Specialist HR ( Payroll)

Job Title: Specialist HR (Payroll)

Job Location: Bengaluru

No of Vacancies: 1 No

Employment Type: Permanent Role

Education Qualification: MBA in HR

Minimum Experience: 5-7 years of experience in Payroll Process and C&B

Workdays: Monday to Friday

Work Mode: Work from Office

Division: HR Department

Salary: 6L to 8L CTC pa

Job Summary

The Specialist HR (Payroll) is responsible for managing and executing all payroll processing and compensation and benefits (C&B) related activities, and ensuring compliance with statutory regulations. This role requires a strong understanding of HR policies, procedures, and labor laws. The incumbent will be instrumental in maintaining accurate employee data, processing timely and accurate payroll, and administering various benefits programs.

Key Responsibilities

• Payroll Processing:
• Ensure accurate and timely processing of payroll for all employees.
• Maintain employee payroll records and reconcile discrepancies.
• Manage payroll deductions, taxes, and statutory remittances.
• Generate various payroll reports for management and statutory requirements.
• Stay updated on payroll regulations and ensure compliance.
• Implement policies and procedures for timekeeping and leave management.

• Compensation and Benefits Administration:
• Develop and implement compensation strategies aligned with business objectives.
• Administer employee compensation and benefits programs, including salary benchmarking, bonus plans, and health insurance.
• Conduct compensation reviews and make recommendations for salary adjustments based on market trends and internal equity.
• Manage benefits enrollment and serve as a liaison between employees and benefits
• Stay informed about changes in compensation and benefits regulations to ensure compliance. Analyze internal and external factors to ensure alignment of compensation with organizational goals and market trends.
• Design and develop compensation packages and bonus programs. Make recommendations for enhancements or adjustments to compensation strategies.
• Experience leading benchmarking initiatives and evaluating benefits programs.
• Lead the development and rollout of comprehensive benefits programs.
• Collaborate with vendors and stakeholders to negotiate benefits packages.

• Statutory Compliance:
• Ensure compliance with all applicable labour laws, regulations, and statutory requirements.
• Maintain accurate employee records and documentation.
• Prepare and submit statutory reports and returns.
• Handle labour-related audits and inspections.

Qualifications and Experience

• Masters degree in human resources (MBA-HR)
• Minimum of 5 years of experience in payroll processing.
• Strong knowledge of labour laws and statutory requirements.
• Proficiency in HRMS systems and payroll software.
• Excellent analytical and problem-solving skills.
• Attention to detail and accuracy.
• Strong organizational and time management skills.
• Ability to handle confidential information.

KPIs :

• Payroll accuracy rate
• Payroll processing time
• Timeliness of statutory remittances
• Number of payroll errors
• Cost of payroll processing per employee
• Compliance with statutory requirements (audit findings)
• Numberof statutory notices received
• Time taken to resolve statutory issues
• Cost of statutory compliance
• Employee satisfaction with compensation and benefits
• Benefits utilization rate

About Conceptia:

We are a large marine design and engineering solution provider serving the maritime industry across the globe; committed to offer innovative design, consultancy and engineering solutions. The zeal and dedication of our team of Naval Architects and Engineers is what defines us.

Since its inception in 2004, Conceptia has been known for its erudition, pre-eminence in quality and timely delivery. ISO 9001:2015 certification issued to the organizations processes back a proven track record of quality and innovative solutions offered by us.

At Conceptia we emphasize on continually improving the processes of the company, constant learning through challenging projects in new domains, coupled with world class infrastructure. With our broad technical experience, constant improvement we have grown to serve in the following domains:

• Naval Architecture
• Marine Engineering
• Ship Design and Offshore Structures Basic, Detail and Production Engineering
• Engineering Analysis
• Project Lifecycle Management
• Digital Publishing
• Staffing Solutions
• Product Sales Engineering Enhancement Tools
• Training