Payroll Executive

Greeting From Kotak Life Insurance

Interested Candidate can share their cv on 8828395189

Job Description

The HR Payroll Executive is responsible for managing the end-to-end payroll process, ensuring timely and accurate processing of employee salaries, benefits, and deductions. This role involves maintaining payroll records, handling employee queries regarding payroll, and ensuring compliance with tax and labor regulations.

Key Responsibilities

1. Payroll Processing:

- Process payroll for all employees, including salaries, and bonuses

- Ensure accurate calculation of deductions, benefits, and taxes

- Maintain and update payroll records, including employee information and compensation changes.

2. Compliance and Reporting

- Ensure payroll practices comply with labour laws.

- Prepare and submit payroll-related reports to respective stakeholders and venders.

- Manage and resolve any discrepancies or issues related to payroll.

3. Employee Assistance:

- Address employee inquiries and concerns related to payroll, benefits, and deductions.

- Provide support for payroll-related issues, including discrepancies and adjustments.

4 Record Keeping

- Maintain accurate and confidential payroll records.

- Ensure proper documentation for all payroll transactions and adjustments.

5. System Management:

- Utilize payroll software and HRIS systems to process and manage payroll.

- Assist in the implementation and maintenance of payroll systems and technologies.

6. Audits and Reconciliation:

- Conduct regular payroll reconciliations and audits to ensure accuracy

- Support internal and external audits related to payroll

7 Full & Final Settlements

- Conduct regular F&F reconciliations and audits to ensure accuracy.

- Follow - up with respective stakeholders and get the clearance before LWD.

- Process F&F on timely basis, keeping employee experience at par

Thanks & Regards,

Nishmitha kotian.