Finance Payroll Specialist

paytm
On-site
Posted 3 days ago
Finance

AI summary

The Finance Payroll Specialist manages payroll accounting, ensuring accurate salary processing and compliance with statutory regulations, while coordinating with HR and finance teams.

Eligible from: Unclear

Job Description

Job Summary
The Payroll Finance role is responsible for managing payroll accounting, ensuring accurate
salary processing, statutory compliance, and reconciliation of payroll-related financial
records. The role works closely with HR, finance, and external vendors to ensure timely
payroll processing and compliance with regulatory requirements.
Key Responsibilities
1. Payroll Processing & Validation
 Review monthly payroll inputs including new joiners, exits, salary revisions, bonuses,
and deductions.
 Validate payroll reports received from HR / payroll vendors before processing
payments.
 Ensure timely salary disbursement to employees.
2. Payroll Accounting
 Pass monthly payroll accounting entries in ERP (salary expense, provisions,
reversals).
 Reconcile payroll GL accounts including salary payable, reimbursements, and
provisions.
 Maintain payroll cost center allocations and ensure accurate financial reporting.
3. Statutory Compliance
 Ensure compliance with statutory deductions such as PF, ESI, PT, TDS on salaries,
and labour law requirements.
 Verify statutory payments and returns filed by payroll vendors.
 Coordinate during audits and regulatory reviews.
4. Reconciliation & Controls
 Perform reconciliation of payroll registers with bank payouts and accounting records.
 Reconcile statutory liabilities and ensure timely payments.
 Strengthen payroll internal controls and audit readiness.
5. Payroll Reporting & MIS
 Prepare payroll MIS reports including salary cost analysis, headcount cost, and
variance analysis.
 Support finance leadership with payroll cost forecasts and budgeting.
6. Audit & Compliance Support
 Support internal audit, statutory audit, and tax audits relating to payroll.
 Maintain documentation for payroll workings, approvals, and reconciliations.
7. Stakeholder Coordination
 Work closely with HR, payroll vendors, and finance teams to resolve payroll issues.
 Handle employee payroll queries related to tax, deductions, and salary payments.
Key Skills & Competencies
 Strong understanding of payroll accounting and statutory compliance
 Knowledge of TDS on salaries, PF, ESI, gratuity, leave encashment accounting
 Experience with ERP systems (SAP / Oracle / PeopleStrong / similar payroll
tools)
 Strong reconciliation and analytical skills
 Attention to detail and ability to handle confidential information
Qualifications
 CA Inter / CMA / MBA (Finance) / B.Com
 2–6 years of experience in payroll finance, payroll accounting, or finance
operations
Preferred Experience
 Experience in shared services or large employee payroll environments
 Exposure to payroll vendors and HRMS systems
 Experience handling audit and compliance for payroll

Ready to Apply?

Take the next step in your career journey

Apply Now

About the job

Posted on
Aug 17, 2026
Job type
Full-time
Location
Noida, Uttar PradeshOn-site

Explore more

Browse more jobs like this

Category

Work arrangement

Disclaimer: Real Jobs From Anywhere is an independent platform dedicated to providing information about job openings. We are not affiliated with, nor do we represent, any company, agency, or agent mentioned in the job listings. Please refer to our Terms of Services for further details.