Manager - HR Operations/Payroll & Benefits - BFSI

6 days ago

Bengaluru, India PhonePe Full time

About: Phonepe is the leader in the UPI based payments in India with a market share of more than 47%. Our goal is to make payments so easy, safe and universally accepted that people never feel the need to carry cash or cards again. We believe India is at the cusp of a new mobile revolution, which will change the way we manage our money on the go. We see ourselves facilitating this change, through technology and dogged customer centricity. PhonePe went live in 2016 and till date has got over 500 mn registered users and 38 mn merchants. PhonePe has forayed into diverse areas with its offerings in almost all fintech segments including insurance, lending, mutual funds and stock broking. In 2024, PhonePe also launched Indus AppStore - its own native Android-based mobile app store built for Indian consumers providing app discovery and content in 12 Indian languages.

Job Objective: We are seeking a Manager - HR Operations (Payroll & Benefits) to own and manage the entire payroll and benefit operations for over 10,000 full time employees. The responsibilities include ensuring accurate and timely salary payouts, compliance with payroll regulations, and efficient management of payroll-related processes for the multiple legal entities in the PhonePe group.

Responsibilities:

1. Payroll Management:

-End to end ownership: Lead the strategy and execution of end-to-end payroll operations, ensuring timely and accurate salary disbursements for all employees. Ensure payroll data integrity, and implement system upgrades and enhancements.

-Ensure thorough documentation of payroll reports, tax filings, benefits deductions, and other required reports, maintaining compliance with regulatory requirements.

-External Partner Management: Manage the external payroll partner, ensuring adherence to predefined service levels. Establish robust governance and review mechanisms to ensure adherence to payroll processes with the necessary checks and balances.

-US Payroll Management: Oversee payroll and benefits for employees based in the US and support the USCIS related immigration requirements.

2. Compliance and Audits:

-Regulatory Compliance: Ensure adherence to all payroll compliance regulations and tax laws, ensuring timely remittances of deductions and statutory dues.

-Audit Management: Support the statutory and tax audits, providing necessary audit evidence and clear responses to audit-related queries. Maintain organized and thorough documentation to support audit processes.

3. Team Management:

- Guide the team members and ensure their development through relevant interventions and regular feedback. Identify and address skill gaps to enhance team performance.

- Ensure the team members discharge the following assigned payroll benefits activities within required timelines:

- Payroll Validation: Ensure accuracy and integrity in payroll processing by validating payroll inputs and outputs.

- Salary Advances: Process salary advances in accordance with company policies.

- Exit Management: Support employee exits by obtaining and documenting all necessary clearances, process full and final settlement, and issue required letters. Ensuring proper documentation and approvals in cases of payroll recoveries and write-offs as applicable.

- Benefits Administration: Administer retirals (provident fund, NPS, gratuity) and employee benefits (insurance, car lease, etc.) ensuring compliance with company policies and regulations.

- Year end activities: Oversee the year-end tax proof submission process, ensuring compliance and timely employee submissions and timely form-16 generation.

- TDS Returns: Handle quarterly TDS return filing and report validation.

- Ensure timely resolution of employees' payroll and leave related matters.

4. Process Improvement:

- Process Improvement: Conduct periodic reviews of payroll processes, identify areas for improvement, and implement changes to enhance efficiency and accuracy.

- Standardization: Establish and maintain standard operating procedures (SOPs) and FAQs to ensure uniform and standardized payroll process steps.

- Documentation: Prepare and maintain accurate payroll records, ensuring they are up-to-date and readily accessible for audits and reporting.

- Reporting: Ensure timely and accurate submission of payroll data for statutory and internal reporting requirements and closure of company books.

Capabilities & Requirements:

- Master's degree in Human Resources, Labour Laws, or related field.

- Thorough understanding of the Indian payroll processes, tax laws and payroll related compliance regulations. Knowledge of US payroll is a plus.

- 7 to 8 years experience in payroll and benefits management, with at least 2-3 years in a managerial role, within a large organization.

- Experience in managing payroll for multiple legal entities is preferred.

- Proven experience in handling statutory and tax audits.

