Payroll Lead

Key Responsibilities:

Payroll Management & Leadership:

• Lead and manage end-to-end payroll processing for multiple entities, ensuring timeliness, accuracy, and compliance.
• Supervise payroll executives/associates and provide guidance, training, and performance feedback.
• Validate employee data, attendance, variable components, and reconciliations prior to payroll disbursement.
• Ensure robust controls are in place for error-free payroll processing.

Compliance & Governance:

• Ensure compliance with statutory requirements such as PF, ESI, PT, Income Tax, LWF, Gratuity, and other applicable laws.
• Oversee preparation and filing of monthly, quarterly, and annual statutory returns.
• Ensure timely issuance of Form 16 and other statutory documents.
• Stay updated with amendments in tax and labor regulations and ensure company policies are aligned.

Audit, Reporting & Reconciliation:

• Conduct periodic payroll audits to ensure accuracy and compliance.
• Prepare payroll MIS reports, dashboards, and analytics for management.
• Reconcile payroll accounts with finance and statutory deductions.
• Support internal and external audits by providing necessary records and explanations.

Employee Experience & Stakeholder Management:

• Act as an escalation point for employee payroll and tax-related queries.
• Collaborate with HR, Finance, and external vendors to resolve payroll discrepancies.
• Ensure clear communication of payroll policies, tax benefits, and statutory guidelines to employees.

Process Improvements & Automation:

• Evaluate, recommend, and implement process improvements to enhance payroll efficiency and accuracy.
• Drive automation and adoption of digital payroll solutions (GreytHR, Zoho Payroll, or equivalent).
• Document and update payroll SOPs and process flows for standardization.