Key Responsibilities / Duties

Payroll Management : (70%)

- Sole Custodian of the employee master (of all entities – on HRMS and manual); regular updation of the same
- Execute monthly payroll through an outsourced partner; manage leaves/attendance through the HRMS system and prepare monthly input sheets for payroll execution.
- Checking & verifying calculations of monthly salary registers with input sheet and processing the same.
- Managing Income Tax at source – calculated through the system
- Managing Salary disbursement Online process of multiple entities.
- Managing Statutory payments related to salary - Coordinating with the accounts team for the same (TDS, profession tax, Provident Fund, ESIC &
- MWMF)
- Coordinate with the statutory consultant for generating PF challan/ ESIC challan and cross-checking it with salary register &
- FNF statements
- Coordinate with Banks and internal HR team for current joinee bank accounts
- Release staff loans with proper approvals, prepare staff loan file, and also deduct monthly salary advance.
- Coordinate with internal teams for approvals of retention/ performance/ assured bonus payout as and when applicable and payout of the same.
- Verify Full & final statements and coordinate with Ex- Employees for approval and final disbursement as per process
- Generate ad-hoc reports to analyze payroll data / audit-related data, maintaining MIS as required
- Generate monthly salary statements & update the salary budget statement.
- Reconciliation of Payroll &
- Auditing
- Ensuring smooth online functioning of the investment and proof collection process online
- Collecting Flexi-reimbursement claims from eligible employees and preparing an input file for submission to Payroll partners every month-end.




- Checking Flexi-reimbursement registers with input and processing them.
- Quarterly 24Qs reconciliation with payroll partners (TDS) and internal accounts Team
- Managing Annual filings –(Posh/ Bonus/ Maternity)

Employee Life cycle Management: (30%)

- Ensuring all salary-related paperwork is received for all new joiners (Coordinating with internal HR team –
- HRMS onboarding is complete)
- Issuing Offer Letters/ Appointment letters/ confirmation letters/ relieving letters as per set process and timelines
- Assisting Head HR in performance appraisal master updating and letter issuance
- Being the SPOC for all HRMS/ Payroll related queries for employees

Education/Technical Skills

- Should be a graduate from Accounting / Finance / Commerce faculty
- Strong computer proficiency, including Microsoft Office Suite and advanced MS Excel skills.
- Should have min 4 years of experience on an HRMS system for employee lifecycle and payroll management

Work Experience / Knowledge

- Minimum 4 years of work experience in handling Payroll accounting.
- Knowledge of Indian Accounting Principles and taxation guidelines.
- Knowledge of Statutory Compliances related to Payroll
- Experience in using accounting software packages to process and report transactions
- Practical knowledge of accruals accounting, including preparing journals for accruals and pre-payments.

Skills / Other Attributes Required

- Accurate approach with attention to detail
- Proactive with a positive outlook and willingness to embrace change
- Should be a team player
- Ambitious and enthusiastic for continuous learning
- Smart time management & working skills

Work Location: Nariman Point, Mumbai Work Timing: 9.30 am to 6 pm, 1st Saturday Working

Skills: salary,advanced excel skills,accounting,payroll

📌 Payroll Specialist (Mumbai)
🏢 Crest Ventures
📍 Mumbai