Payroll And Benefits Specialist

Job Role: Payroll Specialist

Work Location: Bangalore, HSR Layout

Reporting to : Head of HR

The Payroll and Compliance Specialist will be responsible for managing end-to-end payroll processing, statutory compliance, and employee benefits administration. This role ensures accuracy in salary disbursements, timely filing of statutory returns, and adherence to applicable labor laws and company policies. The candidate will also coordinate with internal teams and external auditors or regulatory bodies to ensure full compliance and risk mitigation.

Key Responsibilities:

Payroll Management

• Process monthly payroll accurately in coordination with HR and Finance teams.
  
• Validate attendance, leave, bonus, incentives, and deductions.
  
• Ensure timely disbursement of salaries, reimbursements, and full & final settlements.
  
• Handle payroll software (e.g., GreytHR Payroll )and reconcile payroll reports.
  

Statutory Compliance

• Ensure compliance with all statutory requirements like PF, ESI, PT, LWF, TDS, etc.
  
• File returns and submit payments to relevant government authorities within deadlines.
  
• Prepare and maintain statutory registers, challans, returns, and audit trails.
  
• Stay updated with changes in labor laws and income tax regulations.
  

Audit & Reporting

• Assist in internal and external audits related to payroll and compliance.
  
• Generate monthly payroll MIS, cost reports, and headcount reports.
  
• Ensure data integrity and confidentiality in all payroll-related activities.
  

Employee Support

• Address payroll-related queries and grievances from employees in a timely manner.
  
• Support in onboarding/offboarding formalities related to payroll and compliance.
  
• Coordinate with insurance, benefits, and statutory vendors for renewals and updates.
  

Key Skills and Competencies:

• Strong knowledge of Indian payroll systems and statutory compliance (EPFO, ESIC, Income Tax, etc.)
  
• Proficiency in payroll software and MS Excel.
  

Qualifications:

• Bachelors degree in Commerce, HR, Finance, or a related field.