We are looking for a detail-oriented Payroll Specialist to manage end-to-end Indian payroll operations, ensure accurate and timely salary processing, and maintain compliance with applicable Indian labour laws and statutory requirements. The ideal candidate should have hands-on experience in payroll processing, statutory deductions, payroll reconciliation, and government compliance.
Key Responsibilities
- End-to-End Payroll Processing: Manage monthly payroll, including salary calculations, variable pay, bonuses, overtime, leave adjustments, reimbursements, and full and final settlements.
- Statutory Compliance: Ensure timely and accurate compliance with applicable regulations relating to Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT), Labour Welfare Fund (LWF), Tax Deducted at Source (TDS), and other applicable statutory requirements.
- Government Filings and Payments: Manage statutory challans, returns, filings, employee declarations, and related documentation within prescribed deadlines.
- Taxation and Employee Benefits: Manage payroll tax calculations, income tax declarations, proof verification, Form 16 coordination, and tax regime-related adjustments.
- Payroll Reconciliation: Reconcile payroll data with bank statements, accounting records, and statutory reports to ensure accuracy.
- Employee Lifecycle Management: Process salary revisions, new joiner and exit payroll, arrears, leave encashment, bonuses, and final settlements.
- Payroll Systems: Maintain employee payroll records and salary structures in HRMS/payroll software and ensure accurate employee master data.
- Audit and Documentation: Maintain payroll registers, statutory records, payslips, and supporting documents for internal and external audits.
- Compliance Updates: Track changes in applicable central and state labour laws, tax regulations, minimum wage requirements, and statutory contribution rules.
- Employee Support: Respond to employee queries related to salary, payslips, tax deductions, reimbursements, and statutory benefits.
- Confidentiality: Ensure payroll data is handled securely and employee compensation information remains confidential.
Required Qualifications and Experience
- Bachelor's degree in Accounting, Finance, Commerce, Human Resources, or a related field.
- Minimum 2+ years of hands-on experience in Indian payroll processing and statutory compliance.
- Strong knowledge of Indian payroll taxation and applicable labour laws.
- Practical experience managing PF, ESI, PT, LWF, TDS, and other applicable statutory deductions and filings.
- Experience with payroll software or HRMS platforms such as Keka, RazorpayX Payroll, Zoho Payroll, greytHR, or similar systems.
- Proficiency in Microsoft Excel, including payroll calculations, reconciliation, and reporting.
- Strong attention to detail, numerical accuracy, and deadline management.
- Ability to maintain confidential records and coordinate effectively with employees, finance teams, auditors, and external consultants.
Preferred Qualifications
- Experience managing payroll across multiple Indian states.
- Knowledge of payroll audits, statutory inspections, and compliance documentation.
- Experience handling payroll for a growing or multi-entity organization.
- Familiarity with accounting systems and payroll-to-finance reconciliation.
What We're Looking For
A proactive and dependable professional who can independently manage payroll operations, maintain statutory compliance, identify discrepancies, and ensure employees are paid accurately and on time.
Compensation: ₹7-10 LPA, depending on experience and expertise.