Payroll Executive

**Payroll Executive**

**Key Responsibilities**:

- **Payroll Processing**:

- Manage end-to-end payroll processes, ensuring accurate calculation of wages, overtime, bonuses, and deductions.
- Process payroll for permanent, contractual, employees, adhering to industry and legal standards.
- **Compliance Management**:

- Ensure payroll practices comply with local labor laws, tax regulations, and shrimps industry-specific guidelines.
- Handle statutory deductions like provident fund, ESI, gratuity, and other employee benefits.
- **Data Management**:

- Maintain and update employee payroll records, including attendance, hours worked, leaves, and benefits.
- Use payroll software or ERP systems to automate and streamline payroll activities.
- **Time and Attendance Oversight**:

- Monitor timekeeping systems to ensure accurate attendance tracking for all shifts.
- Address discrepancies in attendance data and resolve related issues.
- **Audits and Reconciliation**:

- Conduct regular audits of payroll processes to ensure accuracy and compliance.
- Reconcile payroll accounts and address discrepancies promptly.
- **Employee Support**:

- Handle employee queries related to salary, deductions, and tax implications.
- Educate employees on payroll processes, benefits, and compliance.
- **Coordination with HR Payment process**:

- Collaborate with HR for updates on employee status, including new hires, terminations, and promotions.
- Work with the finance department to ensure accurate funding for payroll disbursement.
- **Policy Implementation**:

- Develop and implement payroll policies that align with company objectives and industry best practices.
- Stay updated on changes in labor laws and integrate them into payroll operations.
- **Special Payroll Considerations**:

- Manage payroll adjustments for shift-based work, overtime, and performance-based incentives.
- Oversee seasonal payroll demands, especially during peak production periods.

**Key Challenges**:

- Handling payroll for a large, diverse workforce, including seasonal and contractual employees.
- Managing overtime calculations and variable pay components.
- Adhering to strict deadlines while ensuring 100% accuracy.

**Qualification**:

- B Com with MBA HR with 3-4 Years of experience.

Pay: ₹25,000.00 - ₹35,000.00 per month

Ability to commute/relocate:

- Bapatla, Andhra Pradesh: Reliably commute or planning to relocate before starting work (required)

Application Question(s):

- How soon you can join ?

**Education**:

- Master's (required)

**Experience**:

- Payroll executive: 3 years (required)

**Language**:

- English (required)

**Location**:

- Bapatla, Andhra Pradesh (preferred)

Work Location: In person