Payroll Manager
VIP Industries Limited
5 - 10 years
Mumbai
Posted: 03/07/2026
Job Description
Assistant Manager Payroll
Experience: 812 Years
Location: Prabhadevi
Department: Payroll (Account Finance)
Key Responsibilities
- Manage and oversee end-to-end payroll processing using SAP, ensuring accuracy and timely salary disbursement.
- Handle complete payroll operations, including payroll inputs, validations, reconciliations, and statutory compliance.
- Manage Full & Final (F&F) settlements for exiting employees within defined timelines.
- Ensure timely preparation and issuance of Form 16 and other payroll-related reports.
- Perform General Ledger (GL) reconciliations and clearing activities related to payroll accounting.
- Coordinate and manage actuarial valuation activities for employee benefit obligations.
- Oversee administration and compliance of Provident Fund (PF), Gratuity Trust, and other employee benefit schemes.
- Ensure compliance with applicable labor laws, tax regulations, and statutory requirements.
- Support and coordinate internal audits, statutory audits, and compliance reviews related to payroll and employee benefits.
- Address and resolve employee payroll queries, concerns, and escalations effectively.
- Prepare payroll MIS reports, management dashboards, and analytical reports.
- Liaise with finance, HR, auditors, consultants, and statutory authorities for payroll-related matters.
- Identify process improvement opportunities and implement payroll best practices and controls.
Required Skills & Qualifications
- Bachelor's degree in commerce, Finance, Human Resources, or a related field.
- 812 years of relevant experience in payroll management.
- Strong hands-on experience with SAP Payroll.
- Thorough knowledge of end-to-end payroll processing and payroll accounting.
- Strong understanding of PF, Gratuity, Income Tax, Form 16, F&F settlements, and statutory compliances.
- Experience in GL reconciliation, payroll audits, and actuarial valuation processes.
- Excellent analytical, problem-solving, and stakeholder management skills.
- Strong communication skills with the ability to handle employee queries and escalations.
Preferred Competencies
- High attention to detail and accuracy.
- Ability to manage multiple priorities and meet strict deadlines.
- Strong interpersonal and team management skills.
- Process-oriented mindset with a focus on compliance and governance.
Services you might be interested in
We Search & Apply Jobs for You!
Our team scans through 1000s of opportunities and applies to roles best suited to your profile
Save 100+ hours and focus on what matters - cracking interviews and landing offers.
