Manager – Payroll Shared Services

Key Responsibilities

Payroll Management:

• Oversee and manage the end-to-end payroll processing for all employees in India.
• Ensure timely and accurate calculation of employee salaries, wages, bonuses, and deductions.
• Manage monthly payroll runs, off-cycle payments, and year-end processes, including issuing Form 16.

Compliance and Regulations:

• Ensure payroll complies with statutory requirements including Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT), Income Tax (TDS), and Labor Welfare Fund (LWF).
• Stay updated on changes in labor laws, tax laws, and government policies related to payroll.
• Ensure timely filing of statutory reports and payments to relevant government authorities.

Employee Records:

• Maintain accurate employee payroll records, including new hires, terminations, promotions, and salary changes.
• Oversee the processing of employee benefits, leave encashment, gratuity, etc.
• Collaborate with the HR department to ensure seamless employee onboarding and exit formalities in relation to payroll.

Vendor Management:

• Manage relationships with payroll software vendors and other third-party providers (e.g., tax consultants, EPF trustees).
• Ensure the payroll system is functioning efficiently and resolve any system-related issues.

Auditing and Reporting:

• Conduct regular payroll audits to ensure accuracy and compliance.
• Prepare and provide payroll-related reports and metrics to senior management (e.g., cost reports, variance analysis, etc.).
• Assist internal and external auditors during payroll audits.

Process Improvement:

• Continuously review and improve payroll processes to enhance efficiency, accuracy, and employee experience.
• Implement automation and streamline workflows where possible.

Team Leadership:

• Lead and mentor a team of payroll specialists, providing guidance and support.
• Ensure the payroll team meets deadlines and maintains high levels of accuracy and service quality.

Employee Query Management:

• Address payroll-related queries from employees and resolve discrepancies in a timely manner.
• Provide guidance to employees regarding salary calculations, deductions, and statutory compliance.

Qualification & Requirements

Benefits

• Insurance Benefits
• Retirement Benefits
• Vacation Policy
• Other Perks and Benefits…