Payroll Manager

Years of exp :-

18-22 years

Mandatory skill set required - Accounting, Payroll, Compliances, Audit , Strong with Communication Skill

Location Powai – Hybrid

• Payroll Operations Management-Own end-to-end payroll processing for all India employees.
• Ensure payroll processing accuracy, completeness, and adherence to payroll calendar.
• Manage monthly payroll cycle, supplementary payrolls, arrears, incentives, recoveries and special payments.
• Review payroll inputs, validations, variance analysis and final payroll sign-off.
• Ensure maker-checker controls are implemented and documented for all payroll activities. • Drive payroll process standardization and elimination of manual interventions.
• Ensure payroll confidentiality and protection of employee data.
• Statutory Compliance & Labour Law Governance.
• Ensure timely compliance with: o Income Tax /TDS/Provident Fund (PF) /Professional Tax (PT)/ESIC/Labour Welfare Fund (LWF)/Gratuity/NPS/State labour law compliances • Ensure compliance tracker is maintained and monitored.
• Handle labour inspections, notices, assessments and departmental audits.
• Coordinate with legal advisors, consultants and government authorities.
• Ensure compliance readiness for evolving labour codes and statutory changes.
• Employee Taxation & Payroll Advisory.
• Manage employee taxation lifecycle.
• Oversee tax declarations, proof submissions and annual tax computations.
• Ensure accurate TDS calculation and quarterly TDS return filing.
• Manage Form-16 issuance and tax reconciliations.
• Support employee tax planning initiatives and ITR guidance sessions.
• Handle employee tax notices and provide closure support.
• Payroll Accounting & Financial Close
• Ensure timely accounting of payroll expenses in ERP.
• Review salary accruals, incentive provisions and payroll-related liabilities.
• Manage monthly closing entries and payroll-related balance sheet reconciliations.
• Ensure General Ledger reconciliation for payroll accounts.
• Coordinate with Corporate Accounting and FP&A teams.
• Own payroll-related audit schedules and supporting documentation.
• Gratuity, Leave Encashment & Actuarial Management.
• Coordinate quarterly and annual actuarial valuation.
• Review gratuity and leave encashment report