Sector
BFSI
Keyword

Accountant

Bookkeeper

Account Representative

Payroll Executive

HR Specialist (Payroll)

Minimum - Bachelor?s Degree in Commerce/allied subjects or Diploma in Commercial Practice

Certified training for Accounts Executive (Payroll) (programme aligned to BSC/Q 1201 released by BFSI Sector Skill Council of India)

Preferably relevant work experience

The tasks an Accounts Executive (Payroll) is expected to perform include: Maintaining and updating records related to salaries payable

Preparing salary advices

Filing and recordkeeping

Knowledge of key salary components like basic, HRA(House Rent Allowance), travelling allowance etc.Adept at maintaining employee records

In-depth knowledge of accounting principles

Knowledge of computer programmes like MS Excel, MS Word, Tally etc.In-depth knowledge of financial concepts like calculation of interest, VAT, service tax, statutory deductions from salary etc.

Preferably training offered by respective financial institutions

Ability to multitask

Highly motivated and self-driven Good analytical skills

Good communication skills

Team player

Problem solving skills

Integrity

It is a desk job

May need to handle a team

Travelling is not a part of this job role

Part-time jobs are available

Work from home option is not available

Working hours

Companies usually work for 5/6 days a week and 8/9 hours everyday.This may vary from company to company

Shift system is not available

Is the job suitable for a candidate with special needs?Maybe

This job is not listed as hazardous or dangerous

One may develop occupational hazards like backache, poor eyesight, stress etc. if not taken care of

For freshers -INR20,000 toINR23,000 per month

For candidates with 1 to 2 years? experience -INR25,000 toINR30,000 per month

(These figures are indicative and subject to change)

Overview of India?s BFSI IndustryThe banking &financial system of the country plays a substantial role in promoting the long-term growth of the economy. The major segments of the industry are banking, insurance and mutual funds.Based on the expected growth in the Banking and Financial Services Industry (BFSI), it is expected that about 8.4 million people would be employed in the industry. The incremental human resource requirement between 2008 and 2022 is expected to be about 4.2 million. The majority of the incremental requirement is in the financial intermediary segment which is primarily driven by planned development, such as JnNURM, of cities and towns where the financial services penetration is low.

Banks Insurance companies Payroll management companies

Towns and cities across India