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Lead - Payroll/Benefits & Compliance (8-13 yrs)

8-13 years

Lead - Payroll/Benefits & Compliance (8-13 yrs)

MhyMatch

posted 1mon ago

Job Role Insights

Job Description

We are seeking a detail-oriented and experienced Payroll, Benefits, and Compliance Lead to manage end-to-end payroll processes, ensure compliance with statutory regulations, and administer employee benefits effectively.

This role is crucial in maintaining accurate payroll operations and ensuring adherence to legal requirements.

Key Responsibility:

- Develop and oversee payroll management processes to ensure accurate and timely salary disbursements and compliance with internal policies and statutory requirements.

- Ensure financial alignment by collaborating with the finance team to integrate payroll entries with the general ledger and financial statements.

- Enhance customer satisfaction by resolving payroll discrepancies and addressing employee inquiries promptly.

- Streamline payroll processes by identifying areas for automation and process improvement to increase efficiency and accuracy.

- Lead and facilitate statutory compliance by ensuring adherence to labor laws and regulations, including PF, ESI, and tax deductions.

- Administer employee benefits programs to ensure proper communication and understanding of policies among employees.

- Develop and update payroll policies to align with company objectives and regulatory changes.

- Conduct internal and external audits to ensure compliance with statutory and financial requirements.

- Identify and mitigate potential risks in payroll processing to ensure business continuity.

- Collaborate with cross-functional teams to integrate payroll and compliance activities seamlessly with other business functions.

- Act as a subject matter expert to provide guidance on payroll and compliance-related queries from internal teams.

- Lead and mentor the payroll team to foster a collaborative and high-performing work environment.

Head Count:

- Knowledge: Strong understanding of labor laws, tax regulations, and statutory compliances in India.

- Skills: Strong analytical skills, attention to detail, problem-solving, excellent communication, and the ability to work under tight deadlines.

- Attitude: Detail-oriented, compliance-focused, proactive in process improvement, and committed to continuous learning.

- Qualifications: 8-12 years of experience in payroll management and compliance within a manufacturing or industrial setup, preferably at a leadership level.

Reports to: Head of HR.

Company Overview: Our client is a German manufacturer of concrete pumps and other equipment for pumping, distributing and placing concrete, mortar and other high-density solids, and for preparing, temporarily storing, processing and transporting these materials.

Industry : Manufacturing.

- Company Size: Very Large (501-1000 employees).

- Technologies to be used: SPINE payroll software, Excel, automation tools for payroll processing.

- Team Culture: Clearly defined roles.

- Benefits: Innovative work environment, Delivering Impact at scale, Competitive Compensation, Equality and Inclusive policies.

- Employment Type: Full-time Employee.

- Experience level: 8-12 years.

- Selection Process: 2 Business Rounds and 1 HR Round.

- Notice period: Must join in 60 days.

- Relocation Assistance: Yes.

- Mode of Work: In-office.


Functional Areas: Other

Read full job description

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