Associate Payroll & Benefits Administration

The Payroll services associate will oversee the IIBSL payroll function and ensure the payroll process is carried out timely, without errors and in compliance with the statutory regulations. The incumbent will have the following responsibilities: Maintains and reviews payroll processing systems to ensure accurate and timely processing of the payroll transactions including salaries, benefits, reimbursements, taxes and other statutory or non-statutory deductions. Keep track and process the new hires, termination, changes in pay cycles and pay rates Maintain a record of all payroll related transaction Ensure compliance of central and state related labour and wage laws Facilitate any internal/external audit that happens as part of the regular payroll process review Coordinate with external vendors for processing the payroll Manage benefits and retirals administration – Medical insurance, ESIC, PF Requirements Education and Experience: Bachelor’s degree, preferably in Human resources 3-5 years of relevant experience Skills & Abilities: Extensive knowledge of payroll function & basic compensation structures including pay heads, taxes, and other deductions Adept in handling employee queries regarding payroll Proficient with Microsoft Excel Excellent attention to detail