Head - Payroll - BFSI

Position Overview:

We are looking for a dynamic individual to lead our payroll department in Gurgaon. The Head of Payroll will be responsible for overseeing all aspects of payroll operations, ensuring accuracy, compliance, and efficiency. This role requires strong leadership abilities, in-depth knowledge of payroll processes and regulations, and the ability to collaborate effectively with cross-functional teams.

Key Responsibilities :

- Lead and manage the payroll team to ensure timely and accurate processing of payroll for all employees.

- Develop and implement payroll policies, procedures, and best practices to ensure compliance with local laws and regulations.

- Stay up-to-date with changes in payroll legislation and regulations to ensure compliance and mitigate risks.

- Oversee the administration of employee benefits, including health insurance, retirement plans, and other employee perks.

- Collaborate with HR, Finance, and other departments to streamline processes and improve efficiency in payroll operations.

- Manage relationships with external payroll vendors and service providers.

- Handle inquiries and escalations from employees regarding payroll matters.

- Prepare payroll reports and analyses for management review.

- Lead payroll audits and ensure accuracy and completeness of payroll records.

- Provide training and development opportunities for payroll staff to enhance their skills and knowledge.

Qualifications:

- Bachelor's degree in Accounting, Finance, Business Administration, or related field. Master's degree or professional certification (e.g. CPA, CPP) is a plus.

- Minimum of 5 years of experience in payroll management, with at least 2 years in a leadership role.

- In-depth knowledge of payroll processes, taxation, and statutory compliance in India.

- Experience with payroll software and systems; proficiency in Microsoft Excel.

- Strong analytical and problem-solving skills with attention to detail.

- Excellent communication and interpersonal skills.

- Ability to work effectively in a fast-paced environment and manage multiple priorities.

- Demonstrated leadership abilities and a collaborative approach to team management.

- Strong understanding of confidentiality and sensitivity in handling payroll information.

- Ability to thrive in a dynamic and evolving organization.

Location: Gurgaon, India

Type: Full-time