- Excellent analytical and problem-solving skills, with the ability to interpret complex data and resolve discrepancies.

- High level of accuracy and attention to detail in payroll processing and compliance.

- Demonstrated experience in process improvement and change management, with the ability to implement efficient and effective payroll processes.

- Ability to handle confidential and sensitive information.

(ref:iimjobs.com)

  • Manager - Hr Operations And Payroll

    2 weeks ago

    Bengaluru, Karnataka, India Ansr Global Corporation Full time

    Summary: We are seeing an enthusiastic Human Resources (HR) Assistant Manager to implement a variety of human resource programs.Important functions such as onboarding, payroll, compensation and benefits, training and development, labour law compliance etc.are part of the role.If you are looking to build your career in HR, this is the place to be.Due to the...

  • Lead HR Operations

    4 weeks ago

    Bengaluru, India Livspace Full time

    ABOUT US Livspace is Asiaʼs largest and fastest-growing omnichannel home interiors and renovation platform. Using its proprietary technology, Livspace provides a one-stop renovation solution for homeowners—from design to managed last mile fulfillment for all rooms in a home. The platform has organized a fragmented industry, bringing together designers,...

  • Associate - Benefits and Uk Payroll

    2 weeks ago

    Bengaluru, Karnataka, India Delta Capita Full time

    **Purpose**: We are looking for someone to assist with payroll support and benefits administration. **Responsibilities**: **Payroll** - Working alongside the Senior HR Administrator, manage end-to-end payroll operations for multiple countries including Ireland, UK and Poland. - Develop and implement payroll policies, procedures, and controls to ensure...

  • Senior Manager

    4 weeks ago

    Bengaluru, India ANSR Global Corporation Full time

    Summary:We are seeing an enthusiastic Human Resources (HR) Senior Manager to implement a variety of human resource programs. Important functions such as onboarding, payroll, compensation and benefits, training and development, labour law compliance etc. are part of the role.If you are looking to build your career in HR, this is the place to be. Due to the...

  • Senior Manager

    4 weeks ago

    Bengaluru, India ANSR Global Corporation Full time

    Summary:We are seeing an enthusiastic Human Resources (HR) Senior Manager to implement a variety of human resource programs. Important functions such as onboarding, payroll, compensation and benefits, training and development, labour law compliance etc. are part of the role.If you are looking to build your career in HR, this is the place to be. Due to the...

  • Senior Manager

    2 days ago

    Bengaluru, India ANSR Global Corporation Full time

    Summary:We are seeing an enthusiastic Human Resources (HR) Senior Manager to implement a variety of human resource programs. Important functions such as onboarding, payroll, compensation and benefits, training and development, labour law compliance etc. are part of the role.If you are looking to build your career in HR, this is the place to be. Due to the...

  • Lead HR Operations

    2 weeks ago

    Bengaluru, Karnataka, India Livspace Full time

    Job Description As an HR Operations Specialist, you will be responsible for the end-to-end HR Operations activities for the organization with primary focus on Payroll management. Responsibilities will include projects that will require one-time execution and stakeholder management. This position is responsible for managing & administration of the...

  • Associate - Benefits and UK Payroll

    5 days ago

    Bengaluru, India Delta Capita Full time

    DescriptionPurpose: We are looking for someone to assist with payroll support and benefits administration. Responsibilities:Payroll Working alongside the Senior HR Administrator, manage end-to-end payroll operations for multiple countries including Ireland, UK and Poland. Develop and implement payroll policies, procedures, and controls to ensure accuracy,...

  • HR Benefits Analyst

    2 weeks ago

    Bengaluru, Karnataka, India ABB Full time

    HR Benefits AnalystAt ABB, we are dedicated to addressing global challenges. Our core values: care, courage, curiosity, and collaboration combined with a focus on diversity, inclusion, and equal opportunities are key drivers in our aim to empower everyone to create sustainable solutions.Write the next chapter of your ABB story.This is a position with global...

  • HR Benefits Analyst

    4 weeks ago

    Bengaluru, Karnataka, India ABB Full time

    HR Benefits AnalystAt ABB, we are dedicated to addressing global challenges. Our core values: care, courage, curiosity, and collaboration combined with a focus on diversity, inclusion, and equal opportunities are key drivers in our aim to empower everyone to create sustainable solutions.Write the next chapter of your ABB story.This is a position with global...

