Payroll Specialist

• Qualification: MBA or Postgraduate with degree in Human Resource.

• Top Skills & Proficiencies:

• Experience in handling end to end Payroll.

• Knowledge of statutory compliances relating to Payroll like PF/ ESI/ PT/ LWF, and TDS is required.

• Having experience of processing payroll of more than 1000 employees.

• Good command over Microsoft Office Suite including advance excel.

• Ability to architect strategy along with technical and analytical skills.

• Excellent active listening, coordination, and presentation skills

• Ability to adapt to changing payroll regulations and implement necessary updates

• Work experience in Global setup is good to have

• Excellent skill in Excel and MIS reporting

• Payroll Administration:

• Oversee & monitoring the Employee attendance systems, biometric data, and leave records.

• Preparation of end-to-end payroll, processing the consolidated inputs, attendance of employees, salary calculations, deductions, and benefits administration.

• Compile monthly attendance and leave records for accurate payroll processing.

• Ensuring the correct and accurate timely salary disbursal.

• Preparing payroll reports, including income tax returns and provident fund filling, ESIC.

• Conducting regular payroll audits and ensuring compliance with Indian labour laws, tax regulations and statutory requirements.

• Maintaining accurate employee records, including attendance, leaves, and personal information.

• Prepare, monitor, and distribute monthly expense sheets for the concerned employee units.

• Maintain meticulous records of statutory compliance.

• Ensure that compensation practices are following current legislation

• Statutory Compliance:

• Generate monthly ESIC and PF challans and ensure timely payments & remittance.

• Possess in-depth knowledge of payroll compliance regulations, including PF, ESIC, Professional Tax, and LWF, as well as statutory returns for Gratuity, Maternity, and Bonus act.

• Address and resolve employees' daily queries related to PF and ESIC.

• Responsible for ensuring all the necessary Statutory compliance are adhered too.

• Salary Management:

• Manage employee salary records, encompassing advance salary, leave, TDS, and other relevant components.

• Conduct thorough salary cost analysis.

• Issuance of Form16 to the EEs – annual basis

Supporting the Internal Audit team for the accurate and smooth Annual & Qtrly Audits.