Payroll and Compliance

Job Title:

Job Overview:

Talentcorp Solution Pvt. Ltd. (TSPL) is looking for a highly skilled and detail-oriented Payroll Compliance Specialist to join our growing team. The ideal candidates will have 2-5 years of experience in payroll management and compliance, with a solid understanding of statutory labor laws and regulations. As a Payroll Compliance Specialist at TSPL, you will ensure the accurate processing of payroll while adhering to all legal compliance requirements, ensuring employees are paid on time and in accordance with all statutory obligations.

Key Responsibilities:

• Payroll Processing:

  Manage the end-to-end payroll process, ensuring timely and accurate calculation of salaries, deductions, overtime, and benefits in line with company policies.

• Compliance Management:

  Ensure that payroll processes comply with statutory requirements such as Employee Provident Fund (EPF), Employee State Insurance (ESIC), Professional Tax (PT), and other applicable regulations.

• Tax and Statutory Filings:

  Ensure timely and accurate submission of all statutory filings, including PF, ESI, PT, and income tax, in compliance with local, state, and central government regulations.

• Reconciliation & Reporting:

  Regularly reconcile payroll-related accounts and maintain detailed reports to ensure accuracy in payroll processing and compliance.

• Audits & Documentation:

  Assist in internal and external audits by providing necessary documentation and reports related to payroll and compliance.

• Employee Support:

  Address employee queries regarding payroll issues, statutory deductions, and other benefits, providing clear and effective communication.

• Updates on Law Changes:

  Stay updated on changes in labor laws and taxation policies, ensuring the company's payroll processes and compliance programs remain current.

• Payroll System Maintenance:

  Support the maintenance and update of the payroll software to ensure accurate data processing, integration, and security of payroll records.

Skills & Qualifications:

• Experience:

  2-5 years of hands-on experience in payroll processing and compliance management, ideally in a similar industry or corporate setting.

• Knowledge:

  In-depth understanding of statutory laws, including EPF, ESI, PT, TDS, and income tax, along with the ability to ensure adherence to these regulations.

• Technical Skills:

  Experience with payroll systems and software (e.g., SAP, Oracle, or HRMS tools), proficiency in Excel, and familiarity with automation tools for payroll management.

• Attention to Detail:

  High level of accuracy and attention to detail with a strong ability to identify discrepancies and resolve issues efficiently.

• Communication Skills:

  Strong verbal and written communication skills, with the ability to explain complex payroll concepts to employees in simple terms.

• Problem Solving:

  Proactive in addressing and resolving payroll-related issues in a timely and effective manner.

• Confidentiality:

  Ability to handle sensitive employee data and payroll information with the utmost confidentiality and professionalism.

• Team Player:

  Ability to work collaboratively with cross-functional teams and contribute positively to team objectives.

Education:

• A bachelor's degree/Master's degree in Human Resources, or related fields is preferred.
• Payroll or Compliance certification (such as the Certified Payroll Professional or similar) is an added advantage.

Why Talentcorp Solution Pvt. Ltd.?

Contact :

HR Priya Mam - 92265 36859