09 Oct
|
Asian Lakto Industries
|
Ludhiana
09 Oct
Asian Lakto Industries
Ludhiana
A payroll executive manages the end-to-end processing of employee compensation, ensuring accurate and timely salary disbursement while maintaining compliance with statutory laws
Job Brief
We are looking for a detail-oriented Payroll Executive to manage monthly salary cycles, handle employee queries, and ensure full compliance with regulatory requirements. This role acts as a bridge between the Human Resources and Finance teams.
Key Responsibilities
- Payroll Processing: Run the end-to-end monthly payroll cycle, including calculating gross wages, overtime, bonuses, and net pay.
- Statutory Compliance: Manage deductions and filings for Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT), Labour Welfare Fund (LWF), and Tax Deducted at Source (TDS).
- Data Management: Maintain accurate employee records for attendance, leaves, new hires, exits, and salary revisions.
- Full & Final Settlement:
Process exit clearances and full-and-final settlements for departing employees.
- Employee Support: Address and resolve payroll, tax, and benefit-related queries professionally.
- Reporting & Audits: Generate MIS reports, dashboards for management, and provide documentation for internal or external audits
Required Skills & Qualifications
- Education: Bachelors degree in Commerce, Accounting, Human Resources, or Finance (MBA/PGDM preferred).
- Experience: 1 to 3 years of hands-on experience in payroll processing and statutory compliance.
- Software Proficiency: Advanced skills in MS Excel and working knowledge of payroll software platforms (e.g., GreytHR, Zoho Payroll, ADP).
- Core Competencies: Robust numerical accuracy, high integrity handling confidential data, and clear communication abilities.
📌 Payroll Executive (Ludhiana)
🏢 Asian Lakto Industries
📍 Ludhiana