Payroll Lead_India

Job Description: Lead – Payroll

Location: Mumbai, Maharashtra, India (On-site)

Experience Level: 6.5-9 Years

Reports To: AVP - Payroll

Role Objective

We are seeking a seasoned Lead - Payroll to lead our end-to-end payroll function. This role is responsible for ensuring the highest standards of accuracy, statutory compliance, and process efficiency for a large, multi-location workforce.

Key Responsibilities

1. End-to-End Payroll Leadership

• Direct the monthly payroll cycle for a workforce of 1,000+ employees, ensuring 100% accuracy in salary registers, payments and deductions.
• Execute payroll using Darwinbox .
• Oversee high-volume bank disbursements and file uploads, ensuring zero-error payout execution.
• Lead the Full & Final (F&F) settlement process, including salary rejections and re-processing.

2. Statutory Compliance & Taxation

• Ensure absolute adherence to all labor laws, including PF, ESI, PT, LWF, and Gratuity .
• Manage TDS processing, investment proof verification, and the issuance of Form 16 .
• Maintain "audit-ready" documentation and lead internal/external payroll audits.
• Oversee Statutory Compliance and ensure statutory payments align with salary registers.

3. Financial Integration & Reporting

• Manage payroll accounting, including GL postings , accruals, and Bank Reconciliation Statements (BRS) .
• Partner with the Finance team to align payroll outputs with corporate accounting standards.
• Develop and present Payroll Analytics Dashboards , variance reports, and metrics to senior leadership.

4. Process Automation

• Drive digital transformation projects related to the payroll.
• Optimize workflows to reduce manual intervention and improve turnaround time (TAT).

Required Skills & Qualifications

• Education: Bachelor of Commerce (B.Com); PGDBA in Human Resources or an MBA is highly preferred.
• Technical Expertise: Proficiency in Darwinbox is essential. Advanced Excel skills for MIS and analytics.
• Experience: Minimum 7 years in payroll
• Soft Skills: Strong "employee-first" mindset, stakeholder management etc.
• Domain Knowledge: Deep understanding of Indian Labor Laws, CTC structuring.