Shriram Properties - Assistant General Manager - Payroll

Compensation & Benefits Design and Management:

- Manage annual compensation processes, including increments, promotions, and incentive payouts.

- Lead CTC structuring for new and existing roles in line with statutory and taxation guidelines.

- Manage short-term and long-term incentive programs tailored to real estate performance metrics.

- Benchmark compensation and benefit practices using industry surveys (e.g., Aon, Mercer, etc.)

Benefits Administration:

- Drive employee awareness and utilization of benefit offerings through structured communication.

- Evaluate vendor performance for insurance, statutory benefits, and other employee services.

Payroll Execution and Governance:

- Ensure accurate and timely payroll processing for all employees, including variable payouts, reimbursements, and final settlements.

- Oversee payroll compliance with Income Tax, PF, ESIC, LWF, Gratuity, and other statutory deductions.

- Ensure seamless integration of HRMS and payroll platforms for error-free execution.

- Collaborate with Finance and Audit teams for payroll reconciliation and audits.

Audit, Compliance & Reporting:

- Prepare and submit periodic MIS reports to senior management and statutory bodies.

- Ensure adherence to labor laws, SEBI listing obligations, and corporate governance norms.

Stakeholder Engagement:

- Provide consulting support to HRBPs and leadership on salary corrections, rewards, and policy interpretations.

- Act as a SPOC for compensationand payroll-related queries during M&A, due diligence, or board reviews.