Own the Full Payroll Chain as Payroll Executive
3 - 7 Years
Full Time
|
Chennai, India
Job Description :
Own the Full Payroll Chain as Payroll Executive
Job Description
The main "Salary Processing Engine, Statutory Compliance Lead, Time & Attendance Reconciliation Lead, Payroll Disbursement Authority & Financial Integration Lead" for our corporate and operational divisions is the Payroll Executive Payroll Processing, Statutory Compliance, Salary Administration, Attendance Reconciliation & Financial Analytics Specialist. Your main responsibility is to carry out end-to-end payroll processing, manage employee tax calculations, administer statutory deductions, and guarantee faultless, timely salary disbursements, while HR Directors, Chief Financial Officers (CFOs), Finance Controllers, and Compensation & Benefits Managers set overall compensation policy, annual compensation structures, incentive frameworks, and labour budgets.
Key Duties
End-to-End Payroll Processing & Salary Calculation: Perform monthly gross-to-net payroll runs for contract, corporate, and plant employees; precisely compute basic pay, deductions, overtime, variable incentives, bonuses, and arrears.
Before locking payroll inputs, import, verify, and audit monthly attendance data, biometric loggings, leave records, shift allowances, and loss-of-pay (LOP) days from HRIS/biometric systems.
Statutory Compliance & Tax Administration: Provident Fund (PF/EPFO), Employee State Insurance (ESIC), Professional Tax (PT), Labour Welfare Fund (LWF), and Income Tax/Tax Deducted at Source are among the statutory compliance components that must be calculated, deducted, and filed on time each month.
Complete and Final (F&F) Settlement Processing: Determine and complete Full and Final settlements for departing workers, confirming leave encashment, notice period compensation and recovery, gratuity, outstanding loans and advances, and providing lucid settlement statements
Coordination of Bank Disbursements and Payroll Accounting: Create bank advice sheets, salary disbursement files, and monthly payroll log entries. Work with finance teams and banking partners to guarantee timely and correct direct bank transfers.
We invite you to apply and explore this exciting opportunity!
Warm Regards,
HR - Maria
88708 33430
infohrmaria04@gmail.com
Key Skills :
Industry :
Education :
Vacancies : 5
Posted On : 4 hours ago
About Company :
GS Infotech has established itself as a true independent service provider in the field of placements. We are an certified company known for our highly reliable and effective services. A service company is only as strong as the trust of its candidates and the quality of its reputation, and we have earned vast repute in our industry.
Overview :