Payroll Specialist

3 weeks ago

Indore, India Nway Technologies Pvt. Ltd Full time

Payroll Specialist

Location: Indore

Experience: 4 to 9 Years

Qualification: Graduate or Postgraduate in HR, Finance, Commerce, or related field.


About the Role:


We are looking for an experienced and detail-oriented Payroll Specialist to oversee payroll processing, ensure statutory compliance, and enhance ERP payroll functionalities. In this role, you will work closely with cross-functional teams to maintain accurate payroll records, resolve discrepancies, and provide outstanding client support. You will also be responsible for keeping the payroll system aligned with evolving regulations and best practices in India.


Key Payroll Processing & Support: Accurately process monthly payroll cycles, ensuring timeliness and error-free execution

- Compliance Management: Ensure strict adherence to Indian tax and labor laws, including TDS, GST, EPF, ESI, and Professional Tax (PT)

- System Management: Maintain and optimize HRIS/ERP payroll modules for efficiency and scalability

- Reporting & Analysis: Generate and review payroll reports, ensuring accuracy in payouts and statutory filings

- Discrepancy Resolution: Investigate and resolve payroll discrepancies in collaboration with relevant teams

- Client & Employee Support: Provide prompt responses to payroll-related queries with a focus on customer satisfaction

- Continuous Improvement: Proactively identify opportunities to enhance payroll processes, automation, and compliance practices

- Regulatory Awareness: Stay informed on changes in payroll legislation and industry trends, updating systems and processes & Skills:


- Graduate or Postgraduate degree in Human Resources, Finance, Commerce, or related field

- 4 to 9 years of hands-on experience in Indian payroll processing and statutory compliance

- Strong working knowledge of HRIS/ERP payroll modules

- Excellent understanding of Indian labor laws and statutory requirements

- Proficiency in payroll reconciliation, reporting, and process optimization

- Strong analytical and problem-solving skills with attention to detail

- Proficient in MS Excel and comfortable working with payroll-related software tools

- Exceptional communication and interpersonal Certified Payroll Professional (CPP) or equivalent certification

- Experience in ERP product enhancements related to payroll modules

- Exposure to payroll processing for multi-location or large-scale organizations

(ref:iimjobs.com)

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