Work includes

- Researching and analysing key perspectives (current performance systems and compensation & perks offerings, external labour market, cost and workforce requirements)
- Overseeing the global design and/or governance and/or performance of core performance, reward and/or benefits policies, products and processes Incorporating traditional performance frameworks, compensation and benefits elements and work/life benefits
- Exploring innovative opportunities (e.g. for segmentation) to enable certain performance driving areas of the business to offer fundamentally different packages and processes
- Ongoing management, communication, and monitoring of performance management and plan results
- Partnering with relevant stakeholders, for example suppliers, clients and regulators in global design/performance teams, and business stakeholders in regional delivery teams.

What we will offer you

As part of our flexible scheme, here are just some of the benefits that youll enjoy,

- Best in class leave policy.
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above

Your key responsibilities

- Validation and reconciliation of all Payroll General Ledgers monthly / quarterly / annually.
- Ensuring adherence to timely salary cost booking in SAP.




- Ensuring timely payment and cost booking of various Payroll related statutory dues (Provident Fund, Profession Tax, Income Tax, Employee State Insurance, National Pension Scheme, Share Purchase plans etc.) into various group entities.
- Reviewing and monitoring unreconciled items in various bank accounts (for salary rejections) on monthly basis and accordingly responding to auditors and other stakeholders.
- Completing all Bank account reconciliations within the defined deadlines
- Front-ending HR, Payroll and Benefits related areas of various audits (Statutory, Tax, Group and Transfer Pricing).
- Ensuring timely Payroll related Withholding Tax Return filings for all the group entities.
- Managing the accounting, invoicing, compliance and reporting aspects of Seconded and Transferred employees (including GST impacts).
- Front ending with external statutory bodies (Tax Assessment, Scrutiny, appeals etc.) related to HR matters as and when required.
- Managing various data, reconciliation and disclosures as mandated by, but not limited to RBI, Companys Act, SEBI, Income Tax, Transfer Pricing etc. for HR related matters.
- Ensuring timely actuarial valuation (Local and IFRS) for retirals across group entities and ensuring that the liabilities are suitably funded and accounted.

Your skills and experience

- Suitable accounting degree required with 6-10 years of post-qualification experience in core Payroll accounting and related regulatory compliances.
- Hands-on experience in ERPs such as SAP, Workday etc.
- BFSI experience preferred.
- Good written and oral communication skills
- Experience in APAC/EMEA Payroll/global payroll end to end is mandatory

📌 Payroll Processor (Bengaluru)
🏢 Deutsche Bank
📍 Bengaluru