HR Payroll

Location: Nariman Point, Mumbai

Key Responsibilities:

Payroll Management:

• Manage end-to-end payroll processing, ensuring accuracy and compliance with company policies and statutory regulations.
• Handle employee salary revisions, incentives, and arrears processing.
• Maintain payroll records, including salary structure, bonuses, and deductions.
• Handle tax calculations, TDS, PF, ESI, and other statutory contributions.
• Resolve payroll discrepancies and employee queries related to salary and benefits.
• Coordinate with finance for payroll reconciliation and audits.
• Develop and implement payroll policies and best practices.
• Maintain data and work on continuous improvement for employee benefits like Insurances, Car lease, Food Coupon, ESOP, NPS etc.
• Preparation for Actuarial data
• Continuously build and share an area of expertise; keep current with internal and external updates and changes.

HR Operations:

• Manage employee onboarding, documentation, and exit formalities.
• Maintain HR records, employee databases, and HRIS systems.
• Ensure compliance with labor laws and company policies.
• Administer employee benefits, leave management, and insurance processing.
• Assist in drafting HR policies and process improvements.

TDS & Compliance Management:

• Calculate TDS on salaries as per applicable income tax laws and ensure timely deductions.
• File Quarterly TDS returns (Form 24Q) and generates Form 16 for employees.
• Stay updated with Income Tax Act changes and ensure compliance with tax regulations.
• Assist employees with investment declarations, tax-saving proofs, and exemptions.
• Coordinate with tax consultants and auditors for assessments and compliance checks.

Qualifications & Key Skills:

• Bachelors/Masters degree in HR, Finance, or a related field.
• Excellent proficiency in MS Excel, tax calculations, and payroll reconciliation.
• Experience in mid to large-scale organizations handling high-volume payroll processing.
• Proven experience in payroll processing and TDS calculations.
• Strong knowledge of labor laws, tax regulations, and compliance.
• Expertise in payroll software and HRMS platforms.
• Excellent attention to detail, problem-solving skills, and confidentiality handling.
• Strong communication and organizational skills.
• Ability to manage large-scale payroll operation