Payroll Officer

Job Title: Payroll Officer

Experience: 2+ Years

Qualification: Bachelors Degree in Accounting / Finance

Job Summary:

We are seeking a detail-oriented Payroll Officer with 2+ years of experience in payroll processing and accounting. The ideal candidate should have hands-on experience in managing payroll operations, full and final settlements, audit requirements, and handling employee queries efficiently.

Key Responsibilities:

• Process end-to-end payroll on a monthly basis ensuring accuracy and timeliness
• Handle full and final settlements for resigned employees
• Maintain and update payroll records in compliance with company policies
• Prepare and analyze Headcount (HC) reports and variance reports
• Ensure proper payroll accounting entries, reconciliations, and GL mapping
• Respond to and resolve employee payroll-related queries
• Coordinate with HR and Finance teams for payroll inputs and validations
• Ensure compliance with statutory regulations and company policies
• Generate payroll reports for management review

Audit & Compliance Responsibilities:

• Support SOX, Internal and external payroll audits by providing required data and reports
• Maintain proper documentation and audit trails for all payroll transactions
• Ensure payroll processes comply with audit standards and internal controls
• Reconcile payroll data with financial records to ensure accuracy
• Identify and address discrepancies highlighted during audits
• Assist in implementation of audit recommendations and process improvements

Required Skills:

• Strong knowledge of payroll processing and payroll accounting
• Experience in full & final settlement procedures
• Understanding of audit requirements and internal controls
• Proficiency in MS Excel (pivot tables, VLOOKUP, basic formulas)
• Good analytical and problem-solving skills
• Strong attention to detail and accuracy
• Good communication skills