pay roll executive

Greetings from Live Connections

Hiring for Executive Payroll

Job Description

Position Overview

Senior Associate Payroll role involves processing payroll operations, ensuring statutory compliance with Indian regulations, and supporting employees with payroll-related queries.

Location: Tin Factory, Bangalore

Key Responsibilities

Core Payroll Operations

• Process monthly payroll for employees accurately and in a timely manner
• Calculate wages, overtime pay, allowances, and various deductions
• Handle employee queries regarding payroll matters and resolve discrepancies promptly
• Maintain accurate payroll records and documentation, including employee earnings and deductions
• Manage payroll mailbox to ensure queries are answered timely and filed appropriately

Statutory Compliance

• Ensure compliance with Provident Fund (PF) regulations
• Manage Employee State Insurance (ESI) contributions
• Issue Form 16 to employees annually as proof of TDS deductions

Record Maintenance and Reporting

• Maintain comprehensive employee records including PAN, Aadhaar, and bank details
• Generate monthly and quarterly compliance reports
• Conduct regular reconciliation of payroll accounts
• Assist HR audits for the center

Collaboration and Support

• Support payroll reporting and analysis for business needs
• Assist with employee onboarding and termination processes

Required Qualifications

Education

• Preferred MBA (Finance/Accounts) or Graduate (Preferably B.Com)
• Knowledge of Indian accounting principles and practices

Experience

• 1 to 3 years of experience in payroll processing, preferably in Indian statutory compliance
• Experience handling payroll for large employee base preferred
• Prior experience with Indian payroll regulations and statutory requirements

Technical Skills

• Strong knowledge of Indian payroll statutory compliances: PF, ESI, TDS, Professional Tax, Gratuity
• Advanced Microsoft Excel skills for data analysis and reporting
• Understanding of Income Tax Act, Payment of Wages Act, and other relevant labor laws
• Knowledge of state-specific labor regulations

Core Competencies

• Exceptional attention to detail critical for accurate payroll calculations and compliance
• Strong analytical skills essential for data reconciliation and problem-solving
• Time management skills ability to meet strict monthly payroll deadlines
• Confidentiality handle sensitive employee information with integrity

Apply on Varalakshmi.Y@livecjobs.com

7995831110