Assistant Manager

2 weeks ago

Bengaluru, Karnataka, India Coats Group Full time ₹ 6,00,000 - ₹ 12,00,000 per year

Position Title: Assistant Manager - Payroll

Location: Bangalore, India

Role Purpose:

The Assistant Manager – Payroll will be responsible for end-to-end payroll management for India, ensuring timely and accurate processing of employee salaries, statutory compliance with Indian labour and tax regulations, and payroll-related reporting. The role requires strong attention to detail, thorough knowledge of Indian statutory laws, and effective coordination with multiple stakeholders to maintain payroll accuracy and compliance.

Principal Accountabilities and Key Activities


• Manage monthly payroll processing for all employees, ensuring accuracy and timeliness.


• Validate and reconcile inputs such as attendance, leave records, new joiners, exits, salary revisions,

   and variable pay.


• Ensure full compliance with statutory requirements (PF, ESI, PT, TDS, gratuity and other applicable     

    labour laws).


• Handle employee queries related to salary, taxation, and payroll policies.


• Prepare payroll MIS, reports, and analytics for management review.


• Stay updated on changes in labour laws, taxation, and statutory compliance.


• Support process automation, audits, and continuous improvement in payroll systems.

Education, Qualifications and Experience


• Graduate/Postgraduate in Commerce, Finance, or HR. MBA/PGDM or CMA/ CA


• Experience: 7-10 years of payroll management experience (India payroll).

Essential:


• Strong knowledge of payroll systems (SAP, ADP etc.).


• Proficiency in MS Excel (advanced formulas, reconciliations).


• Knowledge of income tax and statutory compliance.

Desirable:


• Payroll Accuracy & Compliance


• Statutory Knowledge (PF, ESI, PT, TDS, etc.)


• Employee Query Resolution


• Analytical & Reporting Skills


• Process Orientation & Continuous Improvement

Behavioural Skill


• High attention to detail and accuracy.


• Strong analytical and problem-solving skills.


• Ability to maintain confidentiality and handle sensitive information.


• Good communication and stakeholder management skills

At Coats Group, we are committed to innovation, excellence, and fostering a diverse and collaborative environment where every team member can thrive. If you are passionate about making an impact in the textile industry and eager to join a global leader with a rich heritage and a forward-thinking approach, we invite you to take the next step in your career with us

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