Senior Executive - Human Resources (Contractual)

Position Title: Senior Executive - HR Payroll

Department: Human Resources

Level: Contractual (1 year)

Experience: 8- 12 years

Qualifications: Graduate/Postgraduate Location: Mumbai

Shifts: 11:00 am to 9:00 pm (candidate should be flexible to work as per the business requirement)

Job Overview:

As a Senior Executive - HR Payroll, you will be responsible for overseeing and managing the payroll functions within the organization. This role requires a strong understanding of payroll processes, compliance with relevant regulations, and effective communication skills to collaborate with various

departments.

Please note - This job role is a 1-year contract under third-party payroll. Based on the candidate's performance, the contract may be extended, or the candidate may be transitioned to the company's payroll.

Key Responsibilities:

1. Payroll Processing:

• Manage end-to-end payroll processing, ensuring accurate and timely disbursement of salaries.
• Review and validate payroll data, including timekeeping, benefits, and deductions.

2. Compliance:

• Stay abreast of local, state, and federal payroll regulations to ensure compliance.
• Implement changes in payroll processing systems as needed to adhere to new regulations.
• Compliance Internal and Statutory (PF, PT, ESIC, Labour welfare, Bonus etc) compliances.

3. Database Management:

• Maintain and update employee payroll records, ensuring accuracy and confidentiality.
• Implement and manage changes related to employee status, tax withholdings, and other payroll-related data, accurate employee database, e-employee records, employee files, Employee Record Keeping / Database Updation and Management

4. Communication and Support:

• Act as a point of contact for employees regarding payroll-related inquiries.
• Collaborate with HR teams to address payroll issues and provide support on related matters.

5. Reporting:

• Generate and analyze payroll reports to support financial and HR-related decision- making.
• Prepare reports for management, detailing payroll costs, overtime, and other relevant metrics.

6. Audits and Reviews:

• Conduct regular audits of payroll data to identify and rectify discrepancies.
• Collaborate with internal and external auditors during payroll audits.

7. System Management:

• Oversee the functionality of payroll systems, ensuring they meet organizational needs.
• Implement system updates and improvements to enhance efficiency.

8. Training and Development:

• Train HR and other relevant staff on payroll procedures and compliance.
• Provide guidance to employees on understanding their pay statements.

Qualifications:

• Bachelors/ Masters degree in Human resources, Finance, or a related field.
• Proven experience in payroll management, preferably in a leadership role.
• In-depth knowledge of payroll regulations, tax laws, and compliance requirements.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficient in using payroll software and other relevant tools.

Attributes:

• Attention to detail and accuracy.
• Ability to maintain confidentiality and handle sensitive information.
• Strong organizational and time-management skills.
• Team player with the ability to collaborate across departments.
• Adaptability to evolving payroll regulations and technologies.
• The HR Payroll Manager plays a critical role in ensuring the accurate and compliant

processing of payroll, contributing to the overall success of the organization and the well- being of its employees.

The Job responsibilities of the candidate shall include but not limited to the Job Description & to perform any other tasks/functions as required by the Company.