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Manager - Payroll, Comp & Ben

KooversKA, IN17h ago
Full-timevia indeed

Job Description

  • *PAYROLL MANAGER – PAYROLL, COMPENSATION \& BENEFITS**
  • *Role / Designation**

Manager – Payroll, Compensation \& Benefits

  • *Reports To**

Head – HR \& Administration

  • *Role Purpose**

Own accurate, timely and controlled payroll processing for Koovers' on\-roll workforce and manage compensation administration and employee benefits. Ensure payroll integrity, compensation data accuracy, benefits administration and reliable manpower cost reporting.

  • *Key Responsibilities**
  • *Payroll Processing and Controls**
  • Own the monthly payroll cycle for all on\-roll off\- roll employees across Koovers locations.
  • Validate attendance, leave, incentives, variable pay, overtime, reimbursements, new joiners, exits, full\-and\-final settlements and other payroll inputs.
  • Ensure accurate calculation of gross salary, deductions and net pay, with payroll completed within agreed timelines.
  • Reconcile payroll inputs against HRMS, attendance records, approved salary structures and Finance records.
  • Investigate payroll discrepancies, implement corrections and maintain an audit trail of changes.
  • Coordinate with Finance for payroll funding, salary disbursement and reconciliation of payroll\-related accounts.
  • Establish maker\-checker controls, payroll calendars and approval workflows to minimise errors and prevent unauthorised changes.
  • *TDS**
  • Manage end\-to\-end employee salary TDS computation, verification, deduction, and reconciliation in compliance with applicable income\-tax regulations, ensuring accurate tax calculations, declarations, deductions, exemptions, and supporting documentation
  • Address employee tax queries, coordinate with Finance and external consultants, and maintain records for statutory compliance, audits, and inspections.
  • *Compensation Administration**
  • Maintain salary structures, employee compensation records and approved changes.
  • Implement approved increments, promotions, transfers and salary revisions.
  • Prepare compensation statements and salary\-cost reports.
  • Support annual increment and compensation review cycles.
  • Maintain salary confidentiality and access controls.
  • Support internal pay parity analysis and compensation benchmarking.
  • Prepare manpower cost and compensation budget inputs for the Head HR.
  • *Benefits Administration**
  • Coordinate employee insurance and benefits administration.
  • Maintain employee eligibility and enrolment records.
  • Coordinate benefits\-related queries and vendor issues.
  • Support gratuity and other applicable benefit calculations in coordination with Finance and external advisors.
  • Coordinate PF/ESI payroll inputs with the designated compliance owner.
  • *Controls \& Governance**
  • Maintain payroll documentation and audit trails.
  • Reconcile payroll with Finance records.
  • Ensure timely implementation of approved employee changes.
  • Coordinate internal and external payroll audits.
  • Maintain employee master data accuracy.
  • Support HR dashboards covering payroll cost, headcount and employee movement.
  • *Key Deliverables / KRAs**
  • Payroll accuracy and on\-time closure.
  • Payroll reconciliation and audit readiness.
  • Full \& final settlement turnaround.
  • Accurate implementation of compensation changes.
  • Employee benefits administration.
  • Manpower cost reporting.
  • Employee compensation data accuracy.
  • Payroll query resolution.
  • Compliance coordination and closure of audit observations.
  • *Team Size \& People Management**

Individual contributor initially, with the option to add payroll support as complexity grows.

  • *Qualification**

Graduate in Commerce, Finance, Accounting or HR. MBA/PGDM in HR or a relevant payroll qualification preferred.

  • *Experience**

6–10 years of payroll and HR operations experience, with demonstrable ownership of multi\-location payroll. Exposure to compensation administration is essential.

  • *Skills / Competencies – Must Have**
  • End\-to\-end payroll processing.
  • Payroll reconciliation.
  • Salary structures and compensation administration.
  • Advanced Excel.
  • HRIS/payroll systems.
  • Confidentiality and attention to detail.
  • Employee lifecycle and payroll inputs.
  • Coordination with Finance and HR.
  • Strong analytical and numerical skills.
  • *Skills / Competencies – Good to Have**
  • Compensation benchmarking.
  • Benefits vendor management.
  • Payroll automation.
  • HR analytics and dashboards.
  • Experience with outsourced payroll providers.
  • Exposure to budgeting and manpower cost analysis.
  • *Industry / Functional Exposure**

Multi\-location businesses with distributed workforces and recurring payroll cycles.

  • *Any Other Role\-Specific Requirements**
  • Must maintain strict confidentiality of salary and personal data.
  • Must operate within defined approval and segregation\-of\-duties controls.
  • Payroll processing and payroll approval must remain separate.
  • Statutory compliance ownership must be clearly coordinated with the designated compliance role.

Pay: ₹1,000,000\.00 \- ₹1,600,000\.00 per year

Benefits

  • Health insurance
  • Leave encashment
  • Paid sick time
  • Paid time off
  • Provident Fund

Ability to commute/relocate

  • Banashankari, Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Preferred)

Application Question(s)

  • Do you have experience in handling payroll TDS
  • What is the payroll strength you have handled
  • Which softwares have you used for payroll processing
  • Current CTC

Experience

  • Payroll management: 6 years (Preferred)

Work Location: In person

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Job Overview

Job type
Full-time
Work mode
On-site
Location
Bengaluru
Posted
17h ago
Source
Indeed