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 recent 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.