Deputy Manager/Assistant Manager - Payroll

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