03 Aug
|
Momentum
|
New Delhi
03 Aug
Momentum
New Delhi
About the Role
We are looking for an experienced and detail-oriented Manager Payroll to lead our payroll function and ensure accurate, timely, and compliant payroll operations across the organisation. This role requires a strong leader with extensive experience in high-growth startups, capable of managing payroll operations at scale while driving process excellence, statutory compliance, reporting, and audit readiness.
The ideal candidate should have hands-on experience in payroll management, due diligence, statutory compliance, MIS reporting, process automation, and stakeholder management.
Key Responsibilities
Payroll Operations
- Lead end-to-end payroll processing, ensuring timely and accurate salary disbursement.
- Oversee monthly payroll inputs, validations, approvals, reimbursements, incentives, bonuses, and final settlements.
- Manage payroll for multiple entities, locations, and employee categories, wherever applicable.
- Drive payroll process improvements and automation to enhance efficiency and accuracy.
Statutory Compliance
- Ensure compliance with all applicable labour laws and statutory regulations, including PF, ESIC, Professional Tax, Labour Welfare Fund, TDS, gratuity, and other payroll-related compliances.
- Coordinate statutory filings, audits, reconciliations, and assessments.
- Keep the organisation updated on regulatory changes and implement necessary process updates.
MIS & Reporting
- Prepare and present payroll MIS, dashboards, and analytics for leadership.
- Generate periodic reports related to payroll costs, headcount, compliance, statutory liabilities, and financial reconciliations.
- Partner with Finance to support monthly closures and payroll accounting.
Due Diligence & Audit
- Lead payroll-related due diligence activities during fundraising, mergers, acquisitions, or investor reviews.
- Manage internal and external audits by ensuring complete documentation and compliance.
- Strengthen payroll governance through robust controls and documentation.
Process & Systems
- Identify opportunities for payroll process optimisation and automation.
- Collaborate with HRIS, Finance, and IT teams to enhance payroll systems and integrations.
- Establish and maintain standard operating procedures (SOPs) for payroll operations.
Stakeholder Management
- Partner closely with HR, Finance, Legal, and business leaders to resolve payroll-related matters.
- Manage relationships with payroll vendors, consultants, and statutory authorities.
- Handle complex employee payroll queries with professionalism and confidentiality.
Desired Candidate Profile
- Bachelor's degree in Commerce, Finance, Human Resources, or a related discipline. A postgraduate qualification will be an advantage.
- 10-15+ years of experience in payroll operations, with at least 35 years in a leadership role.
- Strong experience working with high-growth startups or fast-paced organisations.
- Proven expertise in end-to-end payroll management for large employee populations.
- Deep understanding of Indian payroll regulations and statutory compliances.
- Hands-on experience with payroll audits, due diligence, and compliance reviews.
- Strong analytical skills with expertise in MIS reporting and payroll reconciliations.
- Experience with payroll and HRMS platforms such as SAP, Oracle, Workday, Darwinbox, Keka, GreytHR, or similar.
- Excellent stakeholder management, communication, and leadership skills.
- High attention to detail, integrity, and ability to work in a dynamic environment.
Preferred Experience
- Experience supporting fundraising, investor due diligence, or M&A; activities.
- Exposure to payroll transformation and process automation initiatives.
- Experience managing payroll across multiple legal entities or business units.
What We're Looking For
- A strategic yet hands-on payroll leader who can build scalable payroll processes.
- Someone who thrives in a fast-paced startup setting and enjoys solving operational challenges.
- A professional who combines strong compliance expertise with a continuous improvement mindset and can partner effectively across HR, Finance, and leadership teams.
📌 Manager- Payroll (New Delhi)
🏢 Momentum
📍 New Delhi