Payroll Compliance Specialist

1 day ago


Mumbai, Maharashtra, India Escon Elevators Full time
Job Title:

Payroll Compliance Specialist

About the Role:

We are seeking a highly skilled Payroll Compliance Specialist to join our team at Escon Elevators. As a key member of our HR department, you will be responsible for ensuring accurate payroll processing, compliance with labor laws, and maintaining employee records.

Responsibilities:
  • Payroll Management: Process and oversee the entire payroll cycle, including data collection, validation, calculation, and disbursement.
  • Statutory Compliance: Ensure adherence to statutory requirements, including PF, ESI, PT, LWF, Gratuity, Bonus Act, and other labor laws.
  • Employee Benefits Administration: Oversee the administration of employee benefits such as insurance, gratuity, and leave encashment.
  • Reporting and Documentation: Generate and present payroll and compliance reports to management for decision-making.
  • Process Optimization: Identify and implement improvements in payroll processes to enhance accuracy and efficiency.
Requirements:

To be successful in this role, you should have:

  • A Bachelor's or Master's degree in Commerce, Finance, HR, or related fields.
  • 8-10 years of hands-on experience in payroll processing and compliance management.
  • In-depth knowledge of payroll systems, statutory compliance, and labor laws.
  • Proficiency in Excel for payroll calculations, reporting, and reconciliation.
Salary:

The estimated salary for this role is ₹12,00,000 - ₹18,00,000 per annum, depending on experience and qualifications.



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