Chola is Hiring Senior Executive For Payroll in Chennai

Job Description: Senior Executive - Payroll

Company: CHOLA
Function: Finance Department - Payroll
Designation: Senior Executive - Payroll
Location: Chennai
Experience: 510 Years
Employment Type: Full-time

Job Purpose

We are looking for an experienced Senior Executive - Payroll to manage end-to-end payroll activities with a strong focus on accuracy, statutory compliance, taxation, payroll controls, and timely processing.

The ideal candidate should have hands-on experience in managing payroll operations, employee taxation, ETDS filing, Form 16 generation, payroll reconciliation, and employee payroll queries. Exposure to leading payroll platforms and strong proficiency in Microsoft Excel are essential for this role.

Key Responsibilities

• Handle end-to-end monthly payroll processing and ensure accurate and timely salary disbursement.
• Validate monthly payroll inputs, including new joiners, exits, attendance, leave, salary revisions, incentives, bonuses, reimbursements, recoveries, and other variable components.
• Perform pre-payroll and post-payroll validations, variance analysis, and payroll reconciliation.
• Ensure accurate computation of salary, income tax/TDS, and applicable statutory deductions and contributions.
• Handle ETDS filing and support Form 16 generation through TRACES/RPU.
• Ensure adherence to applicable payroll, taxation, statutory, and labour compliance requirements.
• Maintain accurate payroll records, employee data, and supporting documentation with high levels of confidentiality.
• Coordinate with HR, Finance, Taxation, Compliance, IT, and payroll service providers for smooth payroll processing.
• Handle and resolve employee queries related to salary, taxation, deductions, Form 16, and other payroll matters.
• Support internal, statutory, and payroll audits by providing required reports, reconciliations, and documentation.
• Prepare regular payroll MIS, variance reports, reconciliation statements, and management reports.
• Monitor payroll exceptions and proactively identify discrepancies before payroll closure.
• Support payroll process improvements, automation initiatives, and strengthening of payroll controls.
• Ensure strict adherence to payroll timelines and internal processes.

Candidate Profile

Education

• Masters degree in Human Resources, Finance, Accounting, Commerce, or a related discipline.
• Payroll-related certifications such as CPP / FPC or equivalent would be an added advantage.

Experience

• 510 years of relevant experience in Payroll Operations / Payroll Administration, preferably in a large organization.
• Strong hands-on experience in end-to-end payroll processing.
• Experience handling a large employee payroll base will be preferred.

Technical Skills

• Strong knowledge of payroll processing, income tax/TDS, statutory compliance, payroll reconciliation, and payroll controls.
• Hands-on knowledge of ETDS filing, Form 16 generation, TRACES, and RPU.
• Experience with payroll platforms/service providers such as ADP, TalentPro, Talent Maximus, Ramco, Pierian, Ascent, Allsec, or similar payroll systems.
• Advanced proficiency in Microsoft Excel, including:
• VLOOKUP / XLOOKUP
• PivotTables
• Data analysis and reconciliation
• Payroll MIS and large-data handling
• Good understanding of payroll-related statutory and regulatory requirements.

Key Competencies

• High level of accuracy and attention to detail
• Strong numerical and analytical ability
• Ability to work with large volumes of payroll data
• Ability to meet stringent payroll deadlines
• Strong problem-solving and reconciliation skills
• High level of confidentiality and integrity
• Effective communication and interpersonal skills
• Ability to coordinate with multiple internal and external stakeholders