Key Responsibilities:
PayrollManagement & Leadership:
- Lead and manage end-to-endpayrollprocessing for multiple entities, ensuring timeliness, accuracy, and compliance.
- Supervisepayrollexecutives/associates and provide guidance, training, and performance feedback.
- Validate employee data, attendance, variable components, and reconciliations prior topayrolldisbursement.
- Ensure robust controls are in place for error-freepayrollprocessing.
Compliance & Governance:
- Ensure compliance with statutory requirements such as PF, ESI, PT, Income Tax, LWF, Gratuity, and other applicable laws.
- Oversee preparation and filing of monthly, quarterly, and annual statutory returns.
- Ensure timely issuance of Form 16 and other statutory documents.
- Stay updated with amendments in tax and labor regulations and ensure company policies are aligned.
Audit, Reporting & Reconciliation:
- Conduct periodicpayrollaudits to ensure accuracy and compliance.
- PreparepayrollMIS reports, dashboards, and analytics for management.
- Reconcilepayrollaccounts with finance and statutory deductions.
- Support internal and external audits by providing necessary records and explanations.
Employee Experience & Stakeholder Management:
- Act as an escalation point for employeepayrolland tax-related queries.
- Collaborate with HR, Finance, and external vendors to resolvepayrolldiscrepancies.
- Ensure clear communication ofpayrollpolicies, tax benefits, and statutory guidelines to employees.
Process Improvements & Automation:
- Evaluate, recommend, and implement process improvements to enhancepayrollefficiency and accuracy.
- Drive automation and adoption of digitalpayrollsolutions (GreytHR, ZohoPayroll, or equivalent).
- Document and updatepayrollSOPs and process flows for standardization.
Candidate Requirements:
- Bachelor's degree in HR, Finance, Accounting, or a related field (preferred).
- 5 7 years ofpayrollmanagement experience, with at least 2 years in a supervisory/lead role.
- Proficiency inpayrollsoftware (GreytHR, ZohoPayroll, or similar) and strong MS Excel skills.
- In-depth knowledge of Indianpayrolllaws, tax regulations, and statutory requirements.
- Demonstrated ability to managepayrollfor medium to large organizations.