HR Payroll Executive Job Vacancies in Mumbai

Company DescriptionParamount Health Services & Insurance TPA Pvt. Ltd. (PHS) is a leading Third Party Administrator (TPA) in the health insurance sector with a PAN India presence, working with various insurance companies. PHS enhances health insurance policies by providing value-added services such as managing a network of healthcare service providers, streamlining medical care, managing claims, and offering expert advice. The organization is dedicated to delivering customized healthcare solutions for its clients, ensuring seamless and efficient healthcare delivery. With a commitment to excellence, PHS provides comprehensive support to its clients by administering tailored healthcare packages. With over 2,500 employees and consultants spread across 23 states, Paramount has its Head Office at Thane, Corporate Office in Andheri and operating through 30 + branches and regional representatives working remotely, Paramount offers a dynamic and compliant-driven work environment.Role DescriptionThis is a full-time, on-site role for a Payroll Executive - Human Resources at our office located in Andheri (East) : Sumer Plaza, Marol Maroshi Road, Marol, Mumbai - 400059. Require experience of minimum 3 years hands-on experience in payroll processing and statutory compliances for more than 1000 employees.Job Overview:The Payroll Executive is to manage and execute end-to-end payroll operations for both employees and consultants across India. The role involves handling monthly salary processing, variable payout based on targets, state wise statutory compliance deductions and payments, tax calculations, statutory bonuses, full and final settlements, gratuity and filing of statutory payments. The Executive is to address payroll-related employee grievances, while ensuring accuracy, timeliness, and compliance with applicable laws.Key Responsibilities: Process monthly payroll using Paypac, based on attendance and leave data imported from the in-house HRMS and Excel sheets. Ensure timely and accurate salary disbursement as per organizational deadlines. Administer compensation and benefits in compliance with applicable state-specific labour laws. Calculate and deduct statutory contributions including Provident Fund (PF), Employee State Insurance (ESI), Labour Welfare Fund (LWF), and Professional Tax (P Tax). Handle multiple payroll structures for employees and consultants, ensuring alignment with employment type and legal requirements. Manage tax computation, including understanding of tax slabs, exemptions, and verifying timely investment declarations from employees. Address and resolve employee queries and grievances related to salary, deductions, payslips, and tax computation. Submit statutory filings and upload required returns for PF, ESI, LWF, and P Tax within defined timelines. Stay updated on evolving labour laws, income tax rules, and state-specific compliance mandates. Support internal and external audits by maintaining accurate documentation and reconciliations of payroll and compliance records. Prepare monthly payroll reports, variance analysis, and data for management reviewThe candidate over and above minimum 3 years of relevant experience requires to have: Strong knowledge of state-wise labour laws, PF, ESI, LWF, Professional Tax, Bonus, and Gratuity. Practical understanding of income tax computation, exemption rules, and declaration management. Proficiency in Excel and experience with payroll tools. Strong analytical skills, attention to detail, and problem-solving abilities. Excellent written and verbal communication skills. Ability to maintain confidentiality and manage sensitive payroll data with integrity.

HR Payroll, HR Generalist, HR Attendance management, Labour laws, Statutory compliances.

Purpose of the job:The Payroll Administrator is responsible to perform complex work involved in the processing of the payroll; audit and verify incoming payroll data; assist departments with applicable forms and processes; initiate course of corrective action and provides guidance to departments to process accurate employee payroll; compile and administer salary increases and retroactive pay; process statutory payments.Critical experience:Must have 3-5 years hands-on experience of a payroll software system.At least 4 years experience in a payroll administrator function within a large multinational, across multiple locations and currenciesMust be able to demonstrate sufficient knowledge in the area of payroll taxes.Proficiency in the use of the timekeeping system will be an added advantage.Background in general HR administration advantageous including the ability to type and prepare contracts of employment.Excellent computer skills in Microsoft Word, Excel, AccessMinimum Education:Graduate in HR or Finance, a payroll specific qualification will be advantage.Technical competencies/ Professional expertise:Organising and planning: Sets clearly defined objectives; plans activities and projects well in advance and takes account of possible changing circumstances; identifies and organises resources needed to accomplish tasks; manages time.effectively; monitors performance against deadlines and milestones; meticulous attention to detail.Works Efficiently: Allocates own time efficiently; handles multiple demands and competing priorities; efficiently processes workflows; manages meetings and tasks effectively.Analysis/Reasoning: Examines data to grasp issues, draw conclusions, and solve problems.Interpersonal communication: Understands and learns from what others say, Grasps the meaning of information written in English and applies it to work situations; Conveys ideas and facts orally and written using language the receiver will best understand.Report write

Attendance, salary processing, compliance knowledge, payroll processing and core HR.

HR - Payroll cum Statutory Compliance (Female) UK Timing, 5 days, 2.30 pm to 11.30 pm, Drop facilities and Dinner arrangements at Office.1. End to End Recruitment2. Joining Formalities3. Preparing Various Letters like Offer & Appointment Letter, Warning, Termination, Retrenchment Letter Etc.4. Employee Engagement5. Knowledge of Pf,Esic & Gratuity6. End to End Admin Activities