Payroll Executive

1 month ago


Vile Parle Mumbai Maharashtra, India Kanakia Spaces Reality Pvt.Ltd. Full time

**Responsibilities**
- Collect daily, weekly or monthly timesheets
- Calculate bonuses and allowances
- Prepare employees’ compensation by the end of each month using payroll software
- Schedule bank payments or hand out paychecks directly to employees
- Distribute payment statements and gather signed receipts (digital or paper)
- Report on payroll expenses
- Ensure wages and tax withholdings comply with regulations
- Enter new employees’ data (e.g. bank accounts and tax identification numbers) into internal databases
- Answer questions about compensation, benefits, taxes and insurance deductions
- Manage certain time bound processes and ensure validation of data to be accurate and truthful i.e. Investments declaration, Form 16s, Tax Returns
- Ensuring time lines are met for salary disbursement and statutory compliance.
- Ensuring Employee Benefits including Employee reimbursements as per rules and regulations of income tax.
- Calculation and deposit of monthly liability of TDS on salaries
- Preparation & Submission of Quarterly and Annual TDS returns
- Responsible of publishing monthly Payroll Dashboard
- Ensure Monthly payroll provisions to Finance

Requirements and skills
- Proven work experience as a Payroll Officer, Compliance officer or similar role
- Hands-on experience with HRIS and accounting software
- Strong math skills with an ability to spot numerical errors
- Good knowledge of labor legislation
- Time-management skills
- Ability to handle confidential information.

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

**Salary**: ₹500,000.00 - ₹600,000.00 per year

**Benefits**:

- Cell phone reimbursement
- Health insurance
- Paid time off
- Provident Fund

Schedule:

- Day shift

Supplemental pay types:

- Yearly bonus

Work Location: In person


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