Responsibilities:
- Payroll Review: Conduct thorough reviews of payroll deliverables prepared by the team, ensuring accuracy and adherence to company policies and procedures.
- Payroll Reports: Generate comprehensive payroll reports in Excel, including CTC reconciliation, variance analysis, and other key reports as needed.
- Team Handling: Develop and implement work plans and schedules for the payroll team, optimizing workflow and resource allocation.
- Team Leading: Effectively delegate tasks among team members, provide ongoing coaching and mentoring, and foster a positive and collaborative team environment.
- Client Liaison: Serve as the primary point of contact for clients regarding payroll inquiries and concerns, ensuring clear and effective communication.
- Process Improvement: Continuously identify opportunities to streamline and improve payroll processes, enhancing efficiency and accuracy.
- Reporting Matrices: Develop and monitor key performance indicators (KPIs) to track the effectiveness of the payroll function.
- Regulations Compliance: Maintain a deep understanding of all relevant payroll regulations such as PF, ESI, Gratuity, and ensure strict adherence.
- Payroll Processing: Possess solid expertise in structuring salaries, calculating deductions and taxes, and processing payroll accurately and timely.
- Statutory Compliance: Manage contributions and filings for PF, ESI, LWF, and other statutory deductions.
- Income Tax Knowledge: Understand income tax principles relevant to payroll processing.
- Expatriate Payroll: Demonstrate knowledge of handling payroll for expatriate employees.
- Team Performance: Review the work quality of team members and provide constructive feedback for improvement.
- Timeliness and Accuracy: Ensure payroll is delivered to employees accurately and on time for every pay cycle.
- Verification and Reconciliation: Conduct thorough verification and reconciliation of monthly payroll data.
Qualifications:
- 6 to 15 years of experience in payroll processing or a related field.
- Proven track record of leading and motivating a team in a fast-paced environment.
- Strong analytical and problem-solving skills with a keen eye for detail.
- Excellent communication and interpersonal skills, with the ability to effectively interact with team members, clients, and other stakeholders.
- Proficiency in Microsoft Office Suite, particularly Excel for data analysis and reporting.
- In-depth knowledge of Indian payroll regulations (PF, ESI, Gratuity, etc.) and tax principles.
Experience with payroll software is a plus
Didn’t find the job appropriate? Report this Job
Download the iimjobs app to
apply for jobs anywhere, anytime
Download on
App Store
Get it on
Google Play
Scan to Download