Senior Manager - Payroll II Momentum Pvt Ltd

JOB DESCRIPTION
Senior Manager - Payroll

About the Role
We are looking for an experienced and detail-oriented Senior Manager -payroll to lead end-to-end payroll operations,
statutory compliance, payroll governance and related HR operations.
The role will ensure accurate, timely, compliant and efficient payroll processing while partnering with HR, Finance,
Business Heads and external payroll/statutory partners.
Key Responsibilities
1. Payroll Management
Own the complete monthly payroll cycle.
Ensure accurate processing of salary, incentives, deductions, reimbursements, arrears and bonuses.
Review attendance, leave, joiner, exit, salary revision, promotion and transfer inputs.
Conduct payroll validation and reconciliation before closure.
Ensure timely salary disbursement and resolution of payroll queries.

2. Statutory Compliance
Ensure compliance relating to PF, ESI, PT, LWF, TDS, Bonus, Gratuity and other applicable requirements.
Monitor changes in labour laws and payroll regulations.
Support implementation of applicable Labour Codes.
Coordinate with consultants, auditors and statutory authorities.

3. Payroll Governance & Controls
Establish payroll controls and approval mechanisms.
Identify payroll risks and control gaps and implement corrective actions.
Momentum Pvt. Ltd. | Senior Manager Payroll
Conduct periodic payroll audits and reconciliations.
Maintain payroll SOPs, documentation and compliance calendars.

4. HRMS & Payroll Systems
Manage payroll-related HRMS processes and employee master data.
Coordinate with HRMS/payroll vendors for enhancements and issue resolution.
Drive payroll automation and process improvements.
Ensure data accuracy, confidentiality and appropriate system access.

5. Employee Lifecycle Management
Integrate payroll with joining, confirmation, transfers, promotions, salary revisions, leave, attendance and exits.
Ensure accurate and timely Full & Final Settlements.
Manage leave encashment, gratuity, notice pay and other settlement components.
6. MIS & Analytics
Prepare monthly payroll MIS and management reports.
Conduct payroll cost and variance analysis.
Support employee-cost budgeting and forecasting.
Provide payroll analytics and insights to senior management.

7. Team & Stakeholder Management
Lead and develop the payroll and compliance team.
Work closely with HR, Finance, Accounts and business stakeholders.
Manage external payroll vendors and consultants.
Ensure timely resolution of employee payroll concerns.