Justdial - Lead - Payroll

Key job responsibilities:

- Contributes to the strategic direction of the company based on internal and industry knowledge

- Responsible for developing and communicating team or department vision and goal

- Build and monitor a consolidated Payroll Operations annual operating plan to forecast headcount needs with detailed analysis of budget to actual results on a monthly and quarterly basis

- Partner with external stakeholders HR, Accounting, Treasury (external to the Payroll department)

- Partner with internal stakeholders Compliance, Controllership, Payroll Transformation, Payroll Academy

- Responsible to develop and implement systems to support rapid growth. Performs autonomously and initiate and manages complex, departmental and/or cross- company work

- Build scalable processes to recruit, train, and develop business professionals to support business expansion

- Lead performance review processes with VPs, Directors, and senior leaders across functions in the region

BASIC QUALIFICATIONS:

- Core knowledge of SAP.

- 7+ years of relevant experience in operations, payroll, or related finance fields

- Strong communication skills, both verbal and written

- Customer focus and professional demeanour

- Advanced experience with Excel and Outlook

- The ability to multitask and work autonomously.

- Ability to meet tight deadlines and efficiently interact with various groups across the company

- Coordinate with Payroll stakeholders (HR, Benefits, Compensations, Operations, Accounting, AP, AR)

- A background in Payroll Processing and Analysis

The role of a payroll manager is given below and involves various responsibilities related to managing the payroll function within an organization. Here is a more detailed breakdown of the roles and responsibilities of a payroll manager:

Payroll Processing:

- Collect and review time and attendance data, ensuring accuracy.

- Process payroll transactions, including min wages, overtime, bonuses, and deductions.

- Verify and reconcile payroll data to ensure accuracy before processing.

- Paysheet generation using SAP

- Payslip generation

Compliance:

- Stay updated on federal, state, and local labor laws, and compliance requirements.

- Ensure that payroll practices align with legal and regulatory standards.

- Prepare and submit accurate payroll related reports.

Recordkeeping:

- Maintain and update payroll records, including employee details, compensation, and Professional tax information.

- Ensure proper documentation and filing of payroll records for audit purposes.

Technology and Systems:

- Oversee the implementation and enhancement of payroll systems.

- Ensure integration with other HR and finance systems.

- Stay informed about advancements in payroll technology and recommend system improvements.

Communication:

- Address employee queries related to payroll and benefits.

- Provide clear and timely communication regarding payroll policies and procedures.

- Collaborate with HR and finance departments for effective information flow.

Policy Development:

- Ensure that payroll practices are in line with the organization's overall policies and goals.

- Communicate changes in policies to relevant stakeholders.

Audit and Compliance:

- Conduct regular internal audits to identify discrepancies and ensure compliance.

- Assist in external audits conducted by regulatory bodies.

- Implement corrective measures based on audit findings.

Full and final settlement:

- Review and verify the employee's resignation and termination details.

- Confirm that all necessary approvals for the separation are in place.

- Calculate the final payout for the employee, including salary for the notice period (if applicable), gratuity, bonuses, and any other pending dues.

- Ensure accuracy in calculating F&F, such as outstanding loans, advances, or other liabilities.

Problem Resolution:

- Investigate and resolve payroll discrepancies and errors.

- Address and resolve employee concerns or disputes related to payroll.

- Implement preventive measures to reduce errors in future payroll processing.

Training and Development:

- Stay updated on industry best practices and share knowledge with the team.

- Foster a culture of continuous learning within the payroll department.

Reporting:

- Generate and distribute regular and ad-hoc payroll reports to management.

- Provide financial and statistical information related to payroll for budgeting and decision-making purposes.

- Budgeting and Cost Analysis:

- Collaborate with finance departments to budget for payroll-related expenses.

- Analyze payroll costs and provide insights for cost-saving measures.

Collaboration:

- Work closely with branch HR, finance, and other departments to ensure seamless coordination of payroll-related activities.

- Collaborate with external vendors or consultants when necessary.