Payroll Lead ( Staffing Industry ) (Mumbai)

Payroll Lead ( Staffing Industry ) (Mumbai)

09 Nov
|
Lobo Staffing Solutions (LSS)
|
Mumbai

09 Nov

Lobo Staffing Solutions (LSS)

Mumbai

About Lobo Staffing Solutions

Lobo Staffing Solutions (LSS) is one of the leading contract staffing and HR Solutions companies in the country today. LSS operates across 15 cities all over India today, and counts some of Indias largest companies as its clients.

LSS was founded in 2002, and is part of the Personnel Search Services (PSS) Group of companies. Our sister companies also include

- Personnel Search Services (PSS): the pioneer of Executive Search in India, since its
- inception in 1981
- Ray & Berndtson: one of the largest independent executive search firms globally
- Quikchex Private Limited: one of Indias fastest growing Payroll and HR Solutions
- Companies

Payroll Lead Job Location: Dadar, Prabhadevi (Nearest Railway Station Dadar from Western Line / Central Line)

Job Timings: 9 AM 5 PM or 9.30 AM to 5.30 PM | Clock in 8 hours with 2-3 Saturdays as OFF and rest working

Role Summary

Lead end-to-end payroll operations, team management and statutory compliance, ensuring accuracy and timely delivery. Drive payroll audits, bonus calculations, salary restructuring and revisions while leveraging data analytics, automation and AI to enhance efficiency and productivity

Key Responsibilities

1. Payroll Management

- Manage end-to-end payroll processing for a large employee base across multiple clients and locations.
- Ensure accurate and timely processing of salaries, arrears, incentives, reimbursements, bonus, gratuity, leave encashment and full & final settlements.
- Monitor attendance, employee master data, joiners, exits and salary revisions.
- Ensure adherence to payroll calendars, processing timelines and defined TATs.

2. Team Management & Training

- Lead, mentor and train the payroll team on payroll processing, statutory compliance, Excel, audits and regulatory changes.
- Allocate responsibilities, monitor productivity and ensure accountability and quality.
- Develop SOPs, training materials and knowledge-sharing mechanisms to strengthen team capabilities.
- Identify skill gaps and implement cross-training and performance improvement initiatives

3. Statutory Compliance & Bonus

- Ensure accurate computation and compliance relating to PF, ESIC, Professional Tax, TDS, Labour Welfare Fund, bonus, gratuity and other applicable statutory requirements.
- Maintain compliance data, registers, returns, challans and supporting documentation.
- Ensure adherence to state-wise minimum wages, applicable wage definitions, statutory ceilings and relevant Labour Codes.




- Demonstrate strong working knowledge of statutory bonus eligibility, calculations, provisions, accruals and payment timelines.
- Monitor regulatory changes and ensure timely implementation in payroll processes.

4. Salary Restructuring & Revisions

- Evaluate salary structures against applicable minimum wages, wage definitions and statutory requirements.
- Manage salary restructuring, annual increments, revisions, arrears and mass salary changes.
- Analyse the impact of changes in salary components on take-home pay, employer costs and statutory liabilities.
- Prepare employee-wise calculations, cost sheets and comparative impact statements.
- Support implementation and validation of regulatory changes affecting payroll

5. Payroll Audit & Accuracy

- Conduct pre-payroll and post-payroll audits, reconciliations and validation checks.
- Identify discrepancies, anomalies, duplicate records and deviations from approved salary structures.
- Reconcile payroll data with attendance, employee records, bank statements, statutory reports and billing data, as applicable.
- Establish maker-checker controls and implement corrective and preventive measures.
- Coordinate internal, client and statutory audits and ensure timely closure of observations

6. Process Improvement, Automation & AI

- Build tools, templates, automated workflows and control mechanisms to improve payroll efficiency and accuracy.
- Automate repetitive tasks involving payroll calculations, data validation, reconciliations, bonus computation and compliance reporting.
- Leverage AI tools to analyse large datasets, identify anomalies, generate reports, streamline documentation and improve productivity.
- Develop reusable tools, prompts and workflows and train team members in their effective use.
- Validate AI-generated outputs and ensure employee data confidentiality and adherence to approved information security practices.
- Continuously identify opportunities to reduce manual effort, processing time, errors and operational costs.

7. Data Analytics, MIS & Presentations

- Handle and analyse large-volume payroll and employee datasets across multiple clients.
- Prepare payroll MIS, dashboards, compliance trackers,



reconciliation statements and management reports.
- Analyse salary variances, payroll costs, statutory liabilities, bonus provisions and headcount movements.
- Prepare and deliver management and client presentations highlighting key findings, financial impacts, exceptions and corrective actions

8. Systems & Stakeholder Management

- Maintain payroll data integrity across HRMS, payroll applications and reporting systems.
- Participate in system enhancements, UAT, automation initiatives and validation of payroll calculations.
- Coordinate with HR, Finance, Operations, clients and vendors to resolve payroll and compliance issues.
- Maintain process documentation, audit trails and escalation mechanisms.

Required Skills & Competencies

- Strong technical knowledge of end-to-end payroll and Indian statutory compliance.
- Working knowledge of minimum wages, applicable Labour Codes, bonus calculations, salary restructuring and revisions.
- Advanced MS Excel skills, including XLOOKUP, SUMIFS, LET, FILTER, PivotTables and Power Query; VBA/macros knowledge is desirable.
- Strong Analytical, numerical, reconciliation and problem-solving skills.
- Experience in payroll audits, large-data handling, MIS and presentations.
- Proven Team Leadership, training and performance management capabilities.
- Ability to develop automation tools and implement process improvements.
- Practical exposure to AI tools and their application in payroll operations.
- Solid Communication, stakeholder management and time management skills.

Qualification & Experience

- Graduate in Commerce, Finance, HR or a related discipline.
- 710 years of relevant payroll experience, including at least 2–3 years in a team-leading role.
- Experience in high-volume payroll, preferably in staffing, contract manpower or payroll outsourcing.
- Hands-on experience in statutory compliance, bonus calculations, salary restructuring, payroll audits and salary revisions.
- Advanced Excel proficiency is essential; exposure to HRMS, Power BI, VBA/macros and AI tools is an advantage

Key Performance Indicators (KPIs)

- Payroll Accuracy and adherence to processing TATs.
- Timely and accurate statutory compliance and bonus processing.
- Payroll Audit observations and closure timelines.
- Team Productivity, training effectiveness and performance.
- Reduction in manual effort, errors and payroll rework.
- Efficiency gains through automation and AI adoption.
- Accuracy and timeliness of MIS and management reporting.

📌 Payroll Lead ( Staffing Industry ) (Mumbai)
🏢 Lobo Staffing Solutions (LSS)
📍 Mumbai

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