Senior Payroll Specialist

4 days ago


Mumbai, Maharashtra, India Flexability Hr Solutions Full time ₹ 8,00,000 - ₹ 12,00,000 per year

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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