04 Sep
|
On Direct Marketing Services
|
Pune
04 Sep
On Direct Marketing Services
Pune
Job Description
We are looking for a hands-on Payroll Manager who has independently managed payroll within a corporate environment and has directly run payroll in-house rather than primarily managing an outsourced payroll provider .
n
n
The ideal candidate will have strong expertise in payroll processing, statutory compliance, payroll accounting, reconciliations and employee payroll management. This role requires someone who is highly detail-oriented, process-driven and comfortable taking complete ownership of the payroll cycle.
n
n
You will be responsible for ensuring that employees are paid accurately and on time every month, while maintaining complete compliance with applicable statutory and regulatory requirements.
n
n
Key Responsibilities
n
End-to-End Payroll Management
n
n
- Independently manage and execute the complete monthly payroll cycle from payroll inputs to final salary processing.
n
- Collect, validate and consolidate payroll inputs including attendance, leave, overtime, incentives, commissions, deductions, reimbursements, new joiners, exits, salary revisions and other employee movements.
n
- Process monthly payroll accurately within defined timelines.
n
- Prepare and validate salary registers, payroll summaries, variance reports and bank payment files.
n
- Conduct month-on-month payroll variance analysis and investigate discrepancies before payroll release.
n
- Ensure accurate calculation of gross salary, deductions, net pay, statutory contributions and other payroll components.
n
- Manage full-and-final settlements for exiting employees, including notice-period adjustments, leave encashment, recoveries and other applicable components.
n
- Process arrears, salary revisions, bonuses, incentives and one-time payments accurately.
n
n
Statutory Compliance
n
n
- Ensure timely and accurate compliance with applicable payroll-related statutory requirements.
n
- Manage payroll compliance relating to PF, ESIC, Professional Tax, TDS, Labour Welfare Fund and other applicable statutory deductions/contributions .
n
- Ensure timely preparation and submission of statutory returns and challans.
n
- Reconcile statutory liabilities and payments with payroll records and accounting records.
n
- Stay updated on changes in payroll legislation, tax regulations and statutory requirements and implement necessary changes.
n
- Maintain complete documentation and records for statutory audits and inspections.
n
n
Payroll Accounting & Reconciliation
n
n
- Work closely with the Finance/Accounts team to ensure accurate payroll accounting and monthly payroll closure.
n
- Reconcile payroll with the general ledger and identify and resolve discrepancies.
n
- Prepare payroll accounting entries and supporting schedules.
n
- Reconcile salary payments, statutory deductions, employee advances, recoveries and other payroll-related balances.
n
- Support monthly, quarterly and annual financial audits with payroll-related information and documentation.
n
n
Employee Payroll Management
n
n
- Act as the primary point of contact for employees for payroll-related queries.
n
- Resolve salary discrepancies, deductions, tax-related queries, PF/ESIC issues and other payroll concerns promptly.
n
- Maintain confidentiality of employee compensation and personal information at all times.
n
- Provide salary statements, tax documents, employment-related payroll certificates and other required documents.
n
- Ensure a skilled and responsive employee payroll experience.
n
n
Payroll Systems & Process Improvement
n
n
- Manage and maintain payroll data within the HRMS/payroll system.
n
- Ensure employee master data is accurate and updated on a timely basis.
n
- Establish strong payroll controls, checklists and approval mechanisms to minimise errors.
n
- Identify opportunities to automate and streamline payroll processes.
n
- Develop and maintain payroll SOPs and documentation.
n
- Conduct periodic audits of payroll data and processes to identify gaps and risks.
n
- Ensure payroll records are maintained systematically and are readily available for audits.
n
n
Team & Stakeholder Management
n
n
- Lead and manage the payroll team, ensuring clear ownership and accountability.
n
- Coordinate closely with HR, Finance, Operations and management for timely payroll inputs and approvals.
n
- Establish and enforce payroll cut-off timelines.
n
- Ensure strict adherence to payroll calendars and internal controls.
n
- Provide payroll MIS and management reports as required.
n
n
Key Deliverables
n
n
- 100% accurate and timely monthly payroll processing
n
- Timely statutory payments and filings
n
- Accurate payroll reconciliations
n
- Zero/minimal payroll errors and repeat discrepancies
n
- Timely Full & Final settlements
n
- Accurate payroll accounting and month-end closure
n
- Strong payroll documentation and audit readiness
n
- Prompt resolution of employee payroll queries
n
- Continuous improvement and automation of payroll processes
n
n
n
What We Are Looking For
n
n
- 8–12 years of relevant experience in payroll management , preferably within a mid-sized or large corporate organisation.
n
- Strong experience in directly running end-to-end payroll in-house .
n
- Candidates whose primary experience has been limited to coordinating with outsourced payroll vendors will not be suitable for this role.
n
- Strong understanding of Indian payroll processes and statutory compliance.
n
- Hands-on experience with PF, ESIC, Professional Tax, TDS, Labour Welfare Fund and other applicable payroll compliances.
n
- Experience managing payroll for a sizeable employee population with multiple salary components.
n
- Strong understanding of payroll accounting and reconciliation.
n
- Experience with HRMS/payroll systems and advanced Excel.
n
- Strong analytical and numerical skills.
n
- Excellent attention to detail and ability to identify discrepancies.
n
- Strong problem-solving and organisational skills.
n
- Ability to work under strict monthly deadlines.
n
- Excellent communication and stakeholder-management skills.
n
- High level of integrity and confidentiality when handling sensitive compensation information.
n
n
📌 Payroll Manager (Pune)
🏢 On Direct Marketing Services
📍 Pune