Payroll Executive

**Job Description: Payroll Executive**

**Responsibilities**:

- Process and manage employee payroll, including salary calculations, deductions, bonuses, and overtime, in accordance with company policies and regulations.
- Maintain accurate records of employee attendance, leave balances, and timesheet data.
- Verify and process changes to employee information, such as new hires, terminations, promotions, and salary adjustments.
- Calculate and process statutory deductions, taxes, and other withholdings accurately and on time.
- Prepare and distribute paychecks, electronic transfers, or direct deposits to employees.
- Address employee inquiries regarding payroll, taxes, and benefits, providing clear and timely responses.
- Collaborate with finance and accounting teams to reconcile payroll accounts and resolve any discrepancies.
- Assist in preparing payroll-related reports for management and regulatory agencies as required.
- Stay informed about changes in labor laws, tax regulations, and other payroll-related regulations to ensure compliance.
- Work with the HR team to ensure accurate benefits administration and timely processing of employee benefits contributions.
- Contribute to the development and implementation of payroll policies and procedures.

**Qualifications**:

- Bachelor's degree in Human Resources, Accounting, Finance, or a related field (or equivalent experience).
- Proven experience as a Payroll Executive or in a similar payroll processing role.
- Proficiency in payroll software, spreadsheets, and financial software.
- Strong understanding of payroll calculations, tax regulations, and employment laws.
- Excellent attention to detail and accuracy in data entry and calculations.
- Strong analytical and problem-solving skills.
- Effective communication skills, both written and verbal.
- Ability to handle sensitive and confidential information with discretion.
- Strong organizational skills and ability to manage multiple priorities and deadlines.
- Familiarity with payroll compliance requirements and reporting.
- Professional certifications in payroll (e.g., Certified Payroll Professional) are a plus.

**Benefits**:

- Competitive compensation and benefits package.
- Opportunities for skill development and growth within the HR field.
- Collaborative and supportive work environment.
- Exposure to various aspects of HR and payroll administration.
- Contribution to accurate and compliant payroll processes.

**Salary**: ₹12,043.58 - ₹18,000.00 per month

**Benefits**:

- Provident Fund

Schedule:

- Day shift

Supplemental pay types:

- Performance bonus

Ability to commute/relocate:

- Nizamabad, Telangana: Reliably commute or planning to relocate before starting work (required)

**Experience**:

- total work: 2 years (preferred)