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Payroll Executive

Employer
Confidential
Location
Hyderabad Hyderabad Telangana, Telangana, India
Salary
Competitive Salary
Closing date
Jun 23, 2024

View more

Job Role
Payroll
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Main Responsibilities of Payroll Executive

Assisting with end-to-end payroll processing and administration.
Calculating and verifying employee salaries, benefits, and deductions in accordance with company policies, employment contracts, and legal regulations.
Ensuring timely and accurate data entry of payroll information, including employee details, timesheets, and attendance records, to maintain precise payroll records.
Responding promptly to employee inquiries and concerns regarding their payroll.
Generating payroll reports, such as payroll summaries, tax reports, and labor cost analyses.
Assisting in payroll tax calculations, deductions, and submissions to ensure compliance with local, state, and federal tax regulations.
Conducting regular audits and verifications of payroll data to identify and rectify any inaccuracies and discrepancies.
Supporting the implementation and integration of new payroll systems or upgrades.
Collaborating closely with the HR and Finance teams to exchange relevant payroll information and resolve payroll-related issues.
Staying updated with the latest payroll regulations, tax laws, and labor standards.

Key Requirements
You hold a Degree in Finance, Accounting, Human Resources, or a related field.
You have practical experience of at least 2 years in payroll processing and administration.
You are proficient in using payroll software and tools to process payroll efficiently, generate reports, and manage records.
You have experience maintaining confidentiality and professionalism when handling sensitive data.
You must be an expert in Excel.

Skills: Accounting, Human Resources

Experience: 2.00-3.00 Years

Education: Master OF Business Administration (M.B.A)

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