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    Job · 20295014

    JSW Steel logo

    Senior Payroll Manager

    JSW Steel · Mumbai · onsite · Posted 18d ago

    ₹25.0L - ₹40.0L PA12–20 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    Role PurposeThe Senior Manager Payroll will lead the end-to-end delivery of payroll operations for India JSW Group Entities. The incumbent will ensure accurate, compliant, and timely payroll processing while driving standardization, automation, governance, process excellence, and superior employee experience across multiple business entities.This is a strategic managerial role responsible for leading payroll operations, statutory compliance, stakeholder management, vendor governance, continuous improvement initiatives, and building a high-performing payroll team.
    Key ResponsibilitiesPayroll Operations

    • Lead end-to-end payroll processing for multiple legal entities across India.
    • Ensure 100% accurate and timely payroll processing.
    • Manage monthly payroll calendars and payroll governance.
    • Review payroll inputs including new joiners, exits, promotions, transfers, incentives, bonuses, arrears, reimbursements, and recoveries.
    • Ensure payroll accuracy through maker-checker controls.
    • Drive payroll standardization across businesses.

    Statutory ComplianceEnsure complete compliance with:

    • Income Tax (TDS)
    • Provident Fund (EPF)
    • Employee State Insurance (ESIC)
    • Professional Tax
    • Labour Welfare Fund
    • Labour Laws
    • Gratuity
    • Bonus
    • Leave Encashment
    • Full & Final Settlement
    • Payroll accounting requirements

    Shared Services Delivery

    • Lead payroll delivery through SLA/KPI-based service management.
    • Establish governance mechanisms.
    • Monitor service quality.
    • Drive first-time-right payroll processing.
    • Manage payroll escalations.
    • Improve employee experience.

    Payroll SystemsLead payroll operations using:

    • SAP
    • Darwin Box
    • Payroll interfaces

    Drive payroll automation and digitization initiatives.Process ExcellenceDrive continuous improvement through:

    • Lean Six Sigma
    • Automation
    • RPA opportunities
    • Standard Operating Procedures (SOPs)
    • Risk mitigation
    • Internal controls
    • Process simplification
    • Productivity improvements

    Stakeholder ManagementPartner with:

    • HR Business Partners
    • Finance
    • Taxation
    • Compliance
    • Internal Audit
    • External Auditors
    • Business Leaders
    • Payroll Vendors

    Provide timely payroll MIS and management reports.Team Leadership

    • Lead and mentor payroll professionals.
    • Build a high-performance culture.
    • Allocate work and monitor productivity.
    • Coach team members.
    • Develop succession plans.
    • Conduct performance reviews.

    Key Deliverables

    • 100% On-time payroll
    • 99.9% Payroll accuracy
    • Zero statutory penalties
    • Zero payroll compliance breaches
    • SLA adherence
    • Improved employee satisfaction
    • Audit compliance
    • Payroll process automation
    • Continuous productivity improvement

    Key Performance Indicators (KPIs)

    • Payroll Accuracy %
    • Payroll Timeliness
    • SLA Achievement
    • Statutory Compliance
    • Payroll Error Rate
    • Payroll Cost per Employee
    • Employee Query Resolution TAT
    • Payroll Audit Findings
    • Process Automation Delivered
    • Stakeholder Satisfaction Score
    • Productivity Improvement
    • Team Engagement

    Required Qualifications

    • MBA (HR/Finance) or Master's Degree
    • B.Com / M.Com
    • Additional qualification in Payroll, Taxation, Labour Laws, or Finance will be an advantage.

    Experience

    • 12+ years of Payroll experience.
    • Minimum 5 years in a managerial role.
    • Experience in Captive Shared Services / Shared Service Centre is mandatory.
    • Experience handling large employee populations across multiple entities.Role & responsibilities


    Preferred candidate profile



    Sourced from naukri

    Skills

    RewardsCompensation And BenefitsSalaryBenefitsPayrollCompensation

    About JSW Steel

    JSW Steel logo

    JSW Steel

    Iron & Steel

    15.8k+

    employees

    1982

    44 years old

    Mumbai, Maharashtra

    India

    ₹25L – ₹40L PA

    This role

    About

    JSW Steel operates in the steel manufacturing sector, focusing on innovation and sustainability while producing high-value steel products for various industries.

    Industries

    Iron & SteelFinancial ServicesMetals & MiningEngineering & Construction

    Employee ratings

    7,893 reviews

    3.9/ 5

    Culture

    3.6

    Career growth

    3.2

    Work-life

    3.6

    Employees rate it well for

    Salary871Work Culture569Job Security546Work Life Balance501Learning447

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