Payroll Executive
Key Responsibilities:
- Payroll Processing:
- Manage end-to-end payroll processes, ensuring accurate calculation of wages, overtime, bonuses, and deductions.
- Process payroll for permanent, contractual, employees, adhering to industry and legal standards.
- Compliance Management:
- Ensure payroll practices comply with local labor laws, tax regulations, and shrimps industry-specific guidelines.
- Handle statutory deductions like provident fund, ESI, gratuity, and other employee benefits.
- Data Management:
- Maintain and update employee payroll records, including attendance, hours worked, leaves, and benefits.
- Use payroll software or ERP systems to automate and streamline payroll activities.
- Time and Attendance Oversight:
- Monitor timekeeping systems to ensure accurate attendance tracking for all shifts.
- Address discrepancies in attendance data and resolve related issues.
- Audits and Reconciliation:
- Conduct regular audits of payroll processes to ensure accuracy and compliance.
- Reconcile payroll accounts and address discrepancies promptly.
- Employee Support:
- Handle employee queries related to salary, deductions, and tax implications.
- Educate employees on payroll processes, benefits, and compliance.
- Coordination with HR Payment process:
- Collaborate with HR for updates on employee status, including new hires, terminations, and promotions.
- Work with the finance department to ensure accurate funding for payroll disbursement.
- Policy Implementation:
- Develop and implement payroll policies that align with company objectives and industry best practices.
- Stay updated on changes in labor laws and integrate them into payroll operations.
- Special Payroll Considerations:
- Manage payroll adjustments for shift-based work, overtime, and performance-based incentives.
- Oversee seasonal payroll demands, especially during peak production periods.
Key Challenges:
- Handling payroll for a large, diverse workforce, including seasonal and contractual employees.
- Managing overtime calculations and variable pay components.
- Adhering to strict deadlines while ensuring 100% accuracy.
Qualification :
· B Com with MBA HR with 3-4 Years of experience.
Job Type: Full-time
Pay: ₹25,000.00 - ₹35,000.00 per month
Ability to commute/relocate:
- Bapatla, Andhra Pradesh: Reliably commute or planning to relocate before starting work (Required)
Application Question(s):
- How soon you can join ?
Education:
- Master's (Required)
Experience:
- Payroll executive: 3 years (Required)
Language:
- English (Required)
Location:
- Bapatla, Andhra Pradesh (Preferred)
Work Location: In person