02 Nov
|
Koenig Solutions
|
India
02 Nov
Koenig Solutions
India
About the Role
We are seeking a detail-oriented and responsible Executive Payroll to manage end-to-end monthly payroll activities and support accurate, timely salary processing for employees. The role requires hands-on experience in payroll calculations, attendance and leave adjustments, statutory deductions, payroll reconciliation, and full and final settlements. The ideal candidate will have a strong understanding of Indian payroll practices and statutory compliances, excellent Excel skills, and the ability to handle confidential employee information while meeting strict deadlines.
Key responsibilities:
· Manage end-to-end monthly payroll processing, ensuring accurate and timely salary calculations and disbursement.
· Verify attendance, leave records, overtime, incentives, and other payroll inputs before processing.
· Calculate and process statutory deductions and contributions, including PF, ESI, professional tax (where applicable), and TDS.
· Prepare and process full and final settlements, including applicable dues, deductions, and adjustments.
· Reconcile payroll data and resolve discrepancies in coordination with HR, Finance, and relevant stakeholders.
· Maintain accurate payroll records, salary registers, employee data, and supporting documentation.
· Respond to employee queries related to salary, payslips, deductions, and payroll processes.
· Support payroll-related statutory compliance, documentation, and audit requirements.
· Use MS Excel and relevant payroll systems/tools to prepare payroll reports and maintain data accuracy.
· Maintain confidentiality of employee compensation and personal information.
· Explore and use AI tools where relevant to support process efficiency, reporting, and automation; AI experience is a mandatory requirement for all roles.
Qualifications and skills:
· MBA (HR/Finance), M.Com, or a relevant payroll certification.
· 2–5 years of hands-on experience in end-to-end payroll processing and salary administration.
· Practical knowledge of payroll calculations, attendance and leave adjustments, statutory deductions, and full and final settlements.
· Working knowledge of Indian payroll statutory compliances, including PF, ESI, and TDS.
· Solid MS Excel skills and the ability to work with payroll data, reports, and reconciliations.
· High level of accuracy, attention to detail, confidentiality, and ownership of deadlines.
· Good communication and coordination skills, with the ability to address employee payroll queries.
· Ability to work independently in a remote work environment and coordinate with cross-functional teams.
· Experience with or working knowledge of AI tools is mandatory.
📌 Executive - Payroll (India)
🏢 Koenig Solutions
📍 India