Payroll Analyst

Pattern

Pune, India Posted 10d ago
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KEY RESPONSIBILITIES: PAYROLL MANAGEMENT & VENDOR COORDINATION: * Act as the primary liaison between the company and the outsourced payroll vendor to ensure seamless payroll processing. * Review and validate payroll inputs such as salary revisions, new hires, exits, deductions, incentives, and reimbursements. * Verify the final payroll reports before processing payouts, ensuring 100% accuracy. * Ensure timely payroll execution and salary disbursement. TAXATION & COMPLIANCE: * Ensure accurate computation and deduction of Income Tax (TDS), Provident Fund (PF), ESI, NPS, Gratuity, and Professional Tax (PT). * Stay updated with payroll-related laws and ensure compliance with all statutory requirements. * Handle payroll audits, inspections, and coordinate with regulatory authorities when required. * Ensure compliance with Maternity Benefits Act, Payment of Wages Act, and Minimum Wages Act. * Prepare and file periodic statutory reports such as PF, ESI, Employee TDS, and professional tax filings. * Having experience in processing of Equity would be a plus EMPLOYEE SUPPORT & REPORTING: * Address payroll-related queries from employees and ensure timely resolution. * Generate payroll reports and analytics for internal stakeholders, including finance and HR teams. * Assist in budgeting and forecasting payroll expenses. KEY REQUIREMENTS: EDUCATION & EXPERIENCE: * Bachelor’s/Master’s degree in Finance, HR, Accounting, or a related field. * 8+ years of payroll experience, with at least 5 years handling payroll for 1000-2000 employees. * Prior experience working with outsourced payroll models. * Strong knowledge of Indian payroll laws, tax calculations, and statutory compliance. * Experience in using payroll software and HRMS. SKILLS & COMPETENCIES: * Excellent knowledge of payroll processing, reconciliation, and tax deductions. * Strong analytical and problem-solving skills. * Detail-oriented with a high degree of accuracy in payroll verification. * Strong vendor management and negotiation skills. * Proficiency in Excel and payroll management software. * Ability to work under tight deadlines and handle confidential information with integrity.

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