Specialist - Payroll

PhonePe; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Benefits offered by this job

Medical Insurance

Wellness Program

Maternity Benefit

Travel Policy

Flexible PF Contribution

Higher Education Assistance

Job summary

PhonePe in Bengaluru is looking for a proactive and detail-oriented Payroll Specialist to join our HR team. You will manage end-to-end payroll processing for over 30,000 sales employees and ensure compliance with local regulations.

The ideal candidate will have a Master's degree, 3-5 years of payroll experience, and strong understanding of Indian payroll laws. Benefits include medical insurance, parental support, and retirement plans.

Qualifications

• 3–5 years of experience in end-to-end payroll processing and payroll compliances.
• Strong understanding of Indian payroll laws and statutory deductions.
• Exposure to piece-rate payroll is a plus.

Responsibilities

• Manage end-to-end payroll processing for the salesforce.
• Ensure compliance with statutory deductions and remittances.
• Coordinate with PhonePe internal teams for timely releases and payments.

Skills

Strong analytical skills

Attention to detail

Process orientation

Proficiency in MS Excel

Excellent stakeholder communication

Education

Master’s degree in HR, Commerce, Business Administration, or a related field

Job description

Job Description:

Role Objective

Seeking a proactive and detail-oriented professional payroll specialist to join our HR team in Bangalore. The role will report into the Lead – Payroll and Benefits Administration and will be responsible for managing the end-to-end payroll processing for over 30,000 salesforce, ensuring a seamless employee experience.

Key Responsibilities

• Payroll Administration
• Manage end-to-end payroll processing for the salesforce to ensure accurate and timely payment of salaries in compliance with local regulations and company policies.
• Review and update salary structure components as per the change requirements.
• Collaborate with internal and external stakeholders to collate and process payroll inputs.
• Validate various payouts and support bank transfer process.
• Oversee the Payroll Portal for timely publishing of payslips, related documents, TDS sheets, Form 16, and loan deduction slips.
• Manage investment declaration and proof collection processes.
• Coordinate with the payroll partner and payroll audit partner for timely deliverables and completion of various payroll deliverables and reports.
• Prepare and upload payroll-related employee letters as required.
• Resolve payroll-related tickets from employees ensuring timely resolution.
• Investigate and resolve payroll discrepancies and reconcile payables vs receivables.
• Take care of other related processes like salary advance, data for actuarial valuation of liabilities, etc.
• Payroll and Audit Compliance
• Ensure adherence to statutory deductions and remittances; coordinate with Finance for fund disbursement and challan payments.
• Monitor compliance deadlines for filings and returns; liaise with internal or external teams as required.
• Maintain up-to-date knowledge of payroll and taxation laws and regulations.
• Ensure complete documentation and audit trails for audit readiness.
• Support audits and inspections from statutory authorities; prepare evidence related to audit queries, tax notices and related issues as required.
• Vendor Coordination
• Ensure timely deliveries of various outputs and reports from vendor partners as per agreed timelines.
• Track vendor SLA adherence and elevate any delays or inaccuracies.
• Coordinate with PhonePe internal teams for timely release of PR/PO and payout of Vendor Invoices.
• Process Documentation, Process Improvement and Reporting
• Develop and update SOPs, checklists, trackers, dashboards, etc. for payroll processes and related compliances.
• Identify opportunities for workflow automation, accuracy improvements, and turnaround time reduction.
• Collaborate with cross-functional teams to align and reconcile payroll records with other HR, finance, and compliance processes.
• Support the HR team members with other HR-related activities.

Capabilities & Requirements

• Master’s degree in HR, Commerce, Business Administration, or a related field.
• 3–5 years of experience in end-to-end payroll processing and payroll compliances.
• Strong understanding of Indian payroll laws and statutory deductions; exposure to piece‑rate payroll is a plus.
• Strong analytical skills, attention to detail, and process orientation; proficiency in MS Excel.
• Excellent stakeholder communication and coordination skills.

PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles)

• Insurance Benefits – Medical Insurance, Critical Illness Insurance, Accidental Insurance, Life Insurance
• Wellness Program – Employee Assistance Program, Onsite Medical Center, Emergency Support System
• Parental Support – Maternity Benefit, Paternity Benefit Program, Adoption Assistance Program, Day‑care Support Program
• Mobility Benefits – Relocation benefits, Transfer Support Policy, Travel Policy
• Retirement Benefits – Employee PF Contribution, Flexible PF Contribution, Gratuity, NPS, Leave Encashment
• Other Benefits – Higher Education Assistance, Car Lease, Salary Advance Policy

PhonePe is an equal opportunity employer and is committed to treating all its employees and job applicants equally, regardless of gender, sexual preference, religion, race, color or disability. If you have a disability or special need that requires assistance or reasonable accommodation during the application and hiring process, please fill out this form.