Payroll Specialist
1 day ago
Role & responsibilities
Payroll Management:
• Oversee end-to-end payroll processing for on-roll, contractual, and consultant
employees across all business units.
• Ensure timely disbursement of salaries, full & final settlements, and variable
payouts.
• Validate salary inputs such as attendance, incentives, bonuses, reimbursements,
and deductions before payroll closure.
• Review and approve payroll reconciliations and reports.
Compliance & Statutory Regulations:
• Ensure 100% compliance with statutory laws including PF, ESI, PT, Income Tax,
LWF, and Gratuity.
• Liaison with internal and external auditors to facilitate payroll audits.
• File timely returns (Form 24Q, PF returns, etc.) and ensure adherence to labor
laws and statutory timelines.
Process Improvement & Automation:
• Identify gaps and drive automation of payroll processes to improve accuracy and
efficiency.
• Collaborate with IT and HRIS teams for system enhancements (SAP, Workday,
or any ERP tool used).
Employee Taxation & Queries:
• Oversee annual tax planning, declaration verification, and Form 16 generation.
• Address and resolve employee payroll and tax-related queries within defined
SLAs.
Team Management:
• Lead and mentor a team of payroll executives and analysts.
• Ensure periodic training and upskilling of the payroll team on compliance
changes and systems.
Qualifications & Experience:
• Education: MBA (HR/Finance) or PG in HR/Finance; specialization in
Payroll/Statutory compliance preferred.
• Tools: Proficiency in payroll software SAP and MS Excel is a must.
Key Skills:
• Strong understanding of payroll processes, taxation, and labor law compliance.
• Analytical mindset with attention to detail.
• Stakeholder management (Finance, HR, Legal, Business Heads).
• Excellent communication and leadership skills.
• Ability to work under tight deadlines and maintain confidentiality.
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