Payroll Specialist

Job Summary

We are looking for a detail-oriented Payroll Specialist with 2–3 years of core experience in Indian payroll management. In this role, you will own the end-to-end payroll process, from designing tax-efficient CTC structures to managing statutory compliances and processing monthly attendance-based payouts. The ideal candidate has strong analytical skills, deep knowledge of Indian labor laws, and a passion for data accuracy.

Key Responsibilities

• CTC Structuring: Design, review, and optimize tax-efficient Component-of-Salary (CTC) structures aligned with Indian tax laws and company budgets.
• Payroll Processing: Gather and validate monthly attendance, leave, and overtime data to compute accurate gross and net pay.
• Deductions Management: Calculate and execute precise deductions for unpaid leaves (LWP), income tax (TDS), loans/advances, and statutory components.
• Statutory Compliance: Ensure 100% compliance and timely monthly filings/deposits for:
• Provident Fund (PF)
• Employee State Insurance (ESI)
• Professional Tax (PT)
• Labour Welfare Fund (LWF)
• TDS (Tax Deducted at Source) on salaries
• Query Resolution: Act as the primary point of contact for employee queries regarding salary components, tax deductions, and investment declarations.
• Reporting: Generate monthly payroll registers, JV reports for accounting, and compliance dashboards for management.

Required Skills & Qualifications

• Experience: 2–3 years of hands-on experience exclusively handling Indian Payroll.
• Education: Bachelor’s degree in Commerce, Finance, HR, or a related field.
• Technical Skills: Advanced proficiency in MS Excel (VLOOKUP, Pivot Tables, Formulas) and experience working with standard payroll software (e.g., Zoho Payroll, Keka, greytHR, Darwinbox, or similar).
• Compliance Knowledge: Thorough understanding of the Income Tax Act, PF & ESI Act, Payment of Wages Act, and local state Professional Tax slabs.
• Attributes: High level of confidentiality, strong numerical aptitude, and sharp attention to detail.

Pay: ₹25,000.00 - ₹30,000.00 per month

Application Question(s):

• Have you worked on Payroll only?
• Have you created Salary structure?
• Are you well aware about compliances and calculating TDS?
• How many years of exp do you hold while making payroll?

Work Location: In person