Payroll Manager

Job Purpose

• To manage end-to-end payroll processing, ensure accurate salary disbursement, maintain employee payroll records, and ensure compliance with applicable statutory requirements.

Reporting

• Direct Reporting: Sr. Director, HR.
• Functional Reporting: HR.

Key Responsibilities

• Manage end-to-end monthly payroll processing, including salary calculations, deductions, reimbursements, and final settlements.
• Maintain accurate employee payroll data, attendance, leave, overtime, and salary records.
• Process statutory deductions and compliance, including PF, ESIC, Professional Tax, TDS, and Labour Welfare Fund, as applicable.
• Prepare and validate payroll inputs, salary registers, payslips, and payroll reports.
• Coordinate with HR, Finance, and employees to resolve payroll-related queries.
• Handle full and final settlements, salary revisions, bonuses, incentives, and arrears.
• Ensure timely salary disbursement and maintain payroll confidentiality.
• Support payroll audits, reconciliations, and statutory filings.
• Maintain employee records and payroll documentation in accordance with company policies and applicable laws.
• BUDGETING: Assist in preparing and monitoring the employee salary budget, payroll costs, manpower expenses, and employee benefits. Track actual expenses against budgets, analyze variances, and prepare periodic cost reports to support financial planning.
• EMPLOYEE COMPLIANCE: Ensure employee documentation and statutory records are maintained in accordance with applicable labour laws and company policies. Monitor compliance requirements related to PF, ESIC, Professional Tax, TDS, Labour Welfare Fund, and other applicable regulations. Track statutory deadlines, support timely filings and payments, maintain audit-ready records, and coordinate with relevant departments to address compliance gaps.

Candidate Profile

• Education: Graduate.
• Experience: 611 years in payroll processing and statutory compliance.
• Attention to Detail: ensures payroll accuracy.
• Analytical Skills: identifies payroll discrepancies.
• Time Management: meets payroll deadlines.
• Confidentiality & Integrity: protects employee information.
• Problem-Solving: resolves payroll issues efficiently.
• Compliance Orientation: ensures statutory compliance.

Key Result Areas

• Accurate and timely monthly payroll processing.
• Timely statutory compliance and payroll reporting.
• Accurate employee payroll records and resolution of payroll discrepancies.