Posted:10 hours ago|
Platform:
On-site
Full Time
About Company A leading retail-focused Non-Banking Financial Company in India, known for its broad reach in the lending sector and catering to both mainstream and underserved customers. It offers tailored financial solutions across Urban Finance, Farmer Finance, SME Finance, and Rural Business Finance. Backed by a major conglomerate, the company is publicly listed, holds a strong credit rating, and has a workforce of around 30,000, with over three decades of industry presence. Job Description Position Overview: We are seeking a seasoned professional to lead our Statutory & HR Compliance function across multiple states. The ideal candidate will possess extensive experience in managing large-scale payroll operations, ensuring adherence to statutory regulations, and overseeing HR compliance for a workforce exceeding 36,000 employees across diverse geographies. Key Responsibilities: Strategic Leadership: Lead and manage the statutory and HR compliance functions, ensuring alignment with organizational goals and regulatory requirements. Multi-State Payroll Management: Oversee end-to-end payroll processing across multiple states, ensuring compliance with state-specific labor laws, tax regulations, and timely disbursement of salaries. Statutory Compliance Oversight: Ensure adherence to all statutory requirements, including but not limited to Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT), Gratuity, and other applicable labor laws across various states. Audit & Reporting: Coordinate and manage internal and external audits related to payroll and compliance, ensuring accurate documentation and timely submission of reports. Policy Development: Develop, implement, and review HR and compliance policies to ensure they are up-to-date and in line with current laws and best practices. Team Management: Lead and mentor a team of HR and compliance professionals, fostering a culture of continuous improvement and professional development. Stakeholder Engagement: Collaborate with senior management, legal teams, and external agencies to address compliance issues and implement corrective actions as necessary. Qualifications & Experience: Educational Background: Bachelor’s or Master’s degree in Human Resources, Law, Commerce, or related fields. Professional Experience: Minimum of 18 years of experience in HR and statutory compliance, with at least 10 years in leadership roles within the NBFC, banking, or large multi-state organizations. Technical Expertise: In-depth knowledge of Indian labor laws, statutory regulations, and payroll systems. Experience with HRMS and compliance management software is preferred. Geographical Experience: Proven experience in managing HR and compliance functions across multiple states, with an understanding of regional labor laws and regulations. Leadership Skills: Strong leadership and team management abilities, with a track record of driving compliance initiatives and managing large teams. Communication Skills: Excellent verbal and written communication skills, with the ability to interact effectively with internal and external stakeholders. Show more Show less
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Mumbai, Maharashtra, India
Salary: Not disclosed
Mumbai, Maharashtra, India
Salary: Not disclosed