Assistant Manager - Payroll & Compliance - Retail Brand

Assistant Manager - Payroll & Compliance

- We are seeking an experienced and detail-oriented Assistant Manager - Payroll & Compliance to oversee payroll processing, statutory compliance, and employee compensation for our retail operations.

- The ideal candidate will ensure accurate payroll execution, timely statutory filings, and adherence to labor laws and company policies.

Key Responsibilities:

Payroll Management:

- Manage end-to-end payroll processing for all employees, ensuring accuracy and compliance.

- Ensure timely salary disbursement, tax deductions (TDS), and reimbursements.

- Maintain and update employee salary structures, increments, and bonus payouts.

- Handle payroll reconciliations, reports, and audits.

- Coordinate with finance and HR teams for payroll-related queries.

Statutory Compliance:

- Ensure compliance with PF, ESI, LWF, Gratuity, and Bonus Act.

- File PF, ESIC, PT, TDS, and other statutory returns as per government deadlines.

- Stay updated with labor laws, tax regulations, and government notifications impacting payroll.

- Conduct periodic internal audits to ensure 100% compliance.

Employee Benefits & Compensation:

- Administer leave policies, attendance tracking, and overtime calculations.

- Handle employee queries related to payroll, taxation, and benefits.

- Ensure smooth processing of full & final settlements for exiting employees.

- Work on salary benchmarking & structuring as per industry standards.

HR & Compliance Reporting:

- Prepare and present payroll analytics & compliance reports to management.

- Assist in statutory inspections & audits conducted by labor authorities.

- Implement payroll process improvements & automation initiatives.

Key Skills & Requirements:

- 5+ years of experience in payroll processing & compliance, preferably in the retail industry.

- In-depth knowledge of labor laws, tax regulations, and statutory compliances.

- Proficiency in HRMS software (SAP, PeopleStrong, ADP, etc.) and payroll processing tools.

- Strong analytical and problem-solving skills with attention to detail.

- Excellent communication and stakeholder management skills.

- Ability to handle high-volume payroll processing in a fast-paced retail environment.