Senior Executive- Payroll

1 week ago

Mumbai, India Godrej Industries Group Full time

Role & responsibilitiesProcess payroll for employees on a regular basis, ensuring accuracy and timeliness. This includes calculating salaries, overtime, bonuses, deductions and full and final settlement of resigned employees etc.Maintain employee payroll data accurately in the payroll system, including new hires, terminations, changes in salary or benefits, and timekeeping records.Ensure compliance with all relevant legal regulations and tax laws related to salary processing.Prepare and submit payroll taxes and reports accurately and on time.Investigate and resolve payroll discrepancies and issues in a timely manner. Address employee queries regarding payroll matters professionally and promptly.Generate payroll reports as needed for management review, budgeting, and auditing purposes.Provide insights and analysis on payroll data as required.Maintain accurate and organized payroll records and files, ensuring confidentiality and security of sensitive information.Continuously evaluate payroll processes and identify opportunities for improvement in efficiency, accuracy, and compliance. Implement changes as approved.Preferred candidate profile:Education:Bachelors degree in accounting, Finance, Business Administration, or related field preferred.Strong understanding of payroll accounting, regulations, tax laws, and compliance requirements.Proficiency with payroll software and Microsoft Office Suite, particularly Excel.Excellent attention to detail and accuracy in data entry and calculations.Strong organizational and time management skills, with the ability to prioritize tasks effectively.Excellent communication and interpersonal skills, with the ability to work collaboratively in a team environment.Ready to work as an individual contributor.Experience:7 to 14 years of relevant experience and working as a payroll processor.Skills:Process payroll for employees on a regular basis, ensuring accuracy and timeliness. This includes calculating salaries, overtime, bonuses, deductions and full and final settlement of resigned employees etc.

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