Payroll Executive

Payroll Executive – Job Description

Position: Payroll Executive

Location: Thane – Wagle Estate

Experience: 1–3 years in Payroll

Qualification: B.Com / M.Com / BBA / MBA (HR)

Software: Spine Software experience is mandatory

Salary: Up to ₹50,000 per month, based on experience & knowledge

Key Responsibilities

Manage end-to-end monthly payroll processing accurately and within defined timelines.

Maintain and update employee master data, attendance, leave, salary structures and other payroll inputs.

Calculate salary, overtime, deductions, incentives, bonuses and reimbursements.

Process and verify PF, ESIC, PT, LWF, TDS and other statutory deductions.

Prepare and distribute monthly salary slips to employees.

Ensure timely processing of full & final settlements for exiting employees.

Maintain accurate payroll records and employee documentation in Spine Software.

Reconcile payroll data with bank statements, PF, ESIC and other statutory records.

Prepare payroll-related MIS reports and management reports.

Handle employee queries related to salary, deductions, attendance, leave and payroll discrepancies.

Coordinate with Finance/Accounts for salary disbursement and payroll reconciliation.

Ensure compliance with company policies and applicable statutory requirements.

Maintain confidentiality of employee salary and personal information.

Support payroll audits and provide required reports/documents whenever needed.

Required Skills

Strong knowledge of payroll processing and statutory compliance.

Hands-on experience with Spine Payroll Software – mandatory.

Good knowledge of MS Excel and payroll MIS.

Strong numerical and analytical skills.

Good communication and coordination skills.

High level of accuracy, confidentiality and attention to detail.

Ability to manage payroll deadlines and resolve employee queries efficiently.