Payroll Manager

Overview: We are seeking a dedicated and experienced Manager/Sr. Manager of Payroll to join our dynamic team. If you are detail-oriented, have a strong understanding of payroll processes, and possess excellent leadership skills, we invite you to apply and be a part of our growing organization. As the Manager/Sr. Manager, Payroll at 1 Point 1, you will play a critical role in ensuring the accurate and timely processing of payroll for our employees. You will lead a team of payroll specialists and work closely with the HR department to maintain compliance with relevant laws and regulations.

Responsibilities:

1. Payroll Processing: Oversee the end-to-end payroll process, including data collection, calculation, and distribution of salaries& wages.

Ensure market mapping and rollout & management of the employee benefits.

Ensure accuracy in payroll calculations, deductions, and taxes.

Maintain payroll records and resolve any discrepancies or issues promptly.

2. Team Management: Manage and mentor a team of payroll specialists, providing guidance and support in their daily tasks. Conduct performance evaluations, set goals, and facilitate professional development.

3.Salary & Tax Compliance: Stay up-to-date with relevant employment laws and tax regulations, ensuring the company's compliance. Prepare and submit payroll-related reports, such as tax filings and year-end documents.

4. Process Improvement: Continuously assess and improve payroll processes to enhance efficiency and accuracy. Implement best practices and leverage technology for the latest best practices and automation.

Provide guidance and training to team members on corporate governance matters and compliance procedures pertaining to payroll.

5. Communication: Collaborate with HR, Finance, and other departments to gather and verify payroll-related data. Address employee inquiries and concerns related to payroll matters in a timely manner.

6. Annual Reports: Generate regular payroll reports for management, including cost analysis and budget forecasting.

7. Strategic Support: Contribute to strategic planning and decision-making.

Requirements:

Proven experience in payroll administration, with at least 7-10 years in a managerial role (Assistant Manager/Deputy Manager) for an organization strength of a minimum of 3K- 5K employees.

Working in the relevant Domestic BPO industry shall be preferred.

Strong understanding of payroll regulations, tax laws, and compliance requirements.

Excellent analytical and problem-solving skills.

Proficiency in payroll software and Microsoft Office Suite.

Thorough knowledge of corporate governance, labor law, and regulatory compliance.

Strong communication and interpersonal skills.

Excellent analytical and problem-solving skills, with a data-driven mindset.

Exceptional communication and interpersonal skills to build relationships with employees & stakeholders.

Demonstrated ability to adapt to changing environments and handle multiple priorities simultaneously.

Attention to detail and a high level of accuracy.

Ability to work independently and as part of a team.

Strong ethics and integrity.

If you possess the required skills and experience, we invite you to join our dynamic team and contribute to our continued growth and success

• Seniority Level

Mid-Senior level

• Industry
• Outsourcing and Offshoring Consulting
• Employment Type

Full-time

• Job Functions
• Human Resources
• Accounting/Auditing
• Skills
• Microsoft Office
• Communication
• Payroll Administration
• Payroll Processing
• Problem Solving
• Labor and Employment Law
• High Level Of Accuracy
• Budget Forecasting
• Analytical Skills
• Corporate Governance

Screening questions

Required qualifications

• How many years of work experience do you have with Microsoft Office Accounting

Ideal Answer: Minimum: 5

• How many years of work experience do you have with Payroll Administration

Ideal Answer: Minimum: 10

Preferred qualifications

• How many years of work experience do you have with Microsoft Excel

Ideal Answer: Minimum: 5

Salary: 15 LPA

Location: Turbhe, Navi Mumbai (400705)