Payroll

About Company:

A global maritime services organization specializing in ship management, crewing, new-building supervision, marine technology, and insurance solutions. The company manages a large fleet of vessels worldwide and supports ship owners with end-to-end operational, technical, and compliance services. It employs thousands of seafarers and shore-based professionals across multiple international locations, ensuring safe, efficient, and sustainable vessel operations.

An Ideal Candidate:

This role is responsible for overseeing and managing the organization's payroll processes across India, ensuring accurate and timely payroll processing, and maintaining compliance with relevant Indian labor laws and tax regulations. This role involves liaising and guiding an external payroll partner, collaborating with various departments, and providing exceptional service to employees regarding payroll-related inquiries while adhering to Indian payroll practices.

Key Competencies:

• Manage and oversee end-to-end payroll processes for all offices across India, including data input, calculations, deductions, and payments, to ensure accurate and timely payroll processing in compliance with Indian labor laws and tax regulations.
• Ensure efficient payroll operations and high-quality service delivery through the designated external payroll partner.
• Develop and maintain payroll policies, procedures, and documentation specific to Indian payroll practices, ensuring compliance with Indian labor laws, tax regulations, and statutory requirements.
• Stay updated on changes in Indian payroll legislation, labor laws, tax regulations, and industry best practices, and implement necessary revisions to ensure compliance.
• Collaborate with HR, finance, and other departments to ensure accurate and timely processing of employee data, benefits, and deductions specific to payroll requirement.
• Address and resolve employee inquiries and concerns related to payroll, taxes, and benefits in a timely and professional manner, while considering payroll practices and statutory requirements.
• Prepare, review, and reconcile payroll reports, tax filings, and other related documents specific to payroll processes, ensuring accuracy and adherence to established guidelines.
• Prepare and analyze payroll-related reports, metrics, and data for management, HR, finance, and statutory reporting requirements.
• Conduct periodic audits of payroll records and systems in compliance with Indian labor laws and tax regulations to identify and resolve discrepancies or errors.
• Maintain confidentiality of employee records and sensitive payroll information in accordance with Indian data protection and privacy regulations.
• Identifies and recommends updates to payroll processing software, systems, and procedures