Payroll Executive

Job Summary:

The Payroll Executive is responsible for managing all aspects of stipend processing, ensuring accurate and timely stipend disbursements, compliance with statutory regulations, and handling article stipend-related queries and manage audit.

Key Responsibilities:

• Process end-to-end stipend for articles on monthly basis.
• Validate attendance, leaves, incentives, and deductions for accurate stipend calculations.
• Ensure timely deposit of stipend.
• Maintain stipend records and ensure data integrity.
• Prepare stipend reports for management and audit purposes.
• Coordinate with HR, Finance, Principles and external auditors as needed.
• Respond to article queries regarding stipend payment and deductions.
• Ensure timely processing and payment of principle invoices and maintain reconciliation of invoices processed and pending.
• Ensure confidentiality and security of stipend data.
• Keep up to date with changes in payroll laws and practices.

Qualifications & Experience:

• Bachelor's degree in Commerce, Accounting, HR, or a related field.
• 2-5 years of experience in payroll processing.
• Experience with HRMS or payroll management tools is preferred.
• Basic knowledge of applicable labor laws and taxation will be an added advantage.