A Payroll Executive manages the end-to-end processing of employee salaries, ensuring accuracy, compliance with labor laws, and timely disbursement. Key duties include managing attendance records, calculating deductions (taxes, benefits), filing statutory returns, handling full and final settlements, and resolving payroll queries.
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Key Responsibilities
End-to-End Payroll Processing: Handling monthly salary calculations, including attendance monitoring, leave management, and overtime for all employees.
Statutory Compliance: Ensuring accurate deductions and payments for Taxes (TDS), Provident Fund (PF), Employee State Insurance (ESI), and Professional Tax (PT)
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Data Accuracy & Records: Maintaining employee records, updating payroll systems with new hires or terminations, and preparing payroll reports.
Disbursement and Settlements: Coordinating with finance for timely bank transfers and managing employee exit settlements (full and final).
Employee Support: Resolving salary queries, discrepancies, and providing tax-related documentation.
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