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Open nowFirst seen 4 days ago

Payroll, Benefits, and Compliance Lead

MhyMatch49 open roles

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Your applicationOpen nowPayroll, Benefits, and Compliance LeadMhyMatch

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Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 58.1%60 days
This job: first seen 4 days ago

The posting

Job Title: Payroll, Benefits, and Compliance Lead

Job Description: We are seeking a detail-oriented and experienced Payroll, Benefits, and Compliance Lead to manage end-to-end payroll processes, ensure compliance with statutory regulations, and administer employee benefits effectively. This role is crucial in maintaining accurate payroll operations and ensuring adherence to legal requirements.

Key Responsibility:

1. Develop and oversee payroll management processes to ensure accurate and timely salary disbursements and compliance with internal policies and statutory requirements.

2. Ensure financial alignment by collaborating with the finance team to integrate payroll entries with the general ledger and financial statements.

3. Enhance customer satisfaction by resolving payroll discrepancies and addressing employee inquiries promptly.

4. Streamline payroll processes by identifying areas for automation and process improvement to increase efficiency and accuracy.

5. Lead and facilitate statutory compliance by ensuring adherence to labor laws and regulations, including PF, ESI, and tax deductions.

6. Administer employee benefits programs to ensure proper communication and understanding of policies among employees.

7. Develop and update payroll policies to align with company objectives and regulatory changes.

8. Conduct internal and external audits to ensure compliance with statutory and financial requirements.

9. Identify and mitigate potential risks in payroll processing to ensure business continuity.

10. Collaborate with cross-functional teams to integrate payroll and compliance activities seamlessly with other business functions.

11. Act as a subject matter expert to provide guidance on payroll and compliance-related queries from internal teams.

12. Lead and mentor the payroll team to foster a collaborative and high-performing work environment.

Head Count: 1

Knowledge: Strong understanding of labor laws, tax regulations, and statutory compliances in India.

Skills: Strong analytical skills, attention to detail, problem-solving, excellent communication, and the ability to work under tight deadlines.

Attitude: Detail-oriented, compliance-focused, proactive in process improvement, and committed to continuous learning.

Qualifications: 8-12 years of experience in payroll management and compliance within a manufacturing or industrial setup, preferably at a leadership level.

Reports to: Head of HR

Company Overview: Our client is a German manufacturer of concrete pumps and other equipment for pumping, distributing and placing concrete, mortar and other high-density solids, and for preparing, temporarily storing, processing and transporting these materials.

Industry: Manufacturing

Company Size: Very Large (501-1000 employees)

Technologies to be used: SPINE payroll software, Excel, automation tools for payroll processing

Team Culture: Clearly defined roles

Benefits: Innovative work environment, Delivering Impact at scale, Competitive Compensation, Equality and Inclusive policies

Employment Type: Full-time Employee

Experience level: 8-12 years

Selection Process: 2 Business Rounds and 1 HR Round

Notice period: Must join in 60 days

Relocation Assistance: Yes

Mode of Work: In-office

Location: Goa

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