Payroll & Compliance Specialist

Company: IDBI Intech
Apply for the Payroll & Compliance Specialist
Location: Maharashtra
Job Description:

We are seeking an experienced Payroll & Compliance professional to manage end-to-end payroll processing, statutory compliance and manpower cost reporting. The role involves coordinating with HR, Finance and Project teams to ensure accurate payroll processing, resource allocation reporting and employee cost management for organizational and project-level financial planning.

Key Responsibilities:
Payroll Management

  • Manage end-to-end payroll processing including payroll inputs, CTC updates, new joiners, deductions, and arrears calculations.
  • Process tax computations including Form 12B updates, tax declarations, and investment proof validation.
  • Ensure statutory compliance including PF, ESIC, Professional Tax, and TDS (Form 24Q).
  • Prepare salary bank upload files and coordinate salary processing with finance.

MIS & Manpower Cost Reporting

  • Prepare monthly resource allocation and manpower cost reports for projects.
  • Conduct variance analysis and share reports with management.
  • Prepare salary cost break-up files, journal vouchers, and provisions for employee benefits such as gratuity, leave encashment, insurance, and LTA.
  • Provide employee cost inputs for business proposals, budgeting, and cost reviews.

Reimbursements & Employee Support

  • Process employee reimbursements including mobile, conveyance, and vehicle reimbursements.
  • Maintain vehicle reimbursement records and calculate related tax/perquisite values.
  • Address employee queries related to payroll, PF, ESIC, taxation, and payslips.

Posted: March 24th, 2026