Search by job, company or skills

Manager Payroll & Compliance

Manager Payroll & Compliance

kolte-patil developers limited
8-12 Years
Not Disclosed
  • Posted an hour ago
  • Be among the first 10 applicants

Job Description

Role Summary

We are seeking an experienced Manager of Payroll and Compliance to oversee our end-to-end payroll operations and ensure absolute adherence to statutory labor laws. The ideal candidate will bring deep expertise in Indian payroll processing, tax regulations, and benefits administration, alongside a proactive approach to managing the transition toward the upcoming New Labour Wage Codes. This role requires a blend of operational excellence, expert analytical skills and proficiency in HR technology platforms.

Key Responsibilities

1. End-to-End Payroll Management

  • Oversee the accurate and timely processing of monthly payroll for all employees, ensuring zero-defect output.
  • Oversee attendance, leave records, and other allowances as inputs for payroll processing.
  • Administer the Full & Final (F&F) settlement process for exiting employees in adherence to company turnaround times.
  • Coordinate with the finance department for payroll funding, reconciliation, and accurate ledger posting.
  • Manage annual investment declarations, proof verification, and precise income tax computations (TDS) under old and new tax regimes.

2. Statutory Compliance & Labor Laws

  • Ensure 100% compliance with all statutory acts including EPF, ESIC, Professional Tax (PT), Labour Welfare Fund (LWF), Payment of Gratuity Act, and Payment of Bonus Act.
  • Manage & execute the organization's plan for restructuring & compliance for the implementation of the New Labour Wage Codes.
  • Manage timely filing of all statutory returns and maintain accurate registers as required by state and central labor laws.
  • Act as the primary point of contact for internal/external audits and liaison with government labor departments and compliance vendors.

3. HRIS & Technology Integration

  • Should be able to use HRIS platforms (specifically SAP SuccessFactors) to manage master data, extract information from various reports and generate payroll inputs.
  • Well versed with digital compliance tools and identify opportunities to digitize compliance tracking and improve the employee experience regarding payroll queries and tax planning.
  • Maintain data integrity and confidentiality across all HR systems and employee records.

4. Reporting, Analytics & Advisory

  • Prepare and deliver monthly payroll dashboards, highlighting variances and compliance metrics
  • Address and resolve complex employee grievances related to salary, taxation, and statutory deductions within defined SLAs.

Qualifications & Experience

  • Education: Bachelor's degree in Commerce, Finance, Human Resources, or a related field. (MBA in HR or a specialized diploma in Labour Laws is highly preferred).
  • Experience: 8–12 years of core experience in payroll processing and statutory compliance within a mid-to-large corporate environment. (Payroll handling of 1000+ white collar employees)
  • Technical Skills:
  • Hands-on experience with top-tier HRIS platforms (SAP SuccessFactors experience is a strong advantage).
  • Advanced proficiency in Microsoft Excel (VLOOKUP, pivot tables, complex formulas).
  • Knowledge: Deep understanding of the Indian Income Tax Act (as it pertains to salaries) and comprehensive knowledge of state-specific and central labor regulations.
  • Attributes: Exceptional attention to detail, and the ability to handle sensitive and confidential information with discretion.

More Info

Job Type:
Industry:
Employment Type:

Key Skills

Payment of Bonus Act

Indian Income Tax Act

Labour Welfare Fund

Payment of Gratuity Act