Payroll Executive

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