Job Description

Payroll Executive

Key Responsibilities:

Payroll Processing

: Manage end-to-end payroll processes, ensuring accurate calculation of wages, overtime, bonuses, and deductions. Process payroll for permanent, contractual, employees, adhering to industry and legal standards.

Compliance Management

: Ensure payroll practices comply with local labor laws, tax regulations, and shrimps industry-specific guidelines. Handle statutory deductions like provident fund, ESI, gratuity, and other employee benefits.

Data Management

: Maintain and update employee payroll records, including attendance, hours worked, leaves, and benefits. Use payroll software or ERP systems to automate and streamline payroll activities.

Time and Attendance Oversight

: Monitor timekeeping systems to ensure accurate attendance tracking for all shifts. Address discrepancies in attendance data and resolve related issues.

Audits and Reconciliation

: Conduct regular audits of payroll processes to ensure accuracy and compliance. Reconcile payroll accounts and address discrepancies promptly.

Employee Support

: Handle employee queries related to salary, deductions, and tax implications. Educate employees on payroll processes, benefits, and compliance.

Coordination with HR Payment process

: Collaborate with HR for updates on employee status, including new hires, terminations, and promotions. Work with the finance department to ensure accurate funding for payroll disbursement.

Policy Implementation

: Develop and implement payroll policies that align with company objectives and industry best practices. Stay updated on changes in labor laws and integrate them into payroll operations.

Special Payroll Considerations

: Manage payroll adjustments for shift-based work, overtime, and performance-based incentives. Oversee seasonal payroll demands, especially during peak production periods.

Key Challenges:

Handling payroll for a large, diverse workforce, including seasonal and contractual employees. Managing overtime calculations and variable pay components. Adhering to strict deadlines while ensuring 100% accuracy.

Qualification

:

B Com with MBA HR with 3-4 Years of experience.

Job Type: Full-time

Pay: ₹25,000.00 - ₹35,000.00 per month

Ability to commute/relocate:

Bapatla, Andhra Pradesh: Reliably commute or planning to relocate before starting work (Required)
Application Question(s):

How soon you can join

Education:

Master's (Required)
Experience:

Payroll executive: 3 years (Required)
Language:

English (Required)
Location:

Bapatla, Andhra Pradesh (Preferred)
Work Location: In person