Payroll Executive

Job Description Payroll Executive

Company: Sembridge India Pvt. Ltd.

Location: Powai

Department: Finance & Payroll

Experience Required: 46 Years

Employment Type: Full-Time

Role Overview

We are looking for a detail-oriented and proactive Payroll Executive to manage end-to-end payroll operations while ensuring accuracy, statutory compliance, and timely salary processing. The ideal candidate should have hands-on experience in payroll management, statutory compliance, employee query resolution, and payroll reporting.

Key Responsibilities

• Process monthly payroll for employees accurately and within defined timelines
• Maintain and update employee salary records, incentives, bonuses, and deductions
• Ensure compliance with statutory regulations including PF, ESIC, Professional Tax (PT), TDS, and MLWF
• Prepare, verify, and process Full & Final settlements for exiting employees
• Generate salary slips, payroll summaries, and MIS reports
• Coordinate with the HR team for payroll inputs, approvals, and employee updates
• Handle employee payroll-related queries and resolve discrepancies efficiently
• Manage filing of Form 24Q independently and issuance of Form 16 to employees
• Maintain payroll documentation and ensure confidentiality of employee data

Required Skills & Qualifications

• Bachelors degree in commerce, Finance, HR, or related field
• 46 years of relevant payroll experience
• Strong understanding of Indian payroll processes and statutory compliance
• Good knowledge of payroll taxation and labor laws
• Proficiency in MS Excel and payroll reporting
• Basic knowledge of Accounting and TALLY is must
• Strong analytical, numerical, and problem-solving skills
• Good understanding of payroll software
• Good communication and coordination abilities

Added Advantage

• Working knowledge of Spine Technologies payroll software - Preferred Candidate Profile
• High attention to detail and accuracy
• Ability to handle confidential information responsibly
• Capable of managing payroll timelines under pressure
• Team player with a proactive approach toward process improvement