Payroll Specialist

Position Overview

We are seeking a diligent Payroll Specialist to manage comprehensive payroll processes, ensuring accuracy and compliance with statutory regulations. This role involves handling salary calculations, statutory deductions, tax filings, and employee queries related to payroll.

Key Responsibilities

• Manage end-to-end payroll activities including monthly salary calculations, overtime, bonuses, and deductions aligned with attendance and time records.
• Handle statutory contributions and filings such as Provident Fund (PF), Employees' State Insurance (ESI), Professional Tax (PT), Labour Welfare Fund (LWF), and Tax Deducted at Source (TDS).
• Ensure tax compliance by computing income taxes on salary, timely depositing of challans, and preparing annual tax documents like Form 16.
• Maintain secure and confidential employee compensation records and collaborate with auditors for compliance audits.
• Act as the main point of contact for employees regarding salary, taxation, and benefits-related queries.
• Stay updated on labor law regulations to modify payroll policies accordingly and avoid legal non-compliance.