Job Summary

We are looking for an experienced Payroll Specialist to independently manage end-to-end payroll processing, statutory compliance, salary taxation and compensation structuring. The candidate should have strong knowledge of Indian payroll regulations, TDS, PF, ESIC, statutory payments and hands-on experience with SAP.

Role & responsibilities

- Manage end-to-end monthly payroll processing, ensuring accurate and timely salary disbursement.
- Handle salary calculations, attendance, leave, incentives, variable pay, reimbursements, deductions, arrears and Full & Final settlements.
- Prepare and manage employee CTC structures, salary break-ups, compensation revisions, allowances and statutory deductions.
- Calculate and process employee salary TDS, tax projections, investment declarations and investment proof verification.
- Ensure compliance with applicable Indian payroll regulations, including Income Tax, PF, ESIC, Professional Tax (PT).
- Prepare, verify and process PF and ESIC challans, statutory payments and applicable returns within prescribed timelines.
- Manage monthly payroll reconciliations, salary registers, payroll reports and statutory records.
- Coordinate with Finance and Banking teams for salary disbursements, statutory payments and payroll accounting.
- Manage payroll operations,



employee compensation data and payroll reports using SAP.
- Validate payroll inputs and outputs, identify discrepancies and resolve payroll-related issues.
- Prepare payroll MIS, monthly reports and statutory documentation for internal and external audits.
- Coordinate with auditors, consultants and statutory authorities for payroll-related matters.
- Keep updated with changes in Indian taxation, labour laws and statutory compliance requirements.
- Maintain confidentiality and accuracy of employee payroll and compensation data.

Preferred candidate profile

- Graduate in Commerce, Finance, Accounting or HR with good communication skills.
- 2 - 7 years of relevant experience in end-to-end payroll management.
- Strong practical knowledge of Indian payroll statutory compliance and taxation.
- Hands-on experience in TDS calculations, PF/ESIC challan preparation, payments and filings.
- Positive understanding of CTC structuring, salary components and compensation management.
- Hands-on experience with SAP Payroll / SAP HR is mandatory.
- Advanced working knowledge of MS Excel and payroll reconciliation.
- Strong analytical skills, numerical accuracy and attention to detail.
- Ability to independently manage payroll operations and statutory deadlines.

📌 Payroll Executive (Mumbai)
🏢 Mentra HR Services
📍 Mumbai