Payroll Executive

Payroll Processing

• End-to-End Processing: Manage the full payroll cycle (monthly/bi-weekly), ensuring employees are paid accurately and on time.

• Calculations: Compute gross-to-net earnings, including overtime, bonuses, commissions, and statutory deductions (TDS, PF, ESI, or local equivalents).

• Time & Attendance: Monitor and verify timekeeping data, leaves, and absences before finalizing pay runs.

• Disbursements: Coordinate direct deposits, manage manual checks when necessary, and issue digital payslips.

2. Compliance & Taxation

• Statutory Filings: Prepare and file monthly, quarterly, and annual payroll tax returns in accordance with federal and state laws.

• Regulatory Updates: Stay current with changes in labor codes, minimum wage laws, and tax regulations to ensure 100% organizational compliance.

• Audit Support: Act as the primary point of contact for internal and external payroll audits, providing necessary documentation and reports.

3. HR Operations & Systems

• HRIS Management: Maintain and update employee records in the Human Resources Information System (HRIS) (e.g., ADP, Workday, SAP).

• Onboarding/Offboarding: Handle payroll setup for new hires and calculate final settlements (gratuity, notice pay, leave encashment) for exiting employees.

• Benefits Liaison: Manage deductions for health insurance, retirement plans (401k/PF), and other voluntary benefits.

4. Reporting & Analytics

• Generate detailed payroll reports for management, including labor cost analysis and budget vs. actual variance reports.

• Prepare year-end documents (like W2s or Form 16s) for employee tax filing.

• It is a Full Time Recruiter / HR / Admin job for candidates with 6 months - 3 years of experience.