Payroll Executive

Job Title: Payroll Executive / Associate
Department: Risk & Compliance and Payroll
Reports To: Payroll Manager
Experience Required: 2 – 3+ years
Employment Type: Full-time

Role Overview:

SBS Global (www.sbs-global.com) incorporated in 2006 and based out of Bangalore India, is an ISO 9001:2015 and 27001:2013 certified company offering a comprehensive range of Financial Services and HR Solutions for organizations across the globe.  The organization offers specialized services related to Financial Accounting and Advisory for India based entities, US and EMEA Tax & Accounting, Virtual CFO, Outsourced Compliance and Company Secretarial services to small, medium and large organizations across different industry sectors. Our clients spread across India, Americas, Europe and Rest of Asia Pacific are supported by certified and experienced personnel.  In addition, SBS Global supports organizations in setting up their Indian entities with Resident Director Services, Statutory Audit, Transfer Pricing and Registered Office services

We are looking for a detail-oriented and experienced Payroll Executive / Associate to manage end-to-end payroll operations and statutory compliance. The ideal candidate will have hands-on experience with payroll software such as GreytHR or Zoho Payroll, and will ensure timely, accurate, and compliant payroll processing while serving as a liaison between HR, Finance, and employees.

Key Responsibilities:

Payroll Processing:

• Manage end-to-end payroll processing including data collation, calculation, disbursement, and reporting.

• Validate attendance and leave data to ensure accuracy in payroll computation.

• Operate payroll systems (preferably GreytHR or Zoho Payroll) for efficient processing and documentation.

Compliance and Reporting:

• Stay updated with changes in labor laws, tax regulations, and statutory requirements (Income Tax, Provident Fund, ESI, Professional Tax).

• Ensure statutory compliance by filing monthly/quarterly returns and reports as per applicable laws.

• Ensure timely preparation and distribution of Form 16 and other statutory forms.

Record Maintenance:

• Maintain comprehensive and confidential employee payroll records, including earnings, deductions, and benefits.

• Ensure accurate updating of master data for new hires, exits, and payroll changes.

Benefits Administration:

• Administer payroll-linked benefits such as group insurance, gratuity, NPS, and other employee welfare schemes.

• Coordinate with vendors for employee benefits enrolments, changes, and claims.

Employee Support & Communication:

• Address employee queries related to salaries, deductions, tax declarations, and payslips.

• Collaborate with HR and Finance departments to resolve discrepancies or escalations.

Auditing and Reconciliation:

• Perform regular audits of payroll records to ensure accuracy and policy compliance.

• Reconcile payroll payments, tax deductions, and statutory filings.

Process Improvement:

• Continuously evaluate and improve payroll processes for efficiency and compliance.

• Recommend best practices for automation and streamlining.

Training and Documentation:

• Train employees on the use of payroll portals (e.g., ESS modules of GreytHR or Zoho).

• Document payroll procedures and updates to standard operating procedures.

Candidate Requirements:

• Bachelor's degree in HR, Finance, Accounting, or a related field (preferred).

• 2 – 3+ years of relevant experience in payroll processing and statutory compliance.

• Preferred experience working on GreytHR and/or Zoho Payroll.

• Strong knowledge of Indian payroll laws and statutory requirements.

• Proficiency in Microsoft Excel and payroll systems.

• High level of accuracy, discretion, and data integrity.

• Strong analytical and problem-solving skills.

• Excellent communication and interpersonal abilities.

• Ability to work independently and manage multiple deadlines.

Interested Candidates Contact HR Srusti - 9538343587

• It is a Full Time Recruiter / HR / Admin job for candidates with 2 - 4 years of experience.

More about this Payroll Executive job

1. What is the eligibility criteria to apply for this Payroll Executive job?
   Ans: The candidate should be Graduate and above and above with 2 - 4 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹33000 - ₹40000 per month that depends on your interview. It's a Full Time job in Bangalore.
3. How many working days are there for this Payroll Executive job?
   Ans: This Payroll Executive job will have 5 working days.
4. Are there any charges applicable while applying or joining this Payroll Executive job?
   Ans: No, there is no fee applicable for applying this Payroll Executive job and during the employment with the company, i.e., SBS GLOBAL.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Payroll Executive role?
   Ans: There is an immediate opening of 20 Payroll Executive at SBS GLOBAL
7. Who can apply for this job?
   Ans: Both Male and Female candidates can apply for this Recruiter / HR / Admin job.
8. What are the timings of this Payroll Executive job?
   Ans: This Payroll Executive job has 09:00 सुबह - 06:00 शाम timing.