- We are looking for an experienced Payroll
- Specialist to independently manage end-to-end payroll for 1,000+ employees
- across India. The role requires strong hands-on expertise in payroll
- processing, statutory compliance, payroll taxation, reconciliation, statutory
- filings, maintenance of mandatory registers, and payroll audits.
- The ideal candidate should be
- capable of owning the complete payroll cycle—from validating employee inputs
- and attendance data to salary disbursement, statutory remittances, returns,
- reconciliation, and audit readiness—while ensuring accuracy, confidentiality,
- and compliance with applicable Indian labour and payroll regulations.
- Key Responsibilities.
End-to-End Payroll Management
- Own and execute monthly payroll processing for 500+
- employees with a strong focus on accuracy and timely closure.
- Validate payroll inputs including new joiners,
- exits, attendance, leave, LOP, salary revisions, promotions, incentives,
- bonuses, arrears, reimbursements, deductions and other variable
- components.
- Calculate monthly earnings and deductions including
- Basic, HRA, allowances, incentives, overtime, arrears, LOP and recoveries.
- Manage Full & Final (F&F) settlements,
- leave encashment, notice-period recovery/payments, gratuity and other
- separation-related payments.
- Perform pre-payroll and post-payroll validations
- and variance analysis before payroll sign-off.
- Prepare bank advice/payment files and coordinate
- timely salary disbursement.
- Generate and distribute payslips and other
- payroll-related employee documents.
- Maintain payroll calendars, checklists and
- maker-checker controls to ensure timely payroll closure.
Statutory & Payroll
Compliance
- Ensure payroll complies with applicable Indian
- labour, employment, social-security and taxation requirements.
- Manage compliance relating to Provident Fund
- (PF/EPF), ESI, Professional Tax (PT), Labour Welfare Fund (LWF), TDS and
- other applicable payroll-related statutory requirements.
- Manage PF processes including UAN-related
- activities, ECR preparation, contribution reconciliation and statutory
- remittances.
- Manage ESI contributions, employee coverage
- changes, challans and reconciliations.
- Calculate and deduct Professional Tax based on
- applicable state requirements.
- Manage LWF deductions and contributions wherever
- applicable.
- Ensure statutory payments, challans, returns and
- filings are completed within prescribed timelines.
- Track changes in statutory requirements, wage
- definitions, contribution limits, tax rules and other payroll-related
- regulatory changes and implement them appropriately.
- Coordinate with Finance, HR, auditors, consultants
- and statutory authorities wherever required.
Income Tax & TDS
- Manage employee income-tax computation and monthly
- TDS deductions.
- Validate employee tax declarations and investment
- proofs.
- Handle tax regime selections and applicable payroll
- tax calculations.
- Reconcile payroll TDS with Finance records and
- statutory filings.
- Support quarterly TDS return processes and
- reconciliation of payroll-related tax data.
- Manage Form 16 preparation, reconciliation and
- issuance within statutory timelines.
- Handle employee tax queries and corrections
- relating to payroll taxation.
Statutory Registers &
Documentation
- Maintain all applicable payroll, wage and statutory
- registers in the prescribed format, whether electronically or physically
- as required.
- Ensure maintenance of applicable records/registers
- relating to wages, deductions, fines, advances, overtime, attendance,
- leave, bonus and other employment/payroll records.
- Ensure registers and supporting documentation are
- updated accurately and retained for the prescribed period.
- Maintain employee-wise statutory contribution and
- deduction records.
- Ensure payroll documentation is readily available
- for internal audits, statutory inspections, due diligence and external
- audits.
- Maintain a compliance calendar covering all
- payroll-related filings, payments, returns and register requirements.
Payroll Reconciliation &
Controls
- Perform monthly payroll reconciliation against the
- previous month's payroll and approved HR inputs.
- Reconcile gross salary, net salary, employee count,
- statutory deductions, employer contributions, TDS and bank payout amounts.
- Reconcile payroll outputs with Finance/General
- Ledger and resolve differences before closure.
- Maintain clear audit trails for all payroll
- adjustments and manual interventions.
- Identify payroll discrepancies, investigate root
- causes and implement corrective and preventive controls.
- Ensure appropriate segregation of duties, access
- controls and confidentiality of payroll information.
Audits & Compliance
Management
- Act as the primary payroll point of contact for
- internal, statutory and external audits.
- Provide payroll registers, challans, returns,
- reconciliations and supporting documentation during audits and
- inspections.
- Track audit observations and ensure timely closure
- of payroll-related findings.
- Conduct periodic payroll compliance checks to
- identify potential gaps before statutory or internal audits.
- Coordinate with payroll vendors/consultants where
- applicable while retaining internal ownership of payroll accuracy and
- compliance.
Employee Lifecycle &
Payroll Support
- Ensure accurate payroll setup for new employees.
- Process salary revisions, promotions, transfers and
- other compensation changes.
- Manage employee exits and timely Full & Final
- settlements.
- Respond to employee queries relating to salary,
- deductions, PF, ESI, tax, Form 16, F&F and other payroll matters.
- Maintain employee payroll data with a high degree
- of confidentiality and accuracy.
Requirements
Required Experience &
Skills
- 5–8 years of hands-on experience in Indian payroll
- and statutory compliance, preferably managing payroll for 500+ employees.
- Strong practical knowledge of Indian payroll
- processing and statutory compliance.
- Hands-on experience with PF/EPF, ESI, PT, LWF, TDS,
- gratuity, bonus and payroll taxation.
- Strong experience maintaining payroll and statutory
- registers and supporting compliance audits.
Experience handling multi-state payroll and
- state-specific statutory requirements would be preferred.
- Strong understanding of salary structures, CTC,
- gross salary, taxable income, employer contributions and net-pay
- calculations.
- Strong knowledge of payroll reconciliations and
- payroll-to-GL processes.
- Advanced proficiency in Microsoft Excel, including
- Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, reconciliation and large-data
- validation.
- Experience working with HRMS/payroll platforms.
- Strong attention to detail and ability to manage
- high-volume payroll within strict monthly deadlines.
- Ability to handle confidential employee and
- compensation information appropriately.
- Strong analytical, problem-solving and
- stakeholder-management skills.
Education
·Bachelor's or Master's degree in Human
Resources, Commerce, Finance, Accounting or a related discipline.
Preferred Profile
- We are specifically looking for a hands-on
- payroll professional, rather than someone whose experience is primarily limited
- to coordinating with an outsourced payroll vendor. The candidate should have
- personally managed payroll calculations, statutory deductions, reconciliations,
- compliance filings/registers, audits and payroll closure for a large Indian
- employee population.
Key Success Measures
- 100% on-time monthly payroll closure and salary
- disbursement
- High payroll accuracy with minimal corrections or
- reversals
- 100% on-time statutory remittances and applicable
- filings
- Accurate and up-to-date statutory registers and
- payroll documentation
- Zero material statutory non-compliance or penalties
- Timely and accurate Full & Final settlements
- Successful payroll/statutory audits with timely
- closure of observations
- Strong reconciliation between HRMS, payroll, bank
- payouts and Finance/GL records
Job description provided by TekFriday.
View the original posting