Job Description

Job Description for India Payroll - We are seeking a detail-oriented and experienced Payroll Specialist to join our team. The Payroll Specialist will be responsible for ensuring accurate and timely processing of payroll, maintaining compliance with applicable laws and regulations, and providing support to employees regarding payroll-related inquiries. This position requires strong organizational skills, attention to detail, and the ability to handle sensitive information confidentially. Key Responsibilities: Responsible to Process monthly payroll runs in an accurate and timely manner for Pan India employees, Apprentice/Stipend employees and Intern employees. Process salary payments, bonuses, incentives, reimbursements, and deductions in accordance with company policies and Indian taxation laws. Maintain payroll records, including personal data, payment details, deductions, and changes in employment status. Ensure compliance with State, and local tax laws and labor regulations. Strong Knowledge of Payroll Accounting including Salary JV & Provision JV preparation. Handle monthly Full and Final Settlement of Resigned employees. Strong Knowledge of statutory compliance including PF, ESIC, PT, LWF, Income Tax, Quarterly TDS, Monthly/Quarterly/Half Yearly/Yearly returns. Responsible to handle employee benefits like Sodexo, Birthday Gifts & Marriage Gifts. Respond to employee inquiries regarding payroll discrepancies, taxes, deductions, and other payroll-related matters. Coordinate with HRBP s & Plant HR to update and maintain employee records, such as changes in pay rates, benefits enrollment, and new hires or terminations. Reconcile payroll discrepancies and correct errors in a timely manner. Assist with audits related to payroll, including internal audits and external regulatory reviews of STAT and GAAP Audit. Stay updated on payroll-related laws, tax regulations, and best practices to ensure ongoing compliance. Perform monthly payroll reconciliations to ensure accuracy of payments and deductions, and resolve discrepancies in a timely manner. Maintain and process employee leave records, attendance, and overtime calculations as per company policies. Assist with the preparation and issuance of Form 16, salary statements, and other year-end documentation for employees. Qualifications - Bachelor s degree in accounting, Finance, HR, or a related field. Minimum 5-6 years of experience in payroll management, with a focus on India-specific payroll laws and compliance. In-depth knowledge of Indian payroll regulations, including tax laws, EPF, ESI, PT, and other statutory deductions. Strong understanding of labor laws and statutory requirements in India. Ability to manage multiple payroll cycles simultaneously and meet strict deadlines. Strong attention to detail, organizational skills, and the ability to handle confidential information. Good communication skills and the ability to interact with employees at all levels of the organization. Preferred Skills: Strong analytical skills and proficiency in Microsoft Excel. Experience with HRMS or ERP systems for payroll integration.