Payroll Team Lead

Job Title: Team Lead-PayrollDepartment: Risk & Compliance and PayrollReports To: Payroll Manager Risk and Compliance & PayrollExperience Required: 5 – 7 yearsEmployment Type: Full-timeJob Summary:SBS Global ), incorporated in 2006 and headquartered in Bangalore, India, is an ISO 9001:2015 and 27001:2013 certified company offering a comprehensive range of Financial Services and HR Solutions for organizations across the globe. We specialize in Financial Accounting and Advisory for India-based entities, US and EMEA Tax & Accounting, Virtual CFO, Outsourced Compliance, and Company Secretarial services for organizations across diverse sectors.We are looking for a highly skilled and detail-oriented Senior Payroll Lead to oversee and manage payroll operations across multiple entities while ensuring end-to-end statutory compliance. This role requires a proven ability to manage payroll teams, streamline processes, liaise with stakeholders, and maintain the highest standards of accuracy and confidentiality. The ideal candidate should have hands-on expertise with payroll software such as GreytHR or Zoho Payroll and strong knowledge of Indian payroll and labor laws.Key Responsibilities:Payroll Management & Leadership:· Lead and manage end-to-end payroll processing for multiple entities, ensuring timeliness, accuracy, and compliance.· Supervise payroll executives/associates and provide guidance, training, and performance feedback.· Validate employee data, attendance, variable components, and reconciliations prior to payroll disbursement.· Ensure robust controls are in place for error-free payroll processing.Compliance & Governance:· Ensure compliance with statutory requirements such as PF, ESI, PT, Income Tax, LWF, Gratuity, and other applicable laws.· Oversee preparation and filing of monthly, quarterly, and annual statutory returns.· Ensure timely issuance of Form 16 and other statutory documents.· Stay updated with amendments in tax and labor regulations and ensure company policies are aligned.Audit, Reporting & Reconciliation:· Conduct periodic payroll audits to ensure accuracy and compliance.· Prepare payroll MIS reports, dashboards, and analytics for management.· Reconcile payroll accounts with finance and statutory deductions.· Support internal and external audits by providing necessary records and explanations.Employee Experience & Stakeholder Management:· Act as an escalation point for employee payroll and tax-related queries.· Collaborate with HR, Finance, and external vendors to resolve payroll discrepancies.· Ensure clear communication of payroll policies, tax benefits, and statutory guidelines to employees.Process Improvements & Automation:· Evaluate, recommend, and implement process improvements to enhance payroll efficiency and accuracy.· Drive automation and adoption of digital payroll solutions (GreytHR, Zoho Payroll, or equivalent).· Document and update payroll SOPs and process flows for standardization.Candidate Requirements:· Bachelor's degree in HR, Finance, Accounting, or a related field (preferred).· 5 – 7 years of payroll management experience, with at least 2 years in a supervisory/lead role.· Proficiency in payroll software (GreytHR, Zoho Payroll, or similar) and strong MS Excel skills.· In-depth knowledge of Indian payroll laws, tax regulations, and statutory requirements.· Demonstrated ability to manage payroll for medium to large organizations.· Strong leadership, analytical, and problem-solving skills.· High attention to detail, confidentiality, and data integrity.· Excellent communication and stakeholder management skills.· Ability to handle multiple priorities and deliver within strict deadlines.