Varahe Analytics

3 weeks ago

Bengaluru, India Varahe Analytics Private Limited Full time

Job Summary:

- We are seeking an experienced Payroll Manager to lead and oversee the end-to-end payroll process for our organization.

- The ideal candidate will ensure timely and accurate payroll processing, compliance with statutory regulations, and efficient management of payroll systems and staff.

Key Responsibilities:

- Manage the entire payroll process, ensuring accurate and timely salary disbursements for all employees.

- Ensure compliance with statutory regulations related to payroll including PF, ESI, TDS, professional tax, gratuity, and other labor laws.

- Maintain and update payroll records including attendance, leaves, bonuses, deductions, and reimbursements.

- Coordinate with HR and Finance teams to process new hires, terminations, promotions, and salary revisions.

- Oversee payroll software/system implementation, upgrades, and troubleshoot payroll system issues.

- Prepare and submit monthly/quarterly/annual statutory returns and reports related to payroll.

- Respond to employee payroll queries and resolve discrepancies promptly.

- Lead, train, and supervise the payroll team to ensure operational efficiency and accuracy.

- Conduct periodic audits of payroll data to ensure accuracy and compliance.

- Liaise with external auditors, tax consultants, and regulatory bodies as required.

- Recommend and implement process improvements to enhance payroll efficiency and accuracy.

- Stay updated on changes in payroll laws and best practices.

Required Qualifications and Skills:

- Bachelor's/master's degree in Finance, Accounting, HR, or related field.

- Proven experience as a Payroll Manager or similar role (typically 5+ years).

- Strong knowledge of payroll processes, statutory compliance, and labor laws.

- Hands-on experience with payroll software (e. , ADP, SAP SuccessFactors, Workday, Oracle Payroll, or similar).

(ref:iimjobs.com)

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