Job Description

Job Title: Payroll and Compensation Manager

Department: Human Resources

Reports To: Chairman

Experience Required: 5-7 years in payroll processing and compensation management

Employment Type: Full-time

Job Summary:

We are seeking a detail-oriented and experienced Payroll and Compensation Executive to manage end-to-end payroll processing, ensure compliance with statutory regulations, and administer employee compensation and benefits. The ideal candidate will have strong analytical skills, a thorough understanding of payroll and tax laws, and experience with payroll software.

Key Responsibilities:

Payroll Management:

Manage accurate and timely processing of monthly payroll for all employees

Maintain payroll data, attendance, leave records, and timesheets

Ensure compliance with statutory deductions (PF, ESI, PT, TDS, etc.)

Handle full and final settlements and exit-related payroll processing

Coordinate with Finance and HR teams for payroll disbursement and reconciliation

Prepare and maintain payroll reports for internal and statutory purposes

Compensation & Benefits:

Administer employee compensation structures and update them in HRMS

Assist in designing and reviewing CTC components, salary structures, and variable pay

Monitor and manage incentive, bonus, and performance-linked pay-outs

Manage employee benefits like insurance, reimbursements, and welfare schemes

Benchmark compensation against industry standards and suggest improvements

Compliance & Documentation:

Ensure adherence to labor laws and tax regulations

Prepare compliance documents such as Form 16, salary slips, and pay registers

Liaise with auditors and government authorities during inspections or audits

Requirements:

Bachelor's degree in Commerce, Finance, HR, or related field

3-5 years of relevant experience in payroll and compensation

Proficiency in payroll software (e.g., Timeslab,SAP, ADP, GreytHR, Zoho Payroll, etc.)

Good knowledge of Indian labor laws, taxation, and statutory compliance

Strong Excel skills and ability to manage large data sets

High attention to detail, confidentiality, and numerical accuracy

Preferred Skills:

Experience working with HRMS or ERP systems

Strong analytical and problem-solving ability

Good communication and coordination skills

Ability to work independently and meet deadlines

Job Types: Full-time, Permanent

Pay: ?40,000.00 - ?50,000.00 per month

Benefits:

Paid time off
Schedule:

Day shift Fixed shift
Work Location: In person

Application Deadline: 18/07/2025
Expected Start Date: 18/07/2025