Payroll Executive

23 hours ago


Mulund Mumbai Maharashtra, India Opt4solution pvt ltd Full time

**Job Description for Payroll Executive: -**

Designation - Payroll Executive

Job location - Mulund

Salary - 25k to 30k

Experience - 3 - 4 years

**Job description: -**
- Collect daily, weekly or monthly attendance of factory employees
- Calculate bonuses and allowances
- Prepare employees’ compensation/ salary by the end of each month using payroll software ( Spine )
- Schedule bank payments or hand out paychecks directly to employees
- Distribute payment statements and gather signed receipts (digital or paper)
- Report on payroll expenses
- Ensure wages and tax with holdings comply with regulations
- Documentation
- Answer questions about compensation, benefits, taxes and insurance deductions ( Handle all grievances at HO and factory level )
- Prepare Full and Final of employees who have left
- Leave calculation

**Skills: -**

Proficient in Advanced MS Excel, including VLOOKUP, HLOOKUP, and Pivot Tables for payroll data analysis and reporting.

Hands-on experience with Spine HRMS software for payroll processing and employee record management.

Skilled in attendance management and leave tracking for factory and office employees.

Experienced in calculating salary components such as bonuses, allowances, deductions, and preparing Full & Final settlements.

Knowledge of statutory compliance related to wages, tax with holdings, and benefits administration.

Pay: ₹300,000.00 - ₹360,000.00 per year

Schedule:

- Day shift

Application Question(s):

- Have you handled payroll of more than 400-500+ employees?
- Have you worked in manufacturing company?
- Do you have experience in Spine HRMS software for payroll processing and employee record management?

Work Location: In person


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