HR Payroll

1 week ago

Bengaluru, Karnataka, India Motherson Full time ₹ 8,00,000 - ₹ 12,00,000 per year

Job Title: HR - Payroll

Location: Bangalore (Whitefield)

Company: Motherson Health & Medical

Experience Required: 3-6 years

About Motherson Health & Medical

The Motherson Health and Medical (H&M) division was established with an aim to Positively Impact Human Lives Worldwide by leveraging our scalable manufacturing capabilities and the expertise of our team in the health and medical industry to deliver end-to-end solutions.

We operate through two distinct yet synergistic verticals:

(a) Products & Services and

(b) Contract Design & Manufacturing Organization (CDMO) serving global med-tech companies. Together, they form a comprehensive healthcare and med-tech platform driven by innovation, quality, and global scalability.

Our Products & Services vertical focuses on innovations in healthcare, combining advanced engineering, clinical relevance, and user-centric design.

  • Surgical
  • Wearable
  • Digital Health Solutions

Roles & Responsibilities

Payroll Management

  • Process monthly payroll for all employees in line with internal policies and statutory requirements
  • Validate attendance, leave data, variable components, and deductions before payroll closure
  • Coordinate with internal teams and external vendors for payroll-related activities
  • Handle full and final settlements
  • Manage insurance processes for employee's and the organisation

Statutory Compliance

  • Ensure timely filing and payment of statutory contributions such as PF, ESI, PT, LWF, and TDS
  • Prepare and submit monthly, quarterly, and annual statutory returns (e.g., Form 24Q, PF ECR, ESI returns)
  • Stay up to date on labor laws and compliance updates and ensure alignment
  • Coordinate with auditors and support compliance reviews or inspections

Reconciliation & Reporting

  • Reconcile payroll and statutory liabilities with accounts
  • Maintain accurate records and documentation for payroll and compliance audits
  • Generate MIS reports related to payroll, CTC break-up, tax workings, and statutory payments
  • Address employee queries related to salary, tax, and statutory deductions
  • Preparing budget and analysis of spends vs budgets
  • Monthly and quarterly reporting of financials
  • Co-ordinating with HR and finance on policies and processes

Qualifications & Skills:

  • Bachelor's degree in Commerce, Finance, or related field; MBA (HR/Finance) is a plus
  • 3–6 years of relevant experience in payroll, statutory compliance, and reconciliation
  • Hands-on experience with payroll software (SAP, Zoho, GreytHR, etc.)
  • Strong knowledge of Indian labor laws, Income Tax Act, and payroll processes
  • Advanced Excel skills and ability to work with large datasets
  • Attention to detail, analytical skills, and confidentiality

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