Position Title: Senior Executive - HR Payroll Department: Human Resources
Level: Full time
Experience: 10- 12 years
Qualifications: Graduate/Postgraduate Location: Mumbai
Shifts: 11:00 am to 9:00 pm (candidate should be flexible to work as per the business requirement)
Job Overview:
As a Senior Executive - HR Payroll, you will be responsible for overseeing and managing the payroll functions within the organization. This role requires a strong understanding of payroll processes, compliance with relevant regulations, and effective communication skills to collaborate with various departments.
Key Responsibilities:
1.Payroll Processing:
Manage end-to-end payroll processing, ensuring accurate and timely disbursement of salaries.
Review and validate payroll data, including timekeeping, benefits, and deductions.
2.Compliance:
Stay abreast of local, state, and federal payroll regulations to ensure compliance.
Implement changes in payroll processing systems as needed to adhere to new regulations.
Compliance – Internal and Statutory (PF, PT, ESIC, Labour welfare, Bonus etc) compliances.
3.Database Management:
Maintain and update employee payroll records, ensuring accuracy and confidentiality.
Implement and manage changes related to employee status, tax withholdings, and other payroll-related data, accurate employee database, e-employee records, employee files, Employee Record Keeping / Database Updation and Management
4.Communication and Support:
Act as a point of contact for employees regarding payroll-related inquiries.
Collaborate with HR teams to address payroll issues and provide support on related matters.
5.Reporting:
Generate and analyze payroll reports to support financial and HR-related decision- making.
Prepare reports for management, detailing payroll costs, overtime, and other relevant metrics.
6.Audits and Reviews:
Conduct regular audits of payroll data to identify and rectify discrepancies.
Collaborate with internal and external auditors during payroll audits.
7.System Management:
Oversee the functionality of payroll systems, ensuring they meet organizational needs.
Implement system updates and improvements to enhance efficiency.
8.Training and Development:
Train HR and other relevant staff on payroll procedures and compliance.
Provide guidance to employees on understanding their pay statements.
Qualifications:
- Bachelor’s/ Master’s degree in Human resources, Finance, or a related field.
- Proven experience in payroll management, preferably in a leadership role.
- In-depth knowledge of payroll regulations, tax laws, and compliance requirements.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Proficient in using payroll software and other relevant tools.
Attributes:
- Attention to detail and accuracy.
- Ability to maintain confidentiality and handle sensitive information.
- Strong organizational and time-management skills.
- Team player with the ability to collaborate across departments.
- Adaptability to evolving payroll regulations and technologies.
- The HR Payroll Manager plays a critical role in ensuring the accurate and compliant
- processing of payroll, contributing to the overall success of the organization and the well- being of its employees.
The Job responsibilities of the candidate shall include but not limited to the Job Description & to perform any other tasks/functions as required by the Company.
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