Payroll Manager

1 day ago

Greater Bengaluru Area, India Awign Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Job Overview

The Payroll cum Compliance Manager will be responsible for overseeing and managing the end-to-end payroll functions for contract staff. This role combines payroll management with compliance oversight, requiring a thorough understanding of payroll systems, tax regulations, state and central compliance requirements and employment laws.

Primary Responsibilities

Payroll Management:

  • Oversee the preparation and processing of the payroll on a timely basis for 1000+ contract employees.
  • Ensure accurate calculation of wages, benefits, tax deductions, and other deductions.
  • Maintain payroll processing system and records by gathering, calculating, and inputting data.
  • Manage the on-boarding and exit formalities
  • Resolve payroll discrepancies by collecting and analyzing information.
  • Maintain payroll guidelines by writing and updating policies and procedures.
  • Ensure compliance with all payroll-related laws and regulations.
  • Respond to and resolve employee payroll inquiries and issues.
  • Ensure 100% compliance with state and central laws by coordinating with the compliance partner and finance department on a timely basis.

Compliance Management:

  • Ensure compliance with state,payroll, wage & laws and best practices.
  • Stay current with payroll-related legislation and regulatory changes.
  • Prepare and file required reports, including quarterly and annual payroll taxes.
  • Manage internal and external audits related to payroll.
  • Ensure the organization's payroll practices are compliant with labor laws and regulations.
  • Advise management on compliance issues and recommend necessary actions.
  • Implement and maintain internal controls to safeguard payroll operations.

Qualifications:

  • Bachelor's degree in Accounting, Finance, Human Resources, or a related field.
  • Minimum of 7+ years of experience in payroll and compliance management for various states in India.
  • Strong knowledge of payroll software and systems.
  • In-depth understanding of tax and employment laws.
  • Excellent analytical and problem-solving skills.
  • Strong organizational and time management skills.
  • Excellent communication and interpersonal skills.
  • High level of integrity and confidentiality.

Skills:

  • Proficiency in payroll software
  • Strong attention to detail and accuracy.
  • Ability to work under pressure and meet tight deadlines.
  • Knowledge of compliance best practices and regulatory requirements.
  • Ability to handle sensitive information with discretion.
  • Strong leadership and team management skills.

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