Payroll Executive

About the Role:

We are looking for an Executive – Payroll & Compliance who will be primarily responsible for Full & Final (F&F) settlements, and support in payroll processing & statutory compliance as per labor laws. The ideal candidate should have knowledge of payroll practices, statutory deductions, and employee exit formalities.

Key Responsibilities

Full & Final (F&F) Settlement

• Manage end-to-end Full & Final settlement processing for employees exiting the organization
• Calculate gratuity, leave encashment, notice pay recovery, incentives, and other applicable dues
• Coordinate with HR, Finance, and other internal teams to ensure timely closure of F&F settlements
• Ensure compliance with company policies and statutory timelines

Payroll & Compliance

• Support monthly payroll processing and payroll verification activities
• Handle statutory compliance activities related to PF, ESI, PT, TDS, and other applicable labor laws
• Assist during statutory audits, inspections, and internal audit processes

Employee Data & Documentation

• Maintain accurate employee records and F&F-related documentation
• Resolve employee queries related to payroll, deductions, statutory benefits, and F&F settlements
• Ensure confidentiality, accuracy, and proper handling of payroll information

Eligibility & Qualifications

• Graduation in any discipline
• Experience Requirements:
• Executive: 1–3 years
• Senior Executive: 3–5 years (preferred)
• Prior experience in payroll processing and Full & Final settlements is mandatory

Skills & Competencies

• Practical experience in F&F calculations
• Good knowledge of payroll operations and statutory compliance
• Understanding of labor laws and payroll best practices
• Proficiency in MS Excel and payroll software/tools
• Strong attention to detail and accuracy
• Good communication and coordination abilities