A Payroll Executive is responsible for processing employee salaries accurately and on time, maintaining payroll records, ensuring statutory compliance, and handling employee payroll-related queries.
Key Responsibilities
- Process monthly payroll for employees.
- Maintain employee salary records and attendance data.
- Calculate salaries, incentives, bonuses, overtime, deductions, and reimbursements.
- Ensure compliance with PF, ESIC, PT, TDS, and other statutory regulations.
- Prepare salary slips and payroll reports.
- Coordinate with HR and Finance teams for employee data updates.
- Handle full & final settlements for exiting employees.
- Resolve employee payroll queries and discrepancies.
- Maintain confidentiality of payroll information.
- Assist during audits and payroll reconciliations.
Required Skills
- Knowledge of payroll processing and statutory compliance.
- Familiarity with payroll software such as SAP, Zoho Payroll, GreytHR, or Excel.
- Robust numerical and analytical skills.
- Attention to detail and accuracy.
- Good communication and problem-solving skills.
- Ability to handle confidential information responsibly.