Payroll Executive

Latinem Private Limited · Hyderabad, India

Job Title: Payroll Executive

Location: Hyderabad, Nanakramgud

Employment Type: Full-Time

Experience: 3 to 6 Years

If interested send your resume on

Educational Qualification

• B.Com / M.Com / MBA (Finance)
• Relevant certifications in Payroll, Accounting, or SAP will be an added advantage

Job Summary

We are seeking a detail-oriented and analytical Payroll Executive to manage end-to-end payroll operations while ensuring accuracy, compliance, and timely processing. The ideal candidate will possess strong payroll accounting knowledge, experience with ERP systems, and the ability to collaborate effectively with HR, Finance, and employees to ensure seamless payroll administration.

Key Responsibilities

Payroll Processing

• Manage end-to-end payroll processing for employees with high accuracy and within defined timelines.
• Review and validate payroll inputs including attendance, leave records, overtime, incentives, deductions, and benefits.
• Process final settlements, leave encashments, reimbursements, and bonus payments.
• Address employee payroll-related queries and resolve discrepancies promptly.

Payroll Accounting & Reconciliation

• Prepare payroll journal entries and post transactions in the ERP system.
• Perform payroll-related General Ledger (GL) reconciliations.
• Investigate and resolve payroll account discrepancies.
• Support month-end and year-end financial closing activities.

Compliance & Reporting

• Ensure compliance with applicable payroll, tax, labor, and statutory regulations.
• Prepare payroll reports, variance analysis, and management dashboards.
• Maintain payroll records and documentation with strict confidentiality.
• Coordinate with internal and external auditors and provide payroll-related information as required.

Systems & Process Improvement

• Manage payroll processing through ERP systems such as SAP.
• Support payroll automation, integration, and digital transformation initiatives.
• Develop and implement internal payroll controls to improve accuracy and efficiency.
• Identify opportunities for process improvements and operational excellence.

Stakeholder Management

• Collaborate closely with HR, Finance, and business teams to ensure payroll accuracy.
• Provide payroll guidance and support to employees and managers.
• Assist in training and supervision of payroll team members where applicable.

Required Skills

• Payroll Processing & Administration
• General Ledger Reconciliation
• Financial Reporting & Analysis
• Payroll Accounting
• Team Coordination
• Strong Attention to Detail

Technical Skills

• SAP ERP (mandatory/preferred)
• Advanced Microsoft Excel (Pivot Tables, VLOOKUP/XLOOKUP, Power Query, data analysis)
• Understanding of Payroll Systems and Automation Tools

Behavioral Competencies

• High level of accuracy and confidentiality
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Ability to work under tight deadlines
• Process-oriented mindset with continuous improvement focus