Payroll Executive

23 hours ago

Nagpur, Maharashtra, India Menschen Consulting Pvt. Ltd. Full time ₹ 2,50,000 - ₹ 7,50,000 per year

Role Overview

The Payroll Executive will be responsible for ensuring accurate and timely processing of employee salaries, statutory compliance, payroll reconciliations, and coordination with HR & finance teams. The role requires strong analytical skills, attention to detail, and hands-on experience with payroll software/HRMS.

Key Responsibilities

1. Payroll Processing

  • Manage end-to-end monthly payroll for all employees.
  • Validate attendance, leaves, overtime, variable pay, and incentives.
  • Maintain accurate employee records including joining, exit, transfers, and salary revisions.
  • Ensure timely disbursement of salaries.

2. Statutory Compliance

  • Handle PF, ESIC, PT, LWF, Bonus, Gratuity and other statutory deductions.
  • Prepare and file statutory returns (PF, ESI challans, PT, TDS etc.).
  • Keep track of latest statutory and tax-related updates.

3. HRMS & Documentation

  • Manage HRMS payroll module and ensure data accuracy.
  • Generate payslips, salary statements, and payroll MIS reports.
  • Maintain confidentiality and secure storage of payroll data.

4. Coordination & Support

  • Coordinate with HR, Finance, and Auditors for payroll-related data.
  • Address employee queries related to salary, payslips, deductions, and income tax.
  • Assist in yearly activities like full & final settlement, increments, and tax declarations.

5. Audit & Reporting

  • Conduct monthly payroll reconciliation.
  • Support internal and external audits by providing required data.
  • Prepare monthly payroll MIS, variance analysis, and cost sheets.

Required Skills & Qualifications

  • Bachelor's degree in Commerce, HR, or related field.
  • 4–10 years of experience in payroll processing.
  • Strong knowledge of PF, ESIC, PT, TDS, and other statutory requirements.
  • Hands-on experience with payroll software (SAP, GreytHR, Keka, Zoho, etc.).
  • Good MS Excel skills (VLOOKUP, Pivot Table, basic formulas).
  • High attention to detail, accuracy, and confidentiality.

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