
Payroll Specialist
2 days ago
Jubilee Hills, Telangana, India
Torios Solar
Full time
₹ 3,60,000 per year
We are looking for a detail-oriented and experienced Payroll Specialist to manage end-to-end payroll operations, ensure statutory compliance, and provide accurate payroll-related support to employees. The ideal candidate should have strong knowledge of payroll processes, HRMS systems, and Indian statutory laws.
Job description
Roles & Responsibilities:
- Ensure timely and accurate processing of payroll across all locations/entities.
- Manage complex pay structures, arrears, variable pay, reimbursements, and bonuses.
- Accurate deduction and deposit of PF, ESI, TDS, PT, LWF, and other statutory contributions.
- File monthly/quarterly/annual statutory returns on time (PF, ESI, Income Tax, etc.).
- Keep track of labor law updates and ensure compliance.
- Process payroll inputs for new hires, exits, promotions, transfers, and salary revisions.
- Handle full & final settlements (F&F) including gratuity, leave encashment, and notice pay.
- Maintain accurate employee master database for payroll.
- Coordinate with Finance for salary disbursement, journal entries, and GL reconciliation.
- Ensure error-free bank transfers and accounting records.
- Prepare payroll MIS and analytical reports for management.
- Act as the SPOC for employee payroll queries.
- Provide clarity on payslips, tax deductions, investment proofs, and CTC structure.
- Support internal, external, and statutory audits.
- Ensure zero non-compliance or penalties.
- Maintain payroll documentation for audit trails.
- Optimize payroll processes using HRMS/ERP systems.
- Suggest improvements for reducing manual errors and improving efficiency.
- Drive digitization of payroll and compliance records
Key Skills & Competencies
- Strong knowledge of Indian payroll laws & statutory compliance.
- Proficiency in MS Excel and HRMS/payroll software.
- Analytical and detail-oriented with strong problem-solving skills.
- Ability to handle confidential information with integrity.
Qualifications
- Bachelor's degree in Commerce / HR / Finance (MBA in HR/Finance preferred).
- Min 0-5 years of proven experience in payroll processing and compliance.
Job Types: Full-time, Permanent
Pay: Up to ₹30,000.00 per month
Benefits:
- Health insurance
- Provident Fund
Application Question(s):
- Years of exp in end-to-end payroll processing
- Are you familiar with Indian statutory compliances like PF, ESI, PT, TDS, and Gratuity?
- Which payroll or HRMS software have you worked on?
- What is the maximum employee headcount for which you have processed payroll?
- Notice
Work Location: In person