
Payroll Specialist
1 week ago
Payroll Specialist
Job Description:The role involves the accurate and timely processing of payroll for employees. Key responsibilities include preparing salary revision letters, generating employee profiles in ERP systems, and ensuring compliance with Indian labor laws.
Key Responsibilities:- Process monthly payroll ensuring accuracy and timeliness.
- Prepare salary revision letters to communicate new salary structures.
- Generate and maintain employee profiles in ERP systems.
- Ensure compliance with PF, ESI, Professional Tax, LWF, and other statutory deductions.
- Perform periodic reconciliation between the salary register and accounting records.
- 3 to 4 years of experience in payroll processing, accounting, or finance.
- Strong understanding of salary components, salary revision cycle, and restructuring salary packages.
- Proficiency in MS Excel and payroll software.
- In-depth knowledge of statutory compliance related to TDS, PF, ESI, and other statutory deductions.
- Experience in salary audits, Form 16 issuance, and reconciliation of payroll with accounting records.
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