Assistant Manager-Payroll Finance

Lenskart; Gurugram District, Delhi; On-site; INR 1,200,000 - 2,200,000; Full time

Job summary

Lenskart in Gurugram, India, seeks an Assistant Manager Payroll Finance to oversee end-to-end payroll accounting, GL reconciliation, JV preparation, and monthly payroll cost analysis, ensuring accuracy and timely month-end closing.

The role requires strong knowledge of payroll statutory compliance, ERP (D365), and advanced Excel; Power BI is a plus. Collaboration with HR and vendors is essential to maintain data accuracy and drive improvements.

Qualifications

• Bachelors or MBA in finance; CA/CMA Inter preferred.
• 5-6 years in payroll finance, GL reconciliation, and month-end close.
• Strong knowledge of payroll statutory compliance (PF, ESI, PT, LWF, TDS).
• Hands-on experience with ERP (D365) and payroll systems.
• Advanced Excel; Power BI/Power Query is a plus.
• Strong analytical skills, attention to detail, and ability to manage month-end deadlines.

Responsibilities

• Reconcile monthly payroll GL accounts (salary payable, PF/ESI/PT/TDS, bonus accruals, F&F settlements) and resolve mismatches with HR/payroll teams.
• Prepare and post monthly payroll JVs with accurate cost-center/entity-wise allocation within closing timelines.
• Validate statutory deductions, reimbursements, and variable pay components before posting.
• Analyze monthly payroll costs, prepare actual vs. budget variance, and generate cost MIS for management.
• Support budgeting/forecasting cycles with payroll cost inputs and fixed/variable cost breakups.
• Ensure statutory compliance (PF, ESI, PT, LWF, TDS) across payroll accounting.
• Support internal, statutory, and SOX audits with reconciliations and JV backups.
• Coordinate with HR, payroll vendors, and business finance teams on data accuracy and reporting.
• Drive process improvements and automation in reconciliation and JV workflows.

Skills

Payroll GL

Month-end close

Payroll compliance

D365 ERP

Excel advanced

Power BI

Education

B.Com/M.Com/MBA (Finance)

CA/CMA Inter (preferred)

Tools

D365 ERP

Job description

Job Summary

We are looking for an Assistant Manager Payroll Finance to manage end-to-end payroll accounting GL reconciliation, payroll JV preparation, and monthly payroll cost analysis ensuring accuracy, compliance, and timely month-end closing.

Role & responsibilities

• Reconcile monthly payroll GL accounts (salary payable, PF/ESI/PT/TDS, bonus accruals, F&F settlements) and resolve mismatches with HR/payroll teams.
• Prepare and post monthly payroll JVs with accurate cost-center/entity-wise allocation within closing timelines.
• Validate statutory deductions, reimbursements, and variable pay components before posting.
• Analyze monthly payroll costs, prepare actual vs. budget variance, and generate cost MIS for management.
• Support budgeting/forecasting cycles with payroll cost inputs and fixed/variable cost breakups.
• Ensure statutory compliance (PF, ESI, PT, LWF, TDS) across payroll accounting.
• Support internal, statutory, and SOX audits with reconciliations and JV backups.
• Coordinate with HR, payroll vendors, and business finance teams on data accuracy and reporting.
• Drive process improvements and automation in reconciliation and JV workflows.

Required Skills & Qualifications

• B.Com/M.Com/MBA (Finance); CA/CMA Inter preferred
• 56 years in payroll finance, GL reconciliation, and month-end close
• Strong knowledge of payroll statutory compliance (PF, ESI, PT, LWF, TDS)
• Hands-on experience with ERP (D365) and payroll systems
• Advanced Excel; Power BI/Power Query is a plus
• Strong analytical skills, attention to detail, and ability to manage month-end deadlines