Payroll Specialist

Ensure accurate and timely processing of employee payroll in compliance with Indian regulations .

Calculate salaries, deductions (taxes, provident fund, insurance, etc. ), and bonuses.

Maintain employee payroll records.

Coordinate with HR to ensure proper input for new hires, Resigned, and employee changes.

Statutory Compliance :

Ensure compliance with all applicable tax laws, Provident Fund (PF), Employees State Insurance (ESI), Gratuity, and Labor Laws under Indian Government regulations.

Assist in the calculation and filing of income tax, TDS (Tax Deducted at Source), and other statutory requirements.

Prepare and file monthly/quarterly/annual returns related to payroll.

Assist in maintaining general ledgers, preparing journal entries, and posting entries related to payroll expenses.

Support month-end and year-end closing procedures, ensuring all payroll-related entries are accounted for correctly.

Reconcile payroll-related accounts, such as salaries payable, statutory dues, etc.

Employee Queries:

Address payroll-related queries from employees in a timely and professional manner.

Provide assistance in resolving discrepancies related to salary, deductions, or other payroll-related issues.

Additional skills and experience

GST Compliance: Ensure adherence to GST laws and regulations, including preparing and filing GST returns, reconciling GST payable and receivable, and handling GST audits.

Accounts Payable (AP): Process and manage vendor invoices, verify payment terms, ensure timely payments, and maintain accurate records of AP transactions.

Good experience in Excel

Bookkeeping and Accounting: