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Senior Executive
4 months ago
Position Title: Senior Executive – HR Payroll
Department: Human Resources
Level: Full time
Experience: 6+ years
Qualifications: Graduate/Postgraduate
Location: Mumbai
Shifts: 11:00 am to 9:00 pm (candidate should be flexible to work as per the business requirement)
Job Overview:
As the HR Payroll executive, you will be responsible for managing the payroll functions within the organization. This role requires a strong understanding of payroll processes, compliance with relevant regulations, and effective communication skills to collaborate with various departments.
Key Responsibilities:
Payroll Processing:
- Manage end-to-end payroll processing, ensuring accurate and timely disbursement of salaries.
- Review and validate payroll data, including timekeeping, benefits, and deductions.
Compliance:
- Stay abreast of local, state, and federal payroll regulations to ensure compliance.
- Implement changes in payroll processing systems as needed to adhere to new regulations.
- Compliance – Internal and Statutory (PF, PT, ESIC, Labour welfare, Bonus etc) compliances.
Database Management:
- Maintain and update employee payroll records, ensuring accuracy and confidentiality.
- Implement and manage changes related to employee status, tax withholdings, and other payroll-related data, accurate employee database, e-employee records, employee files, Employee Record Keeping / Database Updation and Management
Communication and Support:
- Act as a point of contact for employees regarding payroll-related inquiries.
- Collaborate with HR teams to address payroll issues and provide support on related matters.
Reporting:
- Generate and analyze payroll reports to support financial and HR-related decision-making.
- Prepare reports for management, detailing payroll costs, overtime, and other relevant metrics.
Audits and Reviews:
- Conduct regular audits of payroll data to identify and rectify discrepancies.
- Collaborate with internal and external auditors during payroll audits.
System Management:
- Oversee the functionality of payroll systems, ensuring they meet organizational needs.
- Implement system updates and improvements to enhance efficiency.
Training and Development:
- Train HR and other relevant staff on payroll procedures and compliance.
- Provide guidance to employees on understanding their pay statements.
Qualifications:
- Bachelor’s/ Master’s degree in human resources, Finance, or a related field.
- Proven experience in payroll management, preferably in a leadership role.
- In-depth knowledge of payroll regulations, tax laws, and compliance requirements.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Proficient in using payroll software and other relevant tools.
Attributes:
- Attention to detail and accuracy.
- Ability to maintain confidentiality and handle sensitive information.
- Strong organizational and time-management skills.
- Team player with the ability to collaborate across departments.
- Adaptability to evolving payroll regulations and technologies.
- The HR Payroll Manager plays a critical role in ensuring the accurate and compliant processing of payroll, contributing to the overall success of the organization and the well-being of its employees.
The Job responsibilities of the candidate shall include but not limited to the Job Description & to perform any other tasks/functions as required by the Company.