Razorpay was founded by Shashank Kumar and Harshil Mathur in 2014. Razorpay is building a new-age digital banking hub (Neobank) for businesses in India with the mission is to enable frictionless banking and payments experiences for businesses of all shapes and sizes. What started as a B2B payments company is processing billions of dollars of payments for lakhs of businesses across India.
Designation: Payroll Executive
Roles and responsibilities
This position is responsible for the preparation of the monthly payroll and ensuring compliance and accuracy in Payroll activities as per the payroll calendar for various locations of Razorpay.
- Well-experienced in end-to-end payroll preparation, processing, and review.
- Manage the payroll tool and ensure the availability of employee details, i.e., payslips, form 16, compensation structure, investment and flexi declarations, etc.
- Work on flexi claims and reimbursements on a monthly basis.
- Manage payroll accounting with monthly accounting entries.
- Work on Performance bonuses and quarterly incentives.
- Ensure on-time preparation and release of full and final settlements.
- Handle employee queries and ensure on-time query resolution.
- Work on quarterly and annual returns and ensure on-time filing of the returns.
- Work in year-end activities, i.e., Investment & flexi declarations, proof collections, Form 16 generation, etc.
- Prepare and maintain payroll-related MIS, reports, trackers, and schedules on a monthly basis.
- Work with the statutory compliance team on PF, PT, TDS & LWF for various locations of Razorpay and ensure timely payments.
- Work with various vendors on meal and gift vouchers.
- Actively participate in internal Audits and ensure zero non-compliances
Qualification and Experience
- 1-3 years of hands-on experience in India payroll, various locations in India
- Experience with outsourced and in-house payroll processing
- Experience with various payroll tools, i.e., ADP, Ascent, greytHR, Excility, etc.
- Must be proficient in MS Excel.
- Good to have experience with accounting software such as Tally or SAP
- Must have excellent communication skills
- Good understanding of various statutory and labour compliances.
- Graduate/post graduate, preferably with commerce or Science
Similar Jobs
What We Do
Power your finance, grow your business.
Razorpay is India’s first full-stack financial solutions company. We are on a mission to enhance the payment experience of over 300 million end consumers. And in doing so, we aim to enable Indian businesses - big and small - accept payments digitally with minimal effort and maximum ease.
Razorpay has grown from being a payment gateway provider to a solutions-driven organization boasting of an extensive products suite to accept and disburse payments as well as raise capital and park money. In a nutshell, we fit into every nook and corner where your business touches money.
#OutgrowOrdinary
We identify ourselves as disruptors in the digital payments space and our vision is to power the financial ecosystem for other disruptors. Like attracts like and Razorpay actively looks to partner with established companies and startups that have either broken the glass ceiling in their industry or are set to.
The Razorpay Product Suite today comprises verticals, along with Payment Gateway, like Payment Links, Payment Pages, Subscriptions, Smart Collect, Route, Razorpay Capital, RazorpayX, Payroll and Thirdwatch.
Razorpay was started in 2014 by two IIT Roorkee alumni, Harshil Mathur and Shashank Kumar. Just a short few years later, Razorpay has evolved into a 800-odd strong organization with some of the best talents in the country helping some of the best companies manage their money movement seamlessly.
Certified cool
We are a bunch of spirited, ambitious and fun folks. And no, we’re not saying this ourselves--leading institutions have recognized Razorpay for the high trust and high-performance culture that we maintain.
Our strength lies in the people we are and we go to great lengths to nurture a family of coders, designers, sellers, marketers, analysts, writers, runners, photographers, gamers, tinkerers, and above all, people who are dreamers and doers at the same time. Be a part of our exciting journey.
