Job Title – AGM Payroll

Location – Hyderabad 

Qualification – MBA with 12 plus years of experience

ERP Exposure – SAP Success Factors and HCM a must

Job Purpose-

Our Client is seeking a highly skilled Payroll Professional to take charge of their payroll functions. Your primary responsibility will be to ensure accurate and timely payment of payroll expenses and taxes. Supervising their dedicated payroll team and collaborating with professionals from various departments will be key aspects of your role.

They are looking for an individual who is analytical, methodical, and experienced in payroll administration. A deep understanding of payroll regulations is crucial. Additionally, they value qualities such as integrity, team spirit, and strong organizational skills.

Your ultimate goal will be to maintain compliance, streamline payroll procedures for efficiency, and stay updated with current regulations and best practices.

As their Payroll Professional, you will play a vital role in safeguarding the financial well-being of our organization and ensuring our employees are paid accurately and on time.

Key Responsibilities-

Payroll:-

• Partner with Human Resources in working with HRMS/HRIS, managing the full life-cycle implementation of the payroll, time and attendance systems and to ensure employee records are current and accurate.
• Partner with Accounting and Treasury to verify that all payroll payments are properly recorded in the General Ledger, that all payroll-related accounts are reconciled properly, and that all payments are reflected accurately on each employee’s record.
• Seen as a subject matter expert on all labor and workload-related issues.
• Coordinate and manage entire payroll function.
• Develop, lead and mentor a large payroll team that is customer service centric to our employees and business partners.
• Enforce established payroll related policies and regulations.
• Create and implement training for team members on use of payroll system.
• Negotiates Service Level Agreements (SLAs) with internal and external stakeholders, establishes customer and service-center performance requirements.
• Critically review and analyze current practices and identify process improvements leading to best-practice operations.
• Lead process improvement events and activities to ensure policy & processes are harmonized, automated and efficiently being executed on a regular basis.
• Ensure the proper controls and procedures are in place, documented and followed working with internal audit in testing the effectiveness of the controls.
• Partner with customers, vendors and other technical expertise to ensure payroll systems and solutions meet the company’s needs and strategic goals.
• Act as project manager for various strategic initiatives to continually improve, harmonize and centralize payroll setup and activities.
• Communicate actively with department heads, HR and Finance to ensure proper compliance with internal and external policies and coding from a budgetary perspective.
• Manage regular preparation of relevant reports, including weekly, monthly, quarterly and year-end reports periodic reports of earnings, taxes, and deductions.
• Partner with Analytics Manager who supports Desktop Payroll to run various analyses and determine what type of reports to run to provide insights into what’s going on with the business.
• Manage and ensure the weekly, biweekly & monthly disbursement of multi-state payroll of 7k+ employees for multiple Sectors across PAN India.
• Certify systems are established to optimize workflow, meet the needs of the payroll rules as dictated by internal policies and collective bargaining agreement, maximize technical efficiencies, and secure data.
• Demonstrate technical expertise on the automated systems and processes in designated areas of responsibility.
• Manage the governance, functional, and operational aspects and processes associated with an integrated payroll system.
• Strategy and Roadmap – Work closely with the Payroll Solution Architecture team to partner on strategic opportunities and enabling technologies.
• Lead and facilitate the integration of the payroll system ensuring it meets business requirements help to expeditiously resolve system issues.
• Lead the integration of any newly acquired/added companies into the payroll system.

Policy and Process:-

Monitor the input calendar and ensure necessary controls are implemented

Process Improvement:

• Identify gaps in current processes and ensure implementation of robust processes for operational Excellence and 100% Audit compliance.
• Develop SOPs/Process Maps/Process Guides for the existing activities under the purview of Payroll department.

Team Management & Development:

• Set clear goals and expectations from the team and standardize benchmarks for performance review.
• Ensure periodic review of team members and give objective performance feedback.
• Ensure 100% training of team members on all Payroll process, SAP and Successfactors related matters.
• Mentor the team members to add value to their day-to-day work.
• Implement Employee Engagement Action points as planned to enhance engagement levels and reduce attrition.

Stakeholder Management:

• Engage with key stakeholders of all business to understand the Payroll needs and address issues as and when required.
• Educate stakeholders in case of inaccurate/ process non-compliance.
• Engage with BHR/CHROs for payroll issues, review and have action plans for early closure

Audits & Governance:

• Liaise with auditors and manage payroll tax audits
• Provide timely & accurate inputs to Auditors to facilitate payroll audits and other audits as mandated by the management.
• Develop and implement processes and systems to address governance matters

Self -Development

New skill sets added, benchmarking, Industry best practices etc.