Payroll Manager

Key Responsibilities

Payroll Management

• Manage the complete monthly payroll cycle for approximately 2,000 employees.
• Collect, consolidate and validate payroll inputs from HR, business and other stakeholders.
• Review payroll calculations and identify discrepancies before salary processing.
• Perform monthly payroll reconciliation and variance analysis.
• Manage payroll inputs related to new joiners, exits, transfers, promotions, increments, LOP, incentives, reimbursements, arrears and deductions.
• Manage Full & Final settlements and leave encashment.
• Ensure timely and accurate salary processing and disbursement.

Payroll Validation & Accuracy

• Independently validate payroll outputs and identify errors or inconsistencies.
• Conduct month-on-month comparison of payroll data and investigate unusual variances.
• Establish and maintain payroll validation and reconciliation checks.
• Identify recurring payroll issues and work on corrective and preventive actions.
• Ensure payroll data is accurate, complete and properly documented before final sign-off.

Statutory Compliance & Labour Laws

• Ensure compliance with applicable statutory requirements including PF, ESI, Professional Tax, LWF, TDS, Gratuity, Bonus and other applicable regulations.
• Coordinate statutory filings, payments and reconciliations.
• Stay updated on changes in payroll-related labour laws and statutory requirements.
• Ensure necessary changes are incorporated into payroll processes in a timely manner.
• Support statutory, internal and external payroll audits.

Payroll Vendor & Stakeholder Management

• Coordinate with external payroll vendors and ensure timely completion of payroll activities.
• Review and validate payroll outputs received from the payroll partner.
• Work closely with Finance for payroll reconciliation, salary disbursement and accounting requirements.
• Partner with HR teams to ensure timely and accurate submission of payroll inputs.
• Resolve payroll-related employee queries and discrepancies within defined timelines.