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Payroll Executive

2 weeks ago

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

Job Title: Payroll Executive / Associate

Department: Risk & Compliance and Payroll

Reports To: Payroll Manager

Experience Required: 2 3+ years

Employment Type: Full-time

We are looking for a detail-oriented and experienced Payroll Executive / Associate to manage end-to-end payroll operations and statutory compliance. The ideal candidate will have hands-on experience with payroll software such as GreytHR or Zoho Payroll, and will ensure timely, accurate, and compliant payroll processing while serving as a liaison between HR, Finance, and employees.

Key Responsibilities:

Payroll Processing:

  • Manage end-to-end payroll processing including data collation, calculation, disbursement, and reporting.
  • Validate attendance and leave data to ensure accuracy in payroll computation.
  • Operate payroll systems (preferably GreytHR or Zoho Payroll) for efficient processing and documentation.

Compliance and Reporting:

  • Stay updated with changes in labor laws, tax regulations, and statutory requirements (Income Tax, Provident Fund, ESI, Professional Tax).
  • Ensure statutory compliance by filing monthly/quarterly returns and reports as per applicable laws.
  • Ensure timely preparation and distribution of Form 16 and other statutory forms.

Record Maintenance:

  • Maintain comprehensive and confidential employee payroll records, including earnings, deductions, and benefits.
  • Ensure accurate updating of master data for new hires, exits, and payroll changes.

Benefits Administration:

  • Administer payroll-linked benefits such as group insurance, gratuity, NPS, and other employee welfare schemes.
  • Coordinate with vendors for employee benefits enrolments, changes, and claims.

Employee Support & Communication:

  • Address employee queries related to salaries, deductions, tax declarations, and payslips.
  • Collaborate with HR and Finance departments to resolve discrepancies or escalations.

Auditing and Reconciliation:

  • Perform regular audits of payroll records to ensure accuracy and policy compliance.
  • Reconcile payroll payments, tax deductions, and statutory filings.

Process Improvement:

  • Continuously evaluate and improve payroll processes for efficiency and compliance.
  • Recommend best practices for automation and streamlining.

Training and Documentation:

  • Train employees on the use of payroll portals (e.g., ESS modules of GreytHR or Zoho).
  • Document payroll procedures and updates to standard operating procedures.

Candidate Requirements:

  • Bachelor's degree in HR, Finance, Accounting, or a related field (preferred).
  • 2 3+ years of relevant experience in payroll processing and statutory compliance.
  • Preferred experience working on GreytHR and/or Zoho Payroll.
  • Strong knowledge of Indian payroll laws and statutory requirements.
  • Proficiency in Microsoft Excel and payroll systems.
  • High level of accuracy, discretion, and data integrity.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal abilities.
  • Ability to work independently and manage multiple deadlines.

Interested Candidates can contact HR Srusti