS/payroll software team for system updates, employee master data and payroll processing.
• Identify and resolve payroll discrepancies and ensure proper documentation.

Required Skills

• Strong knowledge of Payroll Processing and Statutory Compliance.
• Good understanding of PF, ESI, PT, TDS and labour-related compliances.
• Experience in handling attendance, leave and overtime data.
• Good knowledge of Excel and HRMS/Payroll software.
• Strong analytical and reconciliation skills.
• Good communication and coordination skills.
• Ability to maintain confidentiality of employee salary and personal information.
• Hands-on experience in HRMS/Payroll applications such as HRone, Keka, GreytHR, or similar payroll and HR management platforms is preferred.

Qualification

MBA/PGDM HR, M.Com, B.Com, or equivalent qualification.

Preferred Experience

Candidates with experience in manufacturing, steel, engineering or plant HR payroll will be preferred.