Manager- Payroll

About the Department:

The corporate finance department in the company handles all the financial and investment decisions. It primarily focuses on maximizing shareholder value through long-term and short-term financial planning and the implementation of various strategies. It aims to maximize the value of a business through the planning and execution of resources.

The Role & Responsibilities:

The Payroll Manager is expected to manage and supervise all the finance and accounts functions and ensure proper maintenance of the accounting systems, delivery of compensation (domestic and international) and corresponding payroll services in adherence with strict deadlines and in accordance with government legislation and policy and procedures. In collaboration with the Seniors and the team, the Payroll Manager participates in special projects to ensure effective, efficient, and compliant payroll practices are developed and maintained; contributes to the achievement of departmental goals and professional services delivery. The individual should be able to adapt to a continually evolving environment while managing the team.

Key Role Deliverables:

• Oversee and manage end-to-end payroll operations for multiple countries and regions such as UK, US, Singapore, etc.
• Oversee the administration and processing of all aspects of payroll for the firm, ensuring payroll is delivered accurately and on time through monthly standard cycles, with off-cycle payments as required
• Managing HCM solutions for employee data, payroll processing, benefits administration, and time and attendance tracking.
• Provide final sign-off to monthly and year-end processing and filing, ensuring completeness and compliance with strict deadlines; oversee the coordination of year-end reconciliation of taxes for multiple countries and regions
• Worked on comprehensive HR and payroll tools for managing employee information, tax filings, compliances, etc. to automate and streamline payroll processes, offering enhanced accuracy, efficiency, and data-driven insights.
• Develop and maintain all payroll processes/procedures and documentation, focusing on best practice, compliance, and continuous quality improvement
• Coordinate training of the payroll team to ensure consistent application of policies and standard operating procedures and compliance with legislative requirements
• Ensure all complex, unique, and sensitive issues are investigated and resolved, working with external entities (i.e., auditors, consultants, etc.)
• Participate in audits, provide support to the team, and when necessary, design and implement internal controls to meet audit requirements
• Continuously leads the analysis, measurement, review, development, and implementation of effective and efficient processes, practices, and system capabilities to govern all payroll activities to ensure quality and consistency and delivery against defined targets
• Maintain awareness of legislation, regulations, and standards related to payroll to ensure compliance within the area of responsibility for multiple countries and regions
• Maintain awareness of best practices and emerging issues related to payroll
• Participating in professional development to aid in ongoing knowledge and skills acquisition
• Support the creation of, and give feedback on, policies and guidelines affecting payroll, ensuring compliance with government legislation for multiple countries and regions
• Define and communicate internally set payroll standards and procedures to ensure quality and consistency of services delivered
• Ensure all communication material is current, accurate, and understandable by stakeholders

Prerequisites:

• Extremely strong fundamentals in accounting
• Excellent multi-tasking skills
• Good written & oral communication skills
• Relationship Management with cross functions
• Proactive and entrepreneurial traits; and a willingness to grow and learn on daily basis
• Eye for detail
• Good interpersonal skills

Experience

5 to 8 years of relevant work experience

Education

Postgraduate or CA or MBA (Finance)

Compensation

The compensation structure will be as per industry standards