05 Nov
|
Sunteck Realty
|
Mumbai
05 Nov
Sunteck Realty
Mumbai
Role & responsibilities
We are looking for an experienced Senior Payroll Executive to manage end-to-end payroll operations, statutory compliances, compensation administration and payroll MIS. The candidate will be responsible for ensuring accurate and timely salary processing, maintaining compliance with applicable labour laws and managing payroll-related activities through HRMS.
Preferred candidate profile
1. End-to-End Payroll Management:
Manage monthly payroll processing for the organisation. Ensure accurate salary calculations, including fixed pay, variable pay, incentives, bonuses, arrears and deductions.
Handle salary revisions, promotions, increments and compensation changes.
Manage Full & Final Settlements for exiting employees.
Ensure timely salary disbursement and payroll closure.
1. Statutory Compliance & Taxation
Ensure compliance with applicable statutory regulations, including PF, ESIC, Professional Tax, TDS and Labour Welfare Fund. Manage monthly and annual statutory filings, returns and payments.
Handle income tax declarations, proof verification and tax computations.
Coordinate with auditors and consultants for statutory and payroll audits.
Stay updated on changes in labour laws and payroll regulations.
1. Attendance & Payroll Reconciliation
Validate monthly attendance, leave, loss of pay, overtime and other payroll inputs. Coordinate with HR and business teams for timely submission of payroll inputs.
Ensure accurate reconciliation of attendance and payroll data.
1. HRMS & Payroll Systems
Manage payroll operations through HRMS/payroll platforms. Ensure accurate employee master data, salary structures and payroll records.
Identify opportunities for payroll automation and process improvement.
Generate payroll reports, dashboards and MIS.
1. Employee Compensation & Support
Address employee queries related to salary, taxation, deductions and payslips. Support compensation-related activities, including salary restructuring and CTC calculations.
Ensure confidentiality and security of employee compensation data.
1. Audit & Reporting
Prepare monthly payroll MIS and cost analysis reports. Reconcile payroll with Finance and Accounts.
Support internal and external audits.
Maintain payroll documentation and records for audit purposes.
Desired Candidate Profile
Graduate in Commerce, Finance or a related discipline.
810 years of experience in end-to-end payroll management.
Strong understanding of Indian payroll practices, statutory compliance and taxation.
Hands-on experience with HRMS/payroll platforms.
Advanced MS Excel and payroll analytics skills.
Experience in managing payroll for mid-to-large-sized organisations.
Strong coordination, analytical and problem-solving skills.
Key Competencies
End-to-End Payroll Management
Statutory Compliance & Labour Laws
Compensation & Perks Administration
Income Tax & Payroll Taxation
Full & Final Settlement
HRMS Implementation & Management
Payroll MIS & Analytics
Audit & Reconciliation
Preferred Industry: Real Estate, Construction, Infrastructure or other large workforce-driven organisations.
Hiring recommendation: At 8–10 years of experience, prioritise candidates who have independently handled the complete payroll cycle, statutory compliance, tax planning, audits and payroll reconciliation with Finance, rather than candidates whose experience is limited to payroll execution.
📌 Senior Payroll Manager (Mumbai)
🏢 Sunteck Realty
📍 Mumbai