Payroll Manager/Mumbai-BKC

Job Description:

Key Responsibilities:

• Payroll Management (India):
• Manage end-to-end monthly payroll processing for employees in India, ensuring accuracy and timeliness.
• Validate salary inputs, incentive/bonus calculations, and ensure accurate taxation (TDS, PF, ESI, PT, Gratuity, LWF).
• Address employee payroll-related queries in coordination with HR.
• Global Payroll Support:
• Collaborate with external vendors/partners to support payroll processing in international geographies.
• Ensure adherence to local compliance requirements in new markets as the company scales operations overseas.
• Vendor & Process Management:
• Manage relationships with payroll vendors, auditors, and compliance partners.
• Negotiate contracts, monitor SLAs, and ensure service quality.
• Oversee vendor processing and validation of invoices/payments.
• Compliance & Reporting:
• Ensure full compliance with Indian labor laws, income tax, and other statutory regulations.
• Stay updated with changes in payroll legislation in India and key overseas markets.
• Prepare and submit statutory returns and payroll-related MIS to management.
• Audit & Governance:
• Lead payroll audits (internal, statutory, and external).
• Implement strong governance and controls to minimize errors and risks.
• System & Process Improvements:
• Identify opportunities for payroll automation and digitalization.
• Support integration of payroll systems with HRIS/ERP for efficiency.