Senior Executive- Payroll

Job description

**Role & responsibilities** - Process payroll for employees on a regular basis, ensuring accuracy and timeliness. This includes calculating salaries, overtime, bonuses, deductions and full and final settlement of resigned employees etc. - Maintain employee payroll data accurately in the payroll system, including new hires, terminations, changes in salary or benefits, and timekeeping records. - Ensure compliance with all relevant legal regulations and tax laws related to salary processing. - Prepare and submit payroll taxes and reports accurately and on time. - Investigate and resolve payroll discrepancies and issues in a timely manner. Address employee queries regarding payroll matters professionally and promptly. - Generate payroll reports as needed for management review, budgeting, and auditing purposes. - Provide insights and analysis on payroll data as required. - Maintain accurate and organized payroll records and files, ensuring confidentiality and security of sensitive information. - Continuously evaluate payroll processes and identify opportunities for improvement in efficiency, accuracy, and compliance. Implement changes as approved. **Preferred candidate profile:** **Education:** - Bachelors degree in accounting, Finance, Business Administration, or related field preferred. - Strong understanding of payroll accounting, regulations, tax laws, and compliance requirements. - Proficiency with payroll software and Microsoft Office Suite, particularly Excel. - Excellent attention to detail and accuracy in data entry and calculations. - Strong organizational and time management skills, with the ability to prioritize tasks effectively. - Excellent communication and interpersonal skills, with the ability to work collaboratively in a team environment. - Ready to work as an individual contributor. **Experience:** - 6 to 10 years of relevant experience and working as a payroll processor. **Skills:** - Process payroll for employees on a regular basis, ensuring accuracy and timeliness. This includes calculating salaries, overtime, bonuses, deductions and full and final settlement of resigned employees etc.