Insight Cosmetics
Website:
insightcosmetics.in
Job details:
Job Title: Payroll Executive
Location: Lower Parel/Curry Road
Experience: 3–6 years
Payroll Size: 1,500+ employees/workers
Job Summary
We are looking for a detail-oriented Payroll Executive with hands-on experience in managing payroll for a large workforce of 1,500+ employees and workers. The ideal candidate should have strong expertise in payroll processing, contractor payments, data management, and advanced Excel skills, ensuring accurate and timely salary disbursement and statutory compliance.
Key Responsibilities
Payroll Processing
- Handle end-to-end payroll processing for 1,500+ employees/workers, including permanent staff, contractual workers, and daily wage staff.
- Process monthly salaries, overtime, incentives, deductions, arrears, and final settlements.
- Ensure timely and accurate salary disbursement.
Contractor & Labour Payments
- Manage contractor bills, labour payments, and wage reconciliation.
- Verify attendance, man-days, and rates as per agreements before processing payments.
- Coordinate with contractors for discrepancies and payment clarifications.
Attendance & Data Management
- Collate and validate attendance data from biometric/WMS systems.
- Maintain accurate payroll records, employee master data, and wage registers.
- Ensure strong data control and confidentiality.
Statutory Compliance
- Handle PF, ESIC, PT, LWF, TDS, and other statutory deductions.
- Prepare and file statutory returns and ensure timely payments.
- Coordinate with consultants and government authorities when required.
Reporting & MIS
- Prepare payroll MIS, cost reports, variance analysis, and headcount reports.
- Support audits by providing payroll data, registers, and reconciliation statements.
- Generate management reports as required.
Excel & Systems
- Use advanced Excel (VLOOKUP/XLOOKUP, Pivot Tables, formulas, data validation) for payroll calculations and reporting.
- Ensure data accuracy while handling large volumes of employee data.
- Work closely with HR and Finance teams for payroll-related activities.
Key Skills & Competencies
- Strong experience in high-volume payroll (1,500+ headcount).
- Excellent Excel and data management skills.
- Good understanding of labour laws and statutory compliance.
- close attention to detail and accuracy.
- Ability to manage tight deadlines and large data sets.
- Good coordination and communication skills.
Qualification
- Bachelor’s degree in Commerce, Finance, HR, or related field.
- Certification in payroll or labour laws will be an added advantage.
Click on Apply to know more.