Payroll Executive

About the Role

Sila Solutions Private Limited seeks a meticulous Payroll Executive to oversee the monthly payroll operations for employees stationed across various client sites. This role demands detailed handling of payroll data, attendance records, salary computations, statutory deductions, reconciliation, and MIS reporting using MS Excel.

Primary Responsibilities

• Manage comprehensive monthly payroll processing for both on-roll and site-based employees.
• Gather, verify, and consolidate payroll inputs such as attendance, leaves, overtime, incentives, deductions, and more from different locations.
• Create and maintain extensive payroll datasets utilizing MS Excel.
• Calculate salaries covering basics like Basic pay, HRA, allowances, overtime, incentives, deductions, arrears, and recoveries.
• Perform cross-validation of payroll information against attendance and employee master data to detect inconsistencies.
• Generate detailed monthly MIS reports including payroll, salary sheets, headcount, variance, and manpower costs segmented by site.
• Collaborate closely with HR, Operations, Finance, and site teams to ensure timely and accurate payroll input submissions.
• Manage Full & Final settlements for departing employees.
• Address employee inquiries related to salary structure, attendance, deductions, PF, ESIC, Professional Tax, etc.
• Assist with statutory payroll obligations like PF, ESIC, Professional Tax, Labour Welfare Fund, TDS, and other compliance matters.
• Maintain precise and confidential payroll and employee records.
• Provide necessary payroll documentation and reconciliations during internal and external audits.
• Ensure payroll is processed with utmost accuracy and adheres to deadlines.