Payroll Executive

1 month ago


Mumbai, India Electromech Engineering Company Full time

**Roles and Responsibilities**

Responsible for the end-to-end process of Payroll, Comp & Ben and Monthly MIS reports.
- HR dashboard creation for consumption by senior stakeholders including Management Committee reviews, HR leadership teams.
- This process will involve consolidation of data from different HR teams, ensuring data hygiene, accuracy, timeliness of data inputs.
- It will entail analysis and reporting critical HR metrics including Headcount, Attrition, Diversity, Recruitment etc., on a regular frequency (monthly/quarterly), along with servicing requests received from time-to-time from other relevant/senior stakeholders.
- Leads the process on variable pay provisioning to provide an accurate estimate of the variable pay spends in the company.
- Ensure accurate and timely processing of payroll updates including new hires, terminations, and changes to minimum wages.
- Prepare and maintains accurate records and reports of payroll transactions.
- Ensure compliance with statutory laws and best practices.
- Facilitate audits by providing records and documentation to auditors. Identifies and recommends updates to payroll processing software, systems, and procedures.
- Provide support on all compensation & benefits processes including but not limited to generation of increment and other compensation letters, calculations including maintenance of permanent & contractual salaries, benefits administration and policy updates, maintenance of relevant documentation across these processes, resolving any queries around benefits, creation and maintenance of master MIS files for leadership, transfer letters generation, calculation and disbursement related process of salaries etc.
- Administer Query resolution related to payroll, PF, ESIC and full and final settlements.
- Coordinate with external vendor/agencies to run the compliance process for unit HR.
- Responsible for multiple MIS reports and Analytics regarding manpower, payroll and employee benefits with Standardization of reports for better decision making.
- Verification & Reconciliation of monthly payroll, manpower, attrition data.

**Job Types**: Full-time, Regular / Permanent

**Salary**: ₹45,000.00 - ₹55,000.00 per month

**Benefits**:

- Cell phone reimbursement

Schedule:

- Day shift

Supplemental pay types:

- Performance bonus

Application Question(s):

- Current Salary -?
- Expected Salary - ?
- Notice Period - ?
- Which area / station you stay in Mumbai - ?

**Experience**:

- 5 to 8 years in Payroll & Compliance (preferred)

Work Location: One location


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