24 Oct
|
Kolte Patil Developers
|
India
24 Oct
Kolte Patil Developers
India
Role Summary We are seeking an experienced Manager of Payroll and Compliance to oversee our end-to-end payroll operations and ensure absolute adherence to statutory labor laws. The ideal candidate will bring deep expertise in Indian payroll processing, tax regulations, and benefits administration, alongside a proactive approach to managing the transition toward the upcoming New Labour Wage Codes. This role requires a blend of operational excellence, expert analytical skills and proficiency in HR technology platforms.
Key Responsibilities
1. End-to-End Payroll Management
• Oversee the accurate and timely processing of monthly payroll for all employees, ensuring zero-defect output.
• Oversee attendance, leave records, and other allowances as inputs for payroll processing.
• Administer the Full & Final (F&F;) settlement process for exiting employees in adherence to company turnaround times.
• Coordinate with the finance department for payroll funding, reconciliation, and accurate ledger posting.
• Manage annual investment declarations, proof verification, and precise income tax computations (TDS) under old and new tax regimes. 2. Statutory Compliance & Labor Laws
• Ensure 100% compliance with all statutory acts including EPF, ESIC, Professional Tax (PT), Labour Welfare Fund (LWF), Payment of Gratuity Act, and Payment of Bonus Act.
• Manage & execute the organization's plan for restructuring & compliance for the implementation of the Recent Labour Wage Codes.
• Manage timely filing of all statutory returns and maintain accurate registers as required by state and central labor laws.
• Act as the primary point of contact for internal/external audits and liaison with government labor departments and compliance vendors. 3. HRIS & Technology Integration
• Should be able to use HRIS platforms (specifically SAP SuccessFactors) to manage master data, extract information from various reports and generate payroll inputs.
• Well versed with digital compliance tools and identify opportunities to digitize compliance tracking and improve the employee experience regarding payroll queries and tax planning.
• Maintain data integrity and confidentiality across all HR systems and employee records. 4. Reporting, Analytics & Advisory
• Prepare and deliver monthly payroll dashboards, highlighting variances and compliance metrics
• Address and resolve complex employee grievances related to salary, taxation, and statutory deductions within defined SLAs. Qualifications & Experience
•
Education:
Bachelor’s degree in Commerce, Finance, Human Resources, or a related field. (MBA in HR or a specialized diploma in Labour Laws is highly preferred).
•
Experience:
8–12 years of core experience in payroll processing and statutory compliance within a mid-to-large corporate environment. (Payroll handling of 1000+ white collar employees)
• Technical
Skills:
• Hands-on experience with top-tier HRIS platforms (SAP SuccessFactors experience is a strong advantage).
• Advanced proficiency in Microsoft Excel (VLOOKUP, pivot tables, complex formulas).
• Knowledge: Deep understanding of the Indian Income Tax Act (as it pertains to salaries) and comprehensive knowledge of state-specific and central labor regulations.
• Attributes: Exceptional attention to detail, and the ability to handle sensitive and confidential information with discretion.
📌 Manager Payroll (India)
🏢 Kolte Patil Developers
📍 India