Manager - Payroll Shared Services Company : Safran Job field : Human Resources Location : Hyderabad , Delhi , India Contract type : Permanent Contract duration : Full-time Required degree : Master Degree Required experience : More than 8 years Professional status : Employees / Staff Spoken language(s) : English Fluent \# 2025-158165 Apply with one click Any questions ? **Job Description** The India Payroll Manager is responsible for managing payroll operations across the country, ensuring compliance with local labor laws, tax regulations, and corporate policies. The role involves overseeing payroll processing, maintaining payroll records, managing vendor relationships, and resolving payroll discrepancies. The manager will also play a key role in auditing, reporting, and continuously improving payroll processes to enhance efficiency and accuracy.. Key Responsibilities: 1. Payroll Management: o Oversee and manage the end-to-end payroll processing for all employees in India. o Ensure timely and accurate calculation of employee salaries, wages, bonuses, and deductions. o Manage monthly payroll runs, off-cycle payments, and year-end processes, including issuing Form 16. 2. Compliance and Regulations: o Ensure payroll complies with statutory requirements including Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT), Income Tax (TDS), and Labor Welfare Fund (LWF). o Stay updated on changes in labor laws, tax laws, and government policies related to payroll. o Ensure timely filing of statutory reports and payments to relevant government authorities. 3. Employee Records: o Maintain accurate employee payroll records, including new hires, terminations, promotions, and salary changes. o Oversee the processing of employee benefits, leave encashment, gratuity, etc. o Collaborate with the HR department to ensure seamless employee onboarding and exit formalities in relation to payroll. 4. Vendor Management: o Manage relationships with payroll software vendors and other third-party providers (e.g., tax consultants, EPF trustees). o Ensure the payroll system is functioning efficiently and resolve any system-related issues. 5. Auditing and Reporting: o Conduct regular payroll audits to ensure accuracy and compliance. o Prepare and provide payroll-related reports and metrics to senior management (e.g., cost reports, variance analysis, etc.). o Assist internal and external auditors during payroll audits. 6. Process Improvement: o Continuously review and improve payroll processes to enhance efficiency, accuracy, and employee experience. o Implement automation and streamline workflows where possible. 7. Team Leadership: o Lead and mentor a team of payroll specialists, providing guidance and support. o Ensure the payroll team meets deadlines and maintains high levels of accuracy and service quality. 8. Employee Query Management: o Address payroll-related queries from employees and resolve discrepancies in a timely manner. o Provide guidance to employees regarding salary calculations, deductions, and statutory compliance. **Job Requirements** Master or Bachelor's degree in Human Resource / Finance / MBA or CA (inter) or equivalent **Company Information** Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 100,000 employees and sales of 27.3 billion euros in 2024, and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran is in the 2nd place in the aerospace and defense industry in TIME magazine's "World's best companies 2024" ranking. To view this content please accept Functional cookies. Safran is an Equal Opportunity Employer All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.