Position Summary

India Payroll & Compliance specialist will be responsible for managing end-to-end payroll operations and ensuring strict regulatory compliance for Costco GCC in India. This role requires a meticulous approach to data validation, a deep understanding of Indian labor laws, and the ability to collaborate effectively with internal finance teams and external stakeholders.

Job Duties/Essential Functions:

Payroll Execution & Support:
Input Processing: Execute the end-to-end payroll cycle, including the creation and submission of inputs (variable pay, allowances, bonuses, and salary adjustments) for two monthly payroll runs
Data Validation: Perform rigorous checks and validation on salary pay register outputs to ensure 100% accuracy before payroll processing
Disbursement & Settlement: Facilitate timely salary disbursements, coordinate with finance for NPS remittances and PT inputs, and manage payslip upload confirmations
Variance Management: Conduct regular payroll variance reporting to identify and resolve discrepancies promptly
Year-End Operations:



Support year-end activities, including investment proof collection, tax computation updates, and Form 16 distribution coordination
Current Joiner Setup: Onboard current hires into payroll, including bank details, tax declarations and statutory enrolments (PF/ESI/UAN)
Full & Final Settlement: Process full-and-final settlements for exiting employees, including recoveries and gratuity computation
Payroll Vendor Coordination: Coordinate the outsourced payroll provider relationship, including service levels, accuracy, escalation and periodic review

Compliance Execution:
Statutory Filing: Execute monthly and yearly statutory filings, including PF reports, LWF payments, ESIC returns, and Minimum Wage filings, working in coordination with designated compliance partners.
Documentation & Reporting: Maintain the Compliance Calendar, track deadlines for statutory renewals (S&E;), and ensure the Employee Noti

📌 Payroll & Compliance Specialist Hyderabad
🏢 Costco
📍 Hyderabad