06 Aug
|
Biocon
|
Bengaluru
Role Summary
We are looking for a detail-oriented and experienced Payroll Specialist with strong expertise in India payroll operations and statutory compliance, along with exposure to Emerging Markets (EM) payroll processing. The role will be responsible for managing end-to-end payroll activities, ensuring statutory compliance, supporting payroll governance, and coordinating with internal stakeholders and external payroll vendors to ensure accurate and timely payroll delivery.
Key Responsibilities
India Payroll (Primary Responsibility)
Manage end-to-end payroll processing for India including monthly payroll, off-cycle payrolls, annual bonus payouts, and Full & Final settlements.
Ensure compliance with all applicable India statutory requirements including:
Provident Fund (PF)
Employee State Insurance (ESI)
Skilled Tax (PT)
Tax Deducted at Source (TDS)
Labour Welfare Fund (LWF)
Gratuity and other statutory obligations
Validate payroll inputs such as attendance, leave, overtime, incentives, bonuses, variable pay, reimbursements, and deductions.
Review payroll calculations,
gross-to-net validations, and payroll outputs prior to sign-off.
Coordinate with HR, Finance, HRSS, and business stakeholders for payroll inputs and approvals.
Reconcile payroll registers, bank transfer files, GL reports, and statutory submissions.
Handle employee payroll queries related to salary, taxation, deductions, investments, reimbursements, and payslips.
Emerging Markets Payroll (Secondary Responsibility)
Support payroll processing activities for assigned EM countries in coordination with payroll vendors (e.g., Neeyamo, ADP, local providers).
Validate payroll inputs and outputs to ensure accuracy, compliance, and adherence to country-specific requirements.
Review payroll reports and identify discrepancies before payroll sign-off.
Coordinate with country HR and Finance teams for payroll inputs and approvals.
Monitor vendor performance and ensure compliance with agreed SLAs and governa
📌 Payroll Specialist (Bengaluru)
🏢 Biocon
📍 Bengaluru