Payroll Specialist

BricknBolt is a managed marketplace providing construction services. We are category creators and front-runners in space. We are solving one of the most complex business problems and creating an ecosystem of trust for the Stakeholders, Customers, Construction professionals, and Material vendors. Construction has been a highly unorganized and severely tech-deficit industry globally. We are just not trying to organize but disrupt the industry completely using technology and process - creating the playbook for the industry.

● Indian real estate is earmarked to be a $650 billion market in 2025 and a $1 trillion worth sector in 2030. With 85%+ construction still unorganized in India, Brick&Bolt is on a path to capture the massive and super-broken market using our technology and processes.

● Expanding to more than 12 cities in 15 months. With the Series A2 round, Brick&Bolt has raised a total of $16 million. Earlier Sequoia Surge, Foundamental, HDFC Capital Advisors Limited and Stride Ventures have invested in Brick&Bolt. In Jan 2023, we raised Series A2 Funding of $10million from Accel and Celesta Capital.

We are looking for a detail-oriented Payroll & Compliance Executive to manage end-to-end payroll processing and ensure statutory compliance. The role requires strong knowledge of labor laws, payroll systems, and accuracy in handling sensitive employee data.

Key Responsibilities

• Process monthly payroll for employees with high accuracy
• Handle salary structure, earnings, deductions, reimbursements, and final settlements (F&F)
• Maintain payroll records and ensure timely salary disbursement
• Manage attendance, leave, and variable inputs for payroll processing
• Coordinate with finance for salary transfers and reporting
• Ensure compliance with statutory regulations.
• Labor laws and Shops & Establishment Act
• Timely filing of returns and challans
• Handle audits related to payroll and compliance
• Address employee queries related to salary, tax, and deductions
• Provide payroll reports and tax declarations
• Assist employees with Form 16, investment proofs, etc.
• Generate MIS reports on payroll, compliance, and headcount
• Maintain documentation for audits and statutory inspections
• Ensure data confidentiality and accuracy

Key Skills & Requirements

• Strong knowledge of payroll processing and statutory compliance
• Hands-on experience with tools like Tally, Excel, or HRMS systems
• Understanding of Indian labor laws and taxation
• High attention to detail and data accuracy
• Good communication and problem-solving skills

Preferred Qualifications

• Bachelor's degree in Commerce, Finance, or HR
• Certification in payroll/compliance (optional but preferred)