Payroll Manager

17 hours ago

Mumbai, Maharashtra, India Equentis Wealth Advisory Full time ₹ 5,00,000 - ₹ 15,00,000 per year

Job Title: Manager- Payroll

Location: Mumbai

Department: Human Resources

Reports To: Head HR

Job Summary:

The Payroll Manager is responsible for overseeing the ensre payroll process to ensure mely

and accurate payment of salaries and compliance with all relevant laws and company policies.

This role involves managing payroll stats coordinating with HR and Finance departments,

maintaining payroll records, and handling tax and statutory reporting related to payroll.

Key Responsibilites:

1-Manage and oversee the payroll function to ensure accurate and timely processing of

employee salaries, bonuses, commissions, and deductions.

2-Ensure compliance with statutory requirements such as tax withholdings, social security

contributions, and labor laws.

3-Coordinate with HR for timely updates on employee status changes (new hires,

terminations, leaves, promotions, salary adjustments).

4-Maintain payroll records and ensure data integrity across payroll systems.

5-Prepare and submit periodic payroll reports to management and relevant government

authorities.

6-Handle payroll inquiries and resolve any discrepancies or issues promptly.

7-Manage and mentor the payroll team to maintain high performance and continuous

process improvement.

8-Collaborate with Finance to ensure proper accounting for payroll expenses and accruals.

9-Stay updated on payroll legislation and best practices to ensure compliance and

processes.

10-Assist with audits and respond to inquiries from tax authorities and auditors.

11-Implement and maintain payroll software and systems.

Qualification & Skills:

1-Bachelors degree in accounting, Finance, Human Resources, or related field.

2-Proven experience (typically 5+ years) in payroll management, preferably in a similar

industry in Indian market only.

3-Strong knowledge of payroll regulations, tax laws, and statutory compliance.

4-Proficient with payroll softwares and HRIS systems (e.g., ADP, SAP, Oracle, Workday).

5-Excellent anallytical organizational and problem-solving skills.

6-High intent of attention to detail and accuracy.

7-Excellent communication skills, both verbal and written.

8-Ability to maintain confidentiality and handle sensitive information.

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