
Senior Payroll Specialist
4 days ago
Location: Mumbai Goregoan
Key Responsibilities
Payroll Management
Process monthly payroll for all employees ensuring accuracy in salary computation, deductions, and allowances.
- Maintain and update employee payroll records, attendance, and leave data.
Handle new joiner, transfer, and exit payroll adjustments.
Compliance & Statutory Requirements
Calculate and process statutory deductions (PF, ESI, TDS, Professional Tax, etc.).
- File statutory returns and ensure compliance with applicable labor laws and regulations.
Coordinate with finance and HR teams for audit requirements and statutory inspections.
Data & Reporting
Prepare payroll reports (monthly, quarterly, yearly) for management review.
- Maintain accurate records of payroll transactions for audit purposes.
Reconcile payroll with accounting records.
Employee Support
Address payroll-related queries from employees in a timely manner.
- Issue payslips, tax computation statements, and other payroll-related documents.
Qualifications & Skills
- Education: Bachelors degree in Commerce, HR, Accounting, or related field.
- Experience:7-10 years of payroll processing experience (preferred in [industry, if applicable]).
Technical Skills:
Proficiency in payroll software (e.g., SAP, Oracle, ADP, greytHR, etc.).
Strong MS Excel skills (VLOOKUP, Pivot Tables, formulas).
Knowledge:
Understanding of payroll processes, statutory deductions, and compliance requirements.
Familiarity with labor laws and tax regulations.
Soft Skills:
Strong attention to detail and accuracy.
- Excellent communication and problem-solving skills.
- High level of confidentiality and integrity.
Key Performance Indicators (KPIs)
- Accuracy rate in payroll processing.
- Timely disbursement of salaries.
- Compliance with statutory filing deadlines.
- Employee satisfaction with payroll support.
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