bp India | Payroll Service Lead India

Responsibilities

• As a payroll lead, you will oversee all aspects of payroll processing, ensuring accuracy, compliance and timely payments of employees at our organisation.
• You will also collaborate with various departments to gather and validate payroll information, resolve payroll discrepancies and provide exceptional service to our employees.
• Preparing payroll reports, including income tax returns and provident fund filling.
• Conducting regular payroll audits and ensuring compliance with Indian labour laws, tax regulations and statutory requirements.
• Collaborating with various departments, Taxation and finance departments to seamlessly integrate payroll and employee data.
• Ensure accuracy and compliance with applicable laws, regulations and company policies while processing payroll.
• Monitor and resolve payroll discrepancies, investigating and resolving issues promptly and accurately.
• Maintain confidentiality and data security standards for all payroll-related information.
• Lead improvement projects and technical implementations.
• Overseeing and managing end-to-end payroll processing, including salary calculations, deductions and benefits administration, such as provident fund, gratuity, superannuation etc.
• Processing new hires, terminations, promotions and other employee status changes in the payroll system, to ensure accuracy and resolve discrepancies.
• Administer and maintain payroll systems, ensure data integrity and implement system upgrades and enhancements.
• Collaborate with HR, finance and other departments to gather and validate payroll information, such as new hires, terminations, promotions and salary changes.
• Generate payroll reports, including tax filings, benefits deductions and other required reports, ensuring compliance with regulatory requirements.
• Address employee inquiries and concerns related to payroll, providing exceptional customer service and support.

Requirements

• Should have worked for payroll of more than 6000+employees for India.
• Team management of more than 5 members, performance management ,audit experience is a must.
• In-depth knowledge of payroll processes, labour laws, taxation and statutory compliance in India.
• Experience in handling payroll audits, inspections and compliance assessments.
• Proficiency in payroll software and systems, such as SAP and ADP, with experience implementing and managing payroll systems.
• Excellent understanding of financial principles and the ability to reconcile payroll with financial records.
• Strong attention to detail and accuracy in managing complex payroll calculation data.
• Good organisational and time management skills to meet strict payroll deadlines and manage multiple priorities.
• Exceptional communication and interpersonal skills, with the ability to interact effectively with employees at all levels of the organisation.
• High level of integrity and ability to handle sensitive and confidential information.
• Proficiency in Microsoft Office applications, particularly Excel.
• Bachelor’s degree or equivalent with relevant professional certification in payroll management, such as Certified Payroll Professional (CPP).
• Knowledge of multi-state payroll processing and Indian tax regulations, including TDS, GST and income tax provisions.
• Familiarity with payroll-related aspects of Indian labour laws, such as the Employees’ Provident Fund (EPF) Act, the Employees’ State Insurance (ESI) Act and the Professional Tax Act.
• Familiarity with HRIS (Human Resources Information Systems) and time and attendance systems.
• Strong understanding of accounting principles and practices related to payroll.
• Ability to adapt to changing payroll regulations and implement necessary updates.
• Knowledge, Performance and planning, Problem Solving {+ 7 more}.
• Preferred skills and qualifications

bp India

bp India is an employer hiring in India.

Its finance, accounts, audit and tax openings in India are mostly in Pune.