Payroll Specialist – Salary Processing

5 days ago

tamil nadu, India SM - Beverages ( British Empire ) Full time

Key Responsibilities:Payroll Processing:Manage full-cycle payroll processing for all employees (monthly/bi-weekly, etc.).Ensure compliance with statutory requirements such as tax, EPF, ESIC, gratuity, and other deductions.Handle payroll inputs such as attendance, bonuses, leaves, and overtime.Prepare payroll reports and coordinate disbursements with finance or banks.Address and resolve payroll discrepancies or employee queries.Compliance & Documentation:Maintain up-to-date records of payroll transactions and employee compensation.Ensure payroll processes comply with local labor laws and tax regulations.File necessary payroll returns and coordinate with auditors as needed.Profit Analysis & Cost Tracking:Analyze payroll-related expenses and contribute to labor cost forecasting.Work with the finance team to evaluate the impact of salary payouts on company profitability.Support budgeting and forecasting activities related to human resources.Monitor variances in payroll expenses and recommend cost optimization opportunities.Process Improvement:Assist in the implementation or enhancement of payroll software systems.Suggest and implement improvements to payroll and reporting processes.Ensure data accuracy, confidentiality, and security of payroll information.Requirements:Bachelor's degree in Finance, Accounting, HR, or related field.Proven experience (2–5 years) as a Payroll Specialist or similar role.Strong knowledge of payroll practices, tax regulations, and compliance laws.Proficiency in payroll software (e.g., SAP, ADP, Tally, Zoho Payroll, etc.).Advanced Excel skills and ability to analyze large datasets.Excellent attention to detail, analytical thinking, and organizational skills.Strong communication and problem-solving abilities.Preferred Qualifications:Experience in working with multi-state or international payroll (if applicable).Exposure to financial reporting or profit & loss (P&L) analysis.Certifications such as CPP (Certified Payroll Professional) or related.Compensation:Competitive salary based on experience and qualifications.Performance-based bonuses or incentives.Additional benefits: [Health insurance, Provident Fund, Leaves, etc.]We are looking for immediate JoinersContact No : ,sent Cv Resumes whatsapp .Job Type: Full-timePay: ₹45,000.00 per monthBenefits:Cell phone reimbursementInternet reimbursementLeave encashmentPaid time offWork from homeWork Location: In person

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