Payroll Manager

Confidential

Bengaluru

Hybrid

INR 1,000,000 - 1,500,000

Full time

14 days+

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Job summary

A reputable financial product company is seeking an experienced Payroll Manager based in Bengaluru, Karnataka. The successful candidate will lead payroll processing across multiple countries, ensuring adherence to statutory compliance and accurate accounting practices. They will work closely with internal teams and external providers to enhance payroll systems. The position demands a bachelor's degree in a relevant field and 7–10 years of proven experience managing multi-country payrolls. This is a full-time role with hybrid work arrangements.

Qualifications

7–10 years of progressive experience in payroll operations and accounting.
Experience managing multi-country payrolls, ideally in APAC and EMEA.
Strong understanding of payroll tax and compliance requirements.

Responsibilities

Prepare and process monthly payrolls for multiple countries.
Ensure compliance with local pay-related laws and regulations.
Reconcile payroll-related general ledger accounts for accuracy.

Skills

Payroll operations

Statutory compliance

Accounting

Data analysis

Communication

Education

Bachelor’s degree in Accounting, Finance, or related field

Professional accounting qualification or payroll certification

Tools

ERP systems

Excel

Job description

We represent a highly reputable and globally recognized financial product company. With a strong focus on online trading and investment solutions, our organization has built a solid reputation in the industry.

We specialize in providing a wide range of trading instruments to our diverse clients, including foreign exchange (Forex) currency pairs, commodities, indices, cryptocurrencies, and more. Our advanced trading platforms empower traders worldwide to access the global financial markets and execute their trading strategies effectively.

Our company operates globally, catering to clients from various regions and jurisdictions. We adhere to regulatory frameworks in each country where we operate, ensuring compliance and offering a secure trading environment for our clients. We prioritise client protection and maintain strict confidentiality in all our dealings.

Position Purpose

We are searching for a highly skilled Payroll Manager who will be responsible for the accurate, timely, and compliant processing of multi-country payrolls across the Group. The role will also own payroll-related accounting, statutory reporting, reconciliations, and continuous improvement of payroll processes and systems. This position will work closely with external payroll providers, internal Finance, HR, and auditors to ensure payroll integrity and compliance across jurisdictions.

Key Responsibilities:

Payroll Operations

Prepare and process monthly payrolls for India, UK, Cyprus, including new starters, leavers, salary changes, adjustments, bonuses, and one‑off payments.
Support payroll review for Malaysia and the Philippines (managed by outsource providers)
Provide back‑up payroll support for Australia, Singapore, Vanuatu and Dubai as required (when the Payroll Manager overseas these countries is on leave).
Act as the primary point of contact for group payroll service providers, ensuring service quality, issue resolution, and timely delivery.

Statutory Compliance & Reporting

Prepare, submit, and arrange payment of all payroll‑related statutory filings and taxes, ensuring compliance with local laws and regulations in each jurisdiction.
Monitor changes in payroll legislation and assess impacts on payroll processes and compliance.

Payroll Accounting & Controls

Prepare and post monthly payroll journal entries in the financial systems.
Reconcile and substantiate all payroll‑related general ledger accounts, ensuring accuracy and completeness.
Support month‑end close activities related to payroll in collaboration with the Financial Control team.

Process Improvement & Systems

Review, maintain, and continuously improve payroll processes, controls, and documentation.
Assist with the implementation and rollout of new global payroll and/or leave management systems, including testing, data validation, and process alignment.

Audit & Stakeholder Support

Collect, prepare, and analyze payroll‑related data and documentation for external audits.
Manage and respond to payroll‑related ad‑hoc requests from internal stakeholders, including HR and Finance.
Draft, maintain, and periodically review payroll‑related policies, including:
Leave Policy
Employment Benefits Policy
Ensure policies are aligned with local regulations and group standards.
Assist the Financial Control team with reporting requirements, including month‑end and ad‑hoc analyses.
Provide broader finance support on an as‑needed basis.

Candidate Profile / Background Requirements

Education & Qualifications

Bachelor’s degree in Accounting, Finance, Commerce, or a related field.
Professional accounting qualification or payroll certification is preferred but not mandatory

Experience

7–10 years of progressive experience in payroll operations and payroll accounting.
Proven experience managing multi‑country payrolls, ideally across APAC and EMEA regions.
Strong hands‑on experience with payroll accounting, journal entries, and balance sheet reconciliations.
Experience working with external payroll providers and managing service delivery.
Prior involvement in system implementations or payroll process transformations is a strong plus.

Technical Skills

Solid understanding of payroll tax, statutory reporting, and compliance requirements.
Experience with ERP systems.
Strong proficiency in Excel and data analysis.
Ability to interpret payroll data and translate it into accurate accounting entries.
High level of accuracy, attention to detail, and ownership.
Strong organizational and time‑management skills, with the ability to manage multiple payrolls and deadlines.
Clear and confident communicator, able to work across geographies and cultures.
Proactive, solution‑oriented mindset with a continuous improvement approach.
Comfortable working in a fast‑paced, dynamic environment.