Job Tittle - Payroll Specialist
Role Overview:
The Payroll Specialist will be responsible for managing the complete payroll cycle, ensuring timely salary processing, statutory compliance, and maintaining accurate employee records. The role requires coordination with HR, Finance, and external vendors.
Key Responsibilities:
- Process monthly payroll for employees, ensuring accuracy and timeliness
- Maintain and update payroll records including salaries, bonuses, deductions, and reimbursements
- Handle statutory compliance such as PF, ESIC, PT, TDS, and labour law requirements
- Coordinate with banks for salary disbursement and resolve payment-related issues
- Generate and share payslips, payroll reports, and MIS data
- Manage full & final settlements (F&F) for exiting employees
- Handle employee queries related to payroll, tax, and compensation
- Ensure compliance with company policies and regulatory requirements
- Work closely with HR and Finance teams for audits and reconciliations
Required Skills & Qualifications:
- Experience: 2–5 years in payroll processing
- Education: Bachelor's degree in Commerce, Finance, HR, or related field
Technical Skills:
- Strong knowledge of payroll processes and statutory compliance (PF, ESIC, PT, TDS)
- Experience with payroll software (Keka, GreytHR, Zoho Payroll, etc.)
- Proficiency in MS Excel (formulas, reports, data handling)
- Understanding of labour laws and tax regulations
Good-to-Have Skills:
- Experience in handling large employee base payroll
- Knowledge of audit and compliance processes
- Exposure to HRMS systems and automation tools