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    Job · 15716638

    Kotak Mahindra Bank Ltd.. logo

    Payroll Executive DM/ Manager-HR

    Kotak Mahindra Bank Ltd.. · Mumbai · onsite · Posted 48d ago

    ₹6.0L - ₹10.0L PA5–10 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    Job Summary

    We are seeking an experienced Payroll Executive with 5+ years of hands-on experience in end-to-end payroll processing of 15000+ Employees, statutory compliance, employee query management, and payroll reconciliations. The candidate should possess strong knowledge of payroll regulations, income tax, labour laws, and payroll systems to ensure accurate and timely salary processing. Exposure to HRMS implementation, payroll migration, and process automation projects.

    Key Responsibilities

    Payroll Processing

    • Manage end-to-end monthly payroll processing for employees.
    • Validate payroll inputs including new joiners, exits, salary revisions, incentives, reimbursements, and deductions.
    • Ensure timely salary disbursement and generation of payroll reports.
    • Manage Company Car Profile
    • Coordinate with Vendors and Internal Stakeholders.
    • Maintain payroll records and employee master data.
    • Prepare MIS reports, payroll analytics, and management dashboards.
    • Reconcile payroll data with Finance and Accounts teams.
    • Ensure accuracy of CTC structures and payroll components.
    • Resolve employee queries related to salary, Leave & Attendance, taxation, benefits, and deductions.

    Audit & Controls

    • Support internal and external payroll audits.
    • Ensure payroll process compliance with company policies and statutory requirements.
    • Maintain confidentiality and data security of employee payroll information.

    Key Competencies

    • Attention to Detail
    • Data Accuracy
    • Stakeholder Management
    • Confidentiality & Integrity
    • Process Improvement
    • Compliance Orientation
    • Time Management

    Required Skills

    • Strong understanding of payroll processing and statutory compliance.
    • Knowledge of PF, ESIC, PT, LWF, Income Tax, and labour laws.
    • Advanced Microsoft Excel skills (VLOOKUP, XLOOKUP, SUMIFS, Pivot Tables).
    • Strong analytical, communication, and problem-solving skills.
    • Ability to handle large employee volumes and strict payroll timelines.

    Educational Qualification

    • Bachelor's Degree in Commerce.
    • MBA/PGDM in HR is preferred.
    • Payroll or HR certification will be an added advantage.

    Sourced from naukri

    Skills

    BonusStatutory Complianceprovident fundSalary ProcessingPFESICGratuityPayrollPayroll ProcessingStatutory Laws

    About Kotak Mahindra Bank

    Kotak Mahindra Bank Ltd.. logo

    Kotak Mahindra Bank Ltd..

    Banking

    60.4k+

    employees

    1985

    41 years old

    Mumbai, Maharashtra

    India

    ₹7.9L PA avg

    Avg at Kotak Mahindra Bank

    ₹6L – ₹10L PA

    This role

    About

    From launching Kotak Mahindra Finance Ltd. in 1985 to becoming one of the country’s most trusted financial institutions today, it’s been quite a journey.

    Industries

    BankingFinancial Services

    Employee ratings

    0 reviews

    3.7/ 5

    Employees rate it well for

    Overall Company37Job Security36

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    Payroll Executive DM/ Manager-HR · waiting for your command