Senior Executive Payroll ( immediate joining )

Chembond Chemicals Ltd.; Navi Mumbai; On-site; INR 495,000 - 605,000; Full time

Job summary

Chembond Chemicals Ltd. in Navi Mumbai is looking for a Senior Executive Payroll for immediate joining. The role involves processing monthly payroll for over 800 employees, ensuring compliance with payroll regulations, and coordinating with third-party contractors.

The ideal candidate will manage salary structures, conduct payroll audits, and provide accurate payroll data. Responsibilities also include maintaining detailed records, preparing MIS reports, and managing increment and bonus cycles.

Qualifications

• Experience in payroll processing and compliance for a large number of employees.
• Strong analytical skills for payroll auditing and reporting.
• Knowledge of IT rules regarding investment documents.

Responsibilities

• Process monthly payroll for over 800 employees.
• Coordinate with third-party contractors for salary processing.
• Maintain employee records in payroll software.

Job description

Senior Executive Payroll ( immediate joining )

6

550000

Job Description

Monthly payroll processing on payroll software, checking payroll inputs, CTC structuring, ensuring Payroll Compliance for 800+ employees. Coordination with third-party contractors for monthly salary processing and compliance. Update minimum wage revisions on payroll system and CTC structuring as per minimum wage statewise circulars. Assist in payroll auditing by providing payroll data during audits and to ensure accurate and complete information in payroll systems. Verify investment documents provided by employees as per IT rules. Calculations of full and final settlements and coordination with HR, admin and accounts teams for timely FNFs of exit cases. Managing increment/bonus cycle: checking and implementation of annual increments. Maintaining the detailed schedule of loans and advances to employees and ensuring timely deductions from salary. Preparing monthly MIS reports on payroll cost, headcount report for the company and providing comments against variances. Processing the monthly reimbursements of expenses. Propose solutions when information is needed or errors occur in payroll system. Maintain and update employee related records in payroll software.

Education Qualifications

Behavioural Profile