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PocketFM - Senior Manager/Associate Director - Payroll & Compliance Head
3 months ago
Role Overview:
The Head of Payroll & Compliance will oversee payroll and compliance operations across our global locations. This role will ensure adherence to payroll regulations, manage compliance risks, conduct audits, and drive efficiency in payroll processes, with a primary focus on India and significant responsibilities across international Payroll Management:
- Develop and implement a comprehensive global payroll strategy, ensuring compliance with local, regional, and international regulations.
- Oversee payroll processing for employees across India, the US, UK, Europe, and other regions, ensuring accuracy and timeliness.
Compliance Oversight:
- Ensure payroll operations adhere to all applicable laws and regulations, including tax laws, labor laws, and data protection regulations in various jurisdictions.
- Monitor and interpret changes in payroll and employment legislation and update policies and practices as necessary.
Governance and Risk Management:
- Establish and maintain strong internal controls and compliance frameworks for payroll activities and HR labor compliances.
- Identify, assess, and mitigate compliance risks related to payroll processing.
- Conduct regular compliance audits and risk assessments to identify and address potential issues.
Audit Management:
- Lead and manage internal and external audit processes related to payroll and compliance.
- Prepare for and facilitate audit reviews, ensuring that all payroll records and processes are accurately documented and compliant.
- Address audit findings and implement corrective actions to resolve any issues identified.
Stakeholder Management:
- Serve as the primary point of contact for compliance-related queries and issues from internal and external stakeholders.
- Work closely with auditors, legal advisors, and regulatory bodies to ensure ongoing compliance.
Technology and Process Improvement:
- Leverage technology to enhance payroll processing and compliance reporting.
- Continuously evaluate and optimize payroll systems and procedures to ensure accuracy, efficiency, and Bachelor's degree in Accounting, Finance, Human Resources, or a related field.
- Extensive experience (10+ years) in payroll and compliance, with a strong understanding of international payroll regulations and practices.
- Proven track record of managing payroll compliance and audit processes in a multinational environment, with a focus on India, the US, UK, and Europe.
- In-depth knowledge of payroll systems, tax regulations, and employment laws in various jurisdictions.
- Strong analytical, problem-solving, and organizational skills.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with diverse teams and stakeholders.
- Ability to manage multiple priorities and work in a dynamic, fast-paced environment
