HR Specialist

Job Description Job Title: HR Specialist (Payroll & Operations) Reporting To: HR Head About Finnovate: Finnovate is a holistic financial planning and wealth tech advisory platform. We are passionate about transforming the way Indians get personal finance advice. Our team is dedicated to providing comprehensive financial solutions that cater to the unique needs of our clients. Location: Mumbai - Andheri / Wadala Employment Type: Full time Key Responsibilities: We are seeking a detail-oriented and experienced HR Specialist - to manage end-to-end payroll processes and support HR operations. The ideal candidate should have hands-on experience with Zoho Payroll and the ability to handle payroll with accuracy and confidentiality while also assisting with day-to-day HR and operations activities. Payroll Management (60%) Manage and process monthly payroll accurately through Zoho Payroll. Ensure timely disbursement of salaries and reimbursements. Maintain compliance with statutory requirements such as PF, ESIC, PT, LWF, Income Tax, and Gratuity. Prepare and reconcile payroll reports, salary registers, and TDS statements. Handle full & final settlements, bonus calculations, and annual increments. Manage employee expense reimbursements and ensure timely processing and compliance. Coordinate with Finance for payroll accounting and audits. Maintain confidentiality and accuracy of employee payroll data. HR Operations (40%) Support in employee onboarding and exit formalities. Maintain employee records and HR databases. Assist in leave and attendance management. Support statutory audits and documentation. Coordinate with internal teams for HR operational requirements and compliance activities. Contribute to process improvements and automation within HR operations. Co-ordinate for internal training's & other activities as & when required. Should be willing to travel to branch locations as & when required Requirements Bachelor’s degree in Commerce, HR, or a related field. 2–4 years of experience in payroll and HR operations. Hands-on experience with Zoho Payroll is mandatory. Experience managing employee reimbursements and expense claims. Strong understanding of Indian payroll compliance and statutory laws. Proficiency in MS Excel and HR software. Excellent attention to detail, time management, and communication skills. Years of Experience: Minimum of 2 years of experience in payroll management Benefits Health Insurance: Coverage including options for dependents. Paid Time off: Vacation days and holidays, allowing employees to take time off while still receiving pay. Parental Leave: Paid time off for new parents, including maternity, paternity, and adoption leave. Professional Development: Opportunities for training, workshops, conferences to support employees' career growth. Recognition and Incentives: Performance-based variable pay or recognition programs to reward employees for their contributions. Company Events and Celebrations: Company outings, team- building activities for bonding between team members Employee Recognition Programs: Awards, incentives, or bonuses for outstanding performance or tenure. Employee Referral Programs: Bonuses or incentives for referring qualified candidates who are hired by the company. Requirements Bachelor’s degree in Commerce, HR, or a related field. 2–4 years of experience in payroll and HR operations. Hands-on experience with Zoho Payroll is mandatory. Experience managing employee reimbursements and expense claims. Strong understanding of Indian payroll compliance and statutory laws. Proficiency in MS Excel and HR software. Excellent attention to detail, time management, and communication skills. Years of Experience: Minimum of 2 years of experience in payroll management