The Payroll Analyst / Associate will play a critical role in supporting end-to-end payroll processing for a dynamic workforce in a multi-disciplinary engineering environment. The individual will be responsible for ensuring accuracy, compliance, and timeliness of payroll while managing complexities such as shift-based workforce, variable components, statutory adherence, and audit readiness.
Your role
• End-to-End Payroll Execution:• Support processing of monthly payroll cycles including validation of inputs such as new joiners, exits, increments, bonuses, overtime, and shift allowances.
• Manage Full & Final settlements (F&F;) including leave encashment, gratuity, and recoveries.
• Validate payroll outputs ensuring alignment with company policies and statutory norms.
• Statutory Compliance & Governance:• Ensure compliance with Indian labour and payroll regulations including:• Provident Fund (PF).
• Employee State Insurance (ESI).
• Skilled Tax (PT).
• Labour Welfare Fund (LWF).
• Income Tax (TDS).
• Support statutory filings, reconciliations,
and returns.
• Assist in responding to internal/external audits and compliance reviews.
• Maintain proper documentation and audit trails for payroll transactions.
• Data Management, Validation & Reporting:• Perform data validation and reconciliation of payroll inputs/outputs.
• Prepare and analyse payroll reports, variance analysis, and MIS dashboards.
• Maintain payroll trackers, master data, and employee records in HRMS/payroll systems.
• Support cost analysis and budgeting inputs related to employee compensation.
• Stakeholder Management:• Collaborate closely with HRBPs, Finance and Operations teams for payroll inputs and validations.
• Address employee payroll queries related to salary, taxation, and deductions.
• Ensure seamless coordination for high employee volume and multi-location payroll processing.
• Process Improvement & Automation:• Identify opportunities for process optimizatio