Payroll Specialist/Payroll Executive

Techwave Consulting; Hyderabad; On-site; INR 400,000 - 600,000; Full time

Job summary

Techwave Consulting in Hyderabad is seeking a meticulous Payroll Executive / Payroll Specialist with 2–3 years of payroll experience to manage end-to-end payroll processing and compliance.

You will coordinate with HR and Finance, handle payroll records, audits, MIS reports, and resolve employee queries while maintaining confidentiality and accuracy.

Job description

Job Description Payroll Executive / Payroll Specialist

Experience: 2-3 Years
Location: Hyderabad
Employment Type: Full-Time

Role Overview

We are looking for a detail-oriented and process-driven Payroll Executive / Payroll Specialist with 2-3 years of relevant experience in payroll administration. The role will be responsible for managing end-to-end payroll processing, statutory compliance, payroll records, employee query resolution, MIS reporting, payroll audits, and coordination with HR, Finance, and employees to ensure accurate and timely payroll execution.

Key Responsibilities

• Process monthly payroll accurately and within defined timelines, ensuring adherence to internal payroll calendars and approval workflows.
• Validate attendance, leave records, loss of pay, overtime, incentives, reimbursements, deductions, and other payroll inputs before payroll processing.
• Maintain and update employee salary structures, payroll records, statutory details, bank information, and payroll-related documentation with accuracy and confidentiality.
• Ensure compliance with statutory requirements including PF, ESI, PT, TDS, gratuity, bonus, and other applicable payroll and labor law regulations.
• Process Full and Final settlements for exiting employees in coordination with HR Operations, Finance, and business teams.
• Prepare payroll reports, reconciliation statements, variance reports, and MIS dashboards for management and internal review.
• Coordinate with HR, Finance, Compliance, and employees for payroll inputs, clarifications, approvals, and payroll-related queries.
• Handle employee queries related to salary, payslips, tax deductions, reimbursements, benefits, and payroll timelines in a timely and professional manner.
• Support payroll audits, statutory filings, compliance documentation, and internal control requirements.
• Ensure confidentiality, accuracy, and integrity of payroll data and employee compensation information at all times.

Required Skills

• Strong knowledge of end-to-end payroll processing, statutory compliance, payroll reconciliation, and employee payroll lifecycle activities.
• Good understanding of Indian payroll regulations, taxation, labor laws, PF, ESI, PT, TDS, and related statutory requirements.
• Hands-on experience in payroll software or HRMS platforms such as Workday, SAP, ADP, Oracle, or similar systems will be an added advantage.
• Advanced Excel skills, including VLOOKUP, Pivot Tables, data validation, reconciliations, and MIS reporting.
• Strong numerical ability, analytical mindset, attention to detail, and problem-solving skills.
• Excellent communication, coordination, and stakeholder management skills.
• Ability to handle confidential payroll data with integrity and professionalism.

Required Qualifications

• Masters degree in Commerce, Finance, Human Resources, Business Administration, or a related field.
• 23 years of relevant experience in payroll administration, preferably in an IT/ITES or technology services organization.
• Experience handling payroll for mid-size to large employee populations is preferred.

Preferred / Added Advantage

• Experience in end-to-end payroll processing, statutory compliance, payroll audits, and payroll reconciliation.
• Exposure to IT/ITES payroll processes and employee lifecycle coordination.
• Experience with HRMS/ERP systems such as Workday, SAP, ADP, or Oracle will be an added advantage.
• Ability to prepare payroll dashboards, MIS reports, and leadership-ready payroll summaries.