04 Nov
|
KOOVERS
|
Banashankari
04 Nov
KOOVERS
Banashankari
PAYROLL MANAGER – PAYROLL, COMPENSATION & ADVANTAGES
Role / Designation
Manager – Payroll, Compensation & Benefits
Reports To
Head – HR & Administration
Role Purpose
Own accurate, timely and controlled payroll processing for Koovers' on-roll workforce and manage compensation administration and employee benefits. Ensure payroll integrity, compensation data accuracy, benefits administration and reliable manpower cost reporting.
Key Responsibilities
Payroll Processing and Controls
- Own the monthly payroll cycle for all on-roll off- roll employees across Koovers locations.
- Validate attendance, leave, incentives, variable pay, overtime, reimbursements, new joiners, exits, full-and-final settlements and other payroll inputs.
- Ensure accurate calculation of gross salary, deductions and net pay, with payroll completed within agreed timelines.
- Reconcile payroll inputs against HRMS, attendance records, approved salary structures and Finance records.
- Investigate payroll discrepancies, implement corrections and maintain an audit trail of changes.
- Coordinate with Finance for payroll funding, salary disbursement and reconciliation of payroll-related accounts.
- Establish maker-checker controls, payroll calendars and approval workflows to minimise errors and prevent unauthorised changes.
TDS
- Manage end-to-end employee salary TDS computation, verification, deduction, and reconciliation in compliance with applicable income-tax regulations, ensuring accurate tax calculations, declarations, deductions, exemptions, and supporting documentation
- Address employee tax queries, coordinate with Finance and external consultants, and maintain records for statutory compliance, audits, and inspections.
Compensation Administration
- Maintain salary structures, employee compensation records and approved changes.
- Implement approved increments, promotions, transfers and salary revisions.
- Prepare compensation statements and salary-cost reports.
- Support annual increment and compensation review cycles.
- Maintain salary confidentiality and access controls.
- Support internal pay parity analysis and compensation benchmarking.
- Prepare manpower cost and compensation budget inputs for the Head HR.
Benefits Administration
- Coordinate employee insurance and advantages administration.
- Maintain employee eligibility and enrolment records.
- Coordinate benefits-related queries and vendor issues.
- Support gratuity and other applicable benefit calculations in coordination with Finance and external advisors.
- Coordinate PF/ESI payroll inputs with the designated compliance owner.
Controls & Governance
- Maintain payroll documentation and audit trails.
- Reconcile payroll with Finance records.
- Ensure timely implementation of approved employee changes.
- Coordinate internal and external payroll audits.
- Maintain employee master data accuracy.
- Support HR dashboards covering payroll cost, headcount and employee movement.
Key Deliverables / KRAs
- Payroll accuracy and on-time closure.
- Payroll reconciliation and audit readiness.
- Full & final settlement turnaround.
- Accurate implementation of compensation changes.
- Employee benefits administration.
- Manpower cost reporting.
- Employee compensation data accuracy.
- Payroll query resolution.
- Compliance coordination and closure of audit observations.
Team Size & People Management
Individual contributor initially, with the option to add payroll support as complexity grows.
Qualification
Graduate in Commerce, Finance, Accounting or HR.
MBA/PGDM in HR or a relevant payroll qualification preferred.
Experience
6–10 years of payroll and HR operations experience, with demonstrable ownership of multi-location payroll. Exposure to compensation administration is essential.
Skills / Competencies – Must Have
- End-to-end payroll processing.
- Payroll reconciliation.
- Salary structures and compensation administration.
- Advanced Excel.
- HRIS/payroll systems.
- Confidentiality and attention to detail.
- Employee lifecycle and payroll inputs.
- Coordination with Finance and HR.
- Strong analytical and numerical skills.
Skills / Competencies – Good to Have
- Compensation benchmarking.
- Perks vendor management.
- Payroll automation.
- HR analytics and dashboards.
- Experience with outsourced payroll providers.
- Exposure to budgeting and manpower cost analysis.
Industry / Functional Exposure
Multi-location businesses with distributed workforces and recurring payroll cycles.
Any Other Role-Specific Requirements
- Must maintain strict confidentiality of salary and personal data.
- Must operate within defined approval and segregation-of-duties controls.
- Payroll processing and payroll approval must remain separate.
- Statutory compliance ownership must be clearly coordinated with the designated compliance role.
Pay: ₹1,000,000.00 - ₹1,600,000.00 per year
Benefits:
- Health insurance
- Leave encashment
- Paid sick time
- Paid time off
- Provident Fund
Ability to commute/relocate:
- Banashankari, Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Preferred)
Application Question(s):
- Do you have experience in handling payroll TDS
- What is the payroll strength you have handled
- Which softwares have you used for payroll processing
- Current CTC
Experience:
- Payroll management: 6 years (Preferred)
Work Location: In person
📌 Manager - Payroll, Comp & Ben (Banashankari)
🏢 KOOVERS
📍 Banashankari