  • HR Benefits Analyst

    4 weeks ago

    Bengaluru, Karnataka, India ABB Full time

    HR Benefits AnalystAt ABB, we are dedicated to addressing global challenges. Our core values: care, courage, curiosity, and collaboration combined with a focus on diversity, inclusion, and equal opportunities are key drivers in our aim to empower everyone to create sustainable solutions.Write the next chapter of your ABB story.This is a position with global...

  • Lead HR Operations

    4 weeks ago

    Bengaluru, India Livspace Full time

    Job Description As an HR Operations Specialist, you will be responsible for the end-to-end HR Operations activities for the organization with primary focus on Payroll management.  Responsibilities will include projects that will require one-time execution and stakeholder management. This position is responsible for managing & administration of the...

  • Lead HR Operations

    1 month ago

    Bengaluru, India Livspace Full time

    Job Description As an HR Operations Specialist, you will be responsible for the end-to-end HR Operations activities for the organization with primary focus on Payroll management.  Responsibilities will include projects that will require one-time execution and stakeholder management. This position is responsible for managing & administration of the...

  • Payroll Benefits Administrator, India

    5 days ago

    Bengaluru, India StoneX Group Inc. Full time

    Class: Full-timeLegal Entity: SNEX Technology Services Private LimitedReports to: Manager Payroll & Benefits APACCompany Overview:StoneX is an institutional-grade financial services network that connects companies, organizations, and investors to the global market's ecosystem through a unique blend of digital platforms, end-to-end clearing and execution...

  • HR Operations

    2 weeks ago

    Bengaluru, Karnataka, India KreditBee Full time

    The HR Operations Specialist plays a crucial role in managing and streamlining HR processes and procedures to ensure efficient HR operations within the organization. This role involves overseeing various HR functions, maintaining HR systems, and collaborating with different departments to support overall organizational objectives. Responsibilities: Manage...

  • Payroll and Benefits Administrator, India

    2 weeks ago

    Bengaluru, Karnataka, India StoneX Group Full time

    Overview:Class: Full-timeLegal Entity:SNEX Technology Services Private LimitedOrganization:SNEX Technology Services Private LimitedReports to: Manager Payroll & Benefits APACCompany Overview:StoneX is an institutional-grade financial services network that connects companies, organizations, and investors to the global markets ecosystem through a unique blend...

  • Payroll and Benefits Administrator, India

    5 days ago

    Bengaluru, India StoneX Full time

    Overview Class: Full-time Legal Entity: SNEX Technology Services Private Limited Organization: SNEX Technology Services Private Limited Reports to: Manager Payroll & Benefits APAC Company Overview: StoneX is an institutional-grade financial services network that connects companies, organizations, and investors to the global markets...

  • Payroll and Benefits Administrator, India

    3 weeks ago

    Bengaluru, Karnataka, India StoneX Group Full time

    Overview: **Class**: Full-time **Legal Entity**:SNEX Technology Services Private Limited **Organization**:SNEX Technology Services Private Limited **Reports to**: Manager Payroll & Benefits APAC **Company Overview**: StoneX is an institutional-grade financial services network that connects companies, organizations, and investors to the global markets...

  • Lead HR Operations

    2 weeks ago

    Bengaluru, Karnataka, India Livspace Full time

    ABOUT USLivspace is the leading and rapidly growing omnichannel platform for home interiors and renovation in Asia. With its innovative technology, Livspace offers a comprehensive solution for homeowners, covering everything from design to seamless fulfillment for all areas of a home. By uniting designers, brands, manufacturers, and contractors, Livspace has...

  • HR Operations Role

    2 weeks ago

    Bengaluru, Karnataka, India FreeCharge Full time

    We are looking for a highly organized and detail-oriented individual to join our HR Operations team.The perfect candidate will have a key role in overseeing the day-to-day HR operations, Analytics, Payroll, and Compliance.Responsibilities:Maintain employee records, both physical and electronic, ensuring compliance with relevant laws and company...