HR Executive – Statutory & Compliance

Payroll & Salary Processing:

• Prepare monthly payroll for Bank and Cash employees on or before the 1st of every month.
• Ensure accurate processing of salary inputs, attendance, leave, OT, incentives, deductions, advances, and loans.
• Prepare and maintain the Monthly Total Payout Report.

Overtime (OT) Management:

• Prepare monthly OT reports on or before the 5th of every month.
• Coordinate with Department Heads to obtain OT approvals.
• Verify OT data, update the ERP system, obtain GM approval, and coordinate with the Accounts Department for payment processing.

Full & Final Settlement (FNF):

• Prepare FNF settlements for resigned employees.
• Verify salary, leave balance, OT, incentives, deductions, and recovery details.
• Share approved FNF data with the Accounts Department for payment processing.

Incentive & Performance Data:

• Prepare and maintain daily and monthly incentive reports.
• Maintain employee performance-related payout data for management review.
• Prepare Target vs. Achievement Reports for:
• Wholesale
• Retail
• Customer Care
• Technical Departments

Statutory Compliance:

• Register eligible new employees on ESI and PF portals.
• Process ESI & PF exits for resigned employees.
• Prepare monthly ESI & PF contribution reports and coordinate payment processing with Accounts.
• Prepare and file monthly Professional Tax (PT) returns and coordinate PT payment processing.
• Ensure compliance with all applicable labour laws and statutory regulations.

HR Documentation & Records:

• Maintain all statutory records and compliance documents in both physical and soft-copy formats.
• Ensure proper filing and easy retrieval of employee and compliance documents.
• Maintain updated records related to payroll, ESI, PF, PT, advances, loans, and settlements.

Salary Advance & Loan Administration:

• Issue salary advance and loan application forms to employees.
• Verify requests, obtain required approvals, and forward approved applications to the Accounts Department.
• Update and track salary advance and loan details in GreytHR.

Additional Responsibilities:

• Support other HR operations, statutory, payroll, and compliance activities assigned by the Department Head / Management.