Sr.manager MIS - Shared Services

ICICI Prudential Life Insurance

Mumbai

On-site

INR 1,400,000 - 2,300,000

Full time

2 days ago
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Job summary

ICICI Prudential Life Insurance in Mumbai requires a payroll professional to govern external payroll providers, map interfaces, and drive end-to-end payroll and final settlements with strict SLA adherence.

The role involves liaison with internal and external stakeholders, SOP standardization, and driving automation while ensuring compliance with PF/ESIC/PT/LWF and tax processes. A strong accounting and HR background is essential.

Qualifications

  • Graduates with HR or Finance background; Postgraduate preferred.
  • Good knowledge of financial operations and accounting concepts.
  • Strong analytical and organizational skills; able to handle change.

Responsibilities

  • Oversee end-to-end payroll processing and F&F settlements.
  • Coordinate with internal HR and external vendors to ensure timely payroll and accuracy.
  • Support audits related to payroll and F&F; maintain strict documentation.

Skills

Financial accounting
Analytical mindset
Adaptability
Organization

Education

Graduate/Postgraduate in HR or Finance

Tools

MS Office
SAP

Job description

Role Purpose

Payroll processing and full & final settlement

Key Accountability
  • Governance of external payroll service providers,ensuring 100% adherence to contractual SLAs.
  • Map and boundary-test interface integrations between PeopleSoft HRMS and vendorcalculation engines.
  • Standardizestandard operating procedures (SOPs) split between in-house execution andvendor tasks.
  • Overseefull and final (F&F) settlements, managing severances, gratuity, and noticebuyouts.
  • Liaisewith all internal & external stakeholders in preparing month-on-monthpayroll for the company, hence ensuring timely & accurate salarydisbursements to all working employees.
  • Design,launch, and manage the internal payroll ticketing helpdesk system.
  • Setand enforce strict Key Performance Indicators (KPIs) for query turnaround time(TAT).
  • Serveas the final tier-3 escalation point for sensitive, high-impact executive queryresolution.
  • Driveproactive employee education campaigns regarding tax planning, regimes, andyear-end submissions.
  • Commandtotal compliance across Provident Fund (PF), ESIC, Professional Tax (PT), andLWF.
  • Directmonthly TDS deductions