Manager - Payroll, Comp & Ben
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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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Browse all jobsJob Overview
- Job type
- Full-time
- Work mode
- On-site
- Location
- Bengaluru
- Posted
- 17h ago
- Source
- Indeed