Chief Manager

2 days ago

Mumbai City District, India Kotak Life Insurance Full time

Job Title: HR Statutory Compliance Manager
Key words HR Compliance, Compliance payroll, Statutory Compliance
Location Preferred 1 hour travel time
Qualification Bachelors degree in Human Resources, Business Administration, Law, or
a related field NP 30 days Age Upto 35 Gender Male/Female Experience 10-15 years CTC 10L-16L pa Grade L5
Industry Compliance vendors, Insurance industry, BFSI, NBFC or similar
Communication/Skills - Proven experience in a compliance or HR role with a focus on statutory
regulations.
- Track record of handling statutory cases/notices
- Strong understanding of compliances and tax regulations
- Proficiency in communicating with different stakeholders
- Excellent organizational skills
- Strong attention to detail and accuracy
- Strong knowledge of labor laws and employment regulations
- Excellent organizational skills and attention to detail
- Strong communication and interpersonal skills
- Ability to work with team effectively
Job Summary:
The Statutory Compliance Manager will oversee and manage the companys compliance with all
statutory and regulatory requirements in India. This role requires a deep understanding of Indian labor
laws, tax regulations, and industry-specific compliance requirements. The ideal candidate will be
detail-oriented, proactive, and capable of implementing compliance strategies effectively.
Key Responsibilities:
1. Regulatory Compliance:
• Monitor and interpret relevant laws, regulations, and changes affecting the business. Ensure
adherence to statutory requirements including labor laws, tax regulations, and industry-
specific compliance. Prepare and file necessary documentation for compliance with regulatory
authorities.
2. Documentation and Reporting:
• Prepare and maintain accurate records and reports related to compliance activities.
• Manage internal audits and inspections to ensure compliance with statutory requirements.
3. Risk Management:
• Identify and assess compliance risks and develop strategies to mitigate them.
• Investigate compliance issues and recommend corrective actions.
4. Liaison and Coordination:
• Coordinate with external agencies, auditors, and consultants as required.
• Liaise with government authorities and ensure timely submission of compliance reports and
documents.
5. Continuous Improvement:
• Stay updated with changes in laws and regulations and recommend necessary changes to
internal policies.
• Implement best practices in compliance management and drive continuous improvement
initiatives.
6. Audits and Inspections:

  • Prepare for and manage internal and external audits related to compliance.
    • Implement corrective actions based on audit findings and recommendations.
    Qualifications:
    • Bachelors degree in Law, Business Administration, Finance, or a related field. A Master's degree
    or relevant professional certification (e.g., CS, CA) is preferred.
    • Minimum of 10-15 years of experience in statutory compliance or a related field, preferably in
    (industry or sector).
    • In-depth knowledge of Indian labour laws, tax regulations, and other statutory requirements.
    • Strong analytical skills and attention to detail.
    • Good communication and interpersonal skills.
    • Proficiency in MS Office and compliance management software.
    Preferred Skills:
    • Integrity and strong ethical standards.
    • Ability to work independently and as part of a team.
    • Strong problem-solving skills and the ability to handle complex compliance issues.

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