Payroll Executive

3 weeks ago


Hyderabad Telangana, India Trustlab Diagnostics Pvt Ltd Full time

Processing Payroll: This involves calculating employees' pay based on days worked, deductions, taxes and relevant benefits.
- Maintaining Payroll records: A payroll specialist maintains accurate records of all payroll transactions, including employee earnings, taxes and deductions.
- A Payroll splecialist calculates and ensure the ontime payment of all payroll related taxes.
- Performing end-to-end payroll processing and administration
- Calculating and verifying employee salaries, benefits, and deductions in accordance with company policies, employment contracts, and legal regulations
- Ensuring timely and accurate data entry of payroll information, including employee details, timesheets, and attendance records, to maintain precise payroll records
- Responding promptly to employee inquiries and concerns regarding their payroll
- Generating payroll reports, such as payroll summaries, tax reports, and labor cost analyses
- Assisting in payroll tax calculations, deductions, and submissions to ensure compliance with local, state, and federal tax regulations, Statutory Compliance like EPF, ESI, PT and TDS.
- Conducting regular audits and verifications of payroll data to identify and rectify any inaccuracies and discrepancies
- Supporting the implementation and integration of new payroll systems or upgrades
- Participating in process improvement initiatives
- Building and maintaining positive relationships with payroll service providers and vendors
- Collaborating closely with the HR and Finance teams to exchange relevant payroll information and resolve payroll-related issues
- Staying updated with the latest payroll regulations, tax laws, and labour standards

Qualification: Graduation/MBA-HR/MHRM

Gender: Male

Pay: ₹25,000.00 - ₹28,000.00 per month

**Benefits**:

- Provident Fund

Schedule:

- Day shift

**Experience**:

- total work: 3 years (preferred)

Work Location: In person


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