Job Summary:
SBS Global, incorporated in 2006 and headquartered in Bangalore, India, is an ISO 9001:2015 and 27001:2022 certified company offering a comprehensive range of Financial Services and HR Solutions for organizations across the globe. We specialize in Financial Accounting and Advisory for India-based entities, US and EMEA Tax & Accounting, Virtual CFO, Outsourced Compliance, and Company Secretarial services for organizations across diverse sectors.
We are looking for a highly skilled and detail-oriented Senior Lead to oversee and manage payroll operations across multiple entities while ensuring end-to-end statutory compliance. This role requires a proven ability to manage payroll teams, streamline processes, liaise with stakeholders, and maintain the highest standards of accuracy and confidentiality. The ideal candidate should have hands-on expertise with payroll software such as GreytHR or Zoho Payroll and strong knowledge of Indian payroll and labor laws.
Key Responsibilities:
Payroll Management & Leadership:
- Lead and manage end-to-end payroll processing for multiple entities, ensuring timeliness, accuracy, and compliance.
- Supervise payroll executives/associates and provide guidance, training, and performance feedback.
- Validate employee data, attendance, variable components, and reconciliations prior to payroll disbursement.
- Ensure robust controls are in place for error-free payroll processing.
Compliance & Governance:
- Ensure compliance with statutory requirements such as PF, ESI, PT, Income Tax, LWF, Gratuity, and other applicable laws.
- Oversee preparation, accuracy, and filing of monthly, quarterly, and annual statutory returns.
- Ensure timely issuance of Form 130 and other statutory documents.
- Stay updated with amendments in tax and labor regulations and ensure company policies are aligned.
Audit, Reporting & Reconciliation:
- Conduct periodic payroll audits to ensure accuracy and compliance.
- Prepare payroll MIS reports, dashboards, and analytics for management.
- Reconcile payroll accounts with Finance and statutory deductions.
- Support internal and external audits by providing necessary records and explanations.
Employee Experience & Stakeholder Management:
- Act as an escalation point for employee payroll and tax-related queries.
- Collaborate with HR, Finance, and external vendors to resolve payroll discrepancies.
- Ensure clear communication of payroll policies, tax benefits, and statutory guidelines to employees.
Process Improvements & Automation:
- Evaluate, recommend, and implement process improvements to enhance payroll efficiency and accuracy.
- Drive automation and adoption of digital payroll solutions (GreytHR, Zoho Payroll, or equivalent).
- Document and update payroll SOPs and process flows for standardization.
Candidate Requirements:
- Bachelor’s degree in HR, Finance, Accounting, or a related field (preferred).
- 7 – 10 years of payroll management experience, with at least 4 years in a supervisory/lead role.
- Proficiency in payroll software (GreytHR, Zoho Payroll, or similar) and strong MS Excel skills.
- In-depth knowledge of Indian payroll laws, tax regulations, and statutory requirements.
- Demonstrated ability to manage payroll for medium to large organizations.
- Strong leadership, analytical, and problem-solving skills.
- High attention to detail, confidentiality, and data integrity.
- Excellent communication and stakeholder management skills.
- Ability to handle multiple priorities and deliver within strict deadlines.