Job Description: Lead – Payroll
Location: Mumbai, Maharashtra, India (On-site)
Experience Level: 7 + Years
Reports To: AVP - Payroll
Role Objective
We are seeking a seasoned Lead - Payroll to lead our end-to-end payroll function. This role is responsible for ensuring the highest standards of accuracy, statutory compliance, and process efficiency for a large, multi-location workforce.
Key Responsibilities
1. End-to-End Payroll Leadership
- Direct the monthly payroll cycle for a workforce of 1,000+ employees, ensuring 100% accuracy in salary registers, payments and deductions.
- Execute payroll using Darwinbox.
- Oversee high-volume bank disbursements and file uploads, ensuring zero-error payout execution.
- Lead the Full & Final (F&F) settlement process, including salary rejections and re-processing.
2. Statutory Compliance & Taxation
- Ensure absolute adherence to all labor laws, including PF, ESI, PT, LWF, and Gratuity.
- Manage TDS processing, investment proof verification, and the issuance of Form 16.
- Maintain audit-ready documentation and lead internal/external payroll audits.
- Oversee Statutory Compliance and ensure statutory payments align with salary registers.
3. Financial Integration & Reporting
- Manage payroll accounting, including GL postings, accruals, and Bank Reconciliation Statements (BRS).
- Partner with the Finance team to align payroll outputs with corporate accounting standards.
- Develop and present Payroll Analytics Dashboards, variance reports, and metrics to senior leadership.
4. Process Automation
- Drive digital transformation projects related to the payroll.
- Optimize workflows to reduce manual intervention and improve turnaround time (TAT).
Required Skills & Qualifications
- Education: Bachelor of Commerce (B.Com); PGDBA in Human Resources or an MBA is highly preferred.
- Technical Expertise: Proficiency in Darwinbox is essential. Advanced Excel skills for MIS and analytics.
- Experience: Minimum 7 years in payroll
- Soft Skills: Strong employee-first mindset, stakeholder management etc.
- Domain Knowledge: Deep understanding of Indian Labor Laws, CTC structuring.
