Senior Executive Human Resources
3 days ago
Position Title: Senior Executive - HR Payroll
Department: Human Resources
Level: Contractual (1 year)
Experience: 8- 12 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 a Senior Executive - HR Payroll, you will be responsible for overseeing and 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.
Please note - This job role is a 1-year contract under third-party payroll. Based on the candidate's performance, the contract may be extended, or the candidate may be transitioned to the company's payroll.
Key Responsibilities:
1. 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.
2. 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.
3. 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
4. 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.
5. 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.
6. Audits and Reviews:
- Conduct regular audits of payroll data to identify and rectify discrepancies.
- Collaborate with internal and external auditors during payroll audits.
7. System Management:
- Oversee the functionality of payroll systems, ensuring they meet organizational needs.
- Implement system updates and improvements to enhance efficiency.
8. Training and Development:
- Train HR and other relevant staff on payroll procedures and compliance.
- Provide guidance to employees on understanding their pay statements.
Qualifications:
- Bachelors/ Masters 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.
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