Payroll Specialist Full Time

Job Title: Assistant Manager – Payroll & Compliance

Company: PhysicsWallah

Location: Corporate Office

Experience: 4–10 Years

About the Role:

PhysicsWallah is looking for an experienced Assistant Manager – Payroll & Compliance to manage end-to-end payroll operations and ensure adherence to statutory and labor laws. The ideal candidate will have strong expertise in handling large-scale payroll and driving HR operational excellence.

Key Responsibilities:

Payroll Management:

• Manage end-to-end payroll for a large workforce (10,000+ employees)
• Ensure accurate salary processing, tax calculations, reimbursements, and deductions
• Handle Full & Final settlements, gratuity, leave encashment, and bonuses
• Coordinate with finance for timely salary disbursement
• Prepare MIS reports, dashboards, and variance analysis

Compliance & Statutory:

• Ensure compliance with PF, ESI, PT, TDS, Bonus Act, Gratuity, and labor laws
• Manage statutory filings (monthly, quarterly, annual)
• Maintain statutory records and documentation
• Liaise with auditors and compliance vendors
• Handle license renewals (S&E, CLRA, PT, etc.)

Leave & Attendance:

• Oversee attendance and leave management systems
• Ensure accurate leave tracking and reporting
• Resolve employee queries related to attendance

HR Operations:

• Manage onboarding, induction, and exit processes
• Maintain HRIS records and employee documentation
• Issue HR letters (offer, confirmation, appraisal, relieving, etc.)
• Support appraisal cycles and compensation revisions

Budgeting & Reporting:

• Prepare salary budgets and forecasts
• Partner with finance for payroll planning
• Track and analyze payroll costs

Stakeholder Management:

• Collaborate with HR, Finance, and leadership teams
• Handle employee queries related to payroll and benefits
• Manage vendor relationships (payroll, compliance, insurance)

Required Skills:

• Strong knowledge of payroll processing and taxation
• Expertise in statutory compliance and labor laws
• Hands-on experience with HRIS tools (Darwinbox preferred)
• Advanced Excel and MIS reporting skills
• Strong analytical and problem-solving abilities
• Excellent communication and stakeholder management skills

Qualifications:

• MBA/PGDM in HR or related field
• Bachelor’s degree in Commerce or relevant discipline