Job Description – Payroll Executive
Job Title: Payroll Executive
Department: Human Resources (HR)
Location: Lower Parel
Experience: 1–4 Years
Employment Type: Full-Time
Job Overview
We are looking for a Payroll Executive to manage end-to-end payroll processing, statutory compliance, and employee salary-related activities. The ideal candidate should have strong knowledge of payroll systems, labor laws, and payroll compliances while ensuring timely and accurate salary disbursement.
Key Responsibilities
- Process monthly payroll accurately and within defined timelines.
- Maintain employee attendance, leave records, and payroll data.
- Calculate salaries, incentives, bonuses, overtime, deductions, and reimbursements.
- Prepare and process Full & Final (F&F) settlements for exiting employees.
- Ensure compliance with statutory regulations such as PF, ESIC, PT, LWF, TDS, and other applicable labor laws.
- Generate salary slips and payroll-related reports.
- Handle employee payroll queries and resolve discrepancies promptly.
- Coordinate with HR and Finance teams for payroll inputs and validations.
- Maintain payroll records and ensure confidentiality of employee information.
- Prepare monthly MIS reports and payroll reconciliation statements.
- Support audits and compliance requirements related to payroll.
Required Skills
- Strong knowledge of payroll processing and statutory compliances.
- Hands-on experience with payroll software/HRMS systems.
- Proficiency in MS Excel (VLOOKUP, Pivot Tables, Formulas, Data Analysis).
- Good understanding of labor laws and payroll regulations.
- Strong analytical, numerical, and problem-solving skills.
- Excellent attention to detail and accuracy.
- Good communication and interpersonal skills.
Qualification
- Bachelor's Degree in Commerce, Finance, Human Resources, or a related field.
- 1–4 years of experience in payroll processing and compliance.
- Experience handling payroll for medium to large employee headcount will be preferred.
Pay: ₹15,000.00 - ₹30,000.00 per month
Benefits:
- Paid sick time
- Paid time off
- Provident Fund
Experience:
- Payroll: 1 year (Preferred)
Work Location: In person
