Payroll Team Lead

Job Title: Team Lead-Payroll

Department: Risk & Compliance and Payroll

Reports To: Payroll Manager Risk and Compliance & Payroll

Experience Required: 5 – 7 years

Employment Type: Full-time

Job 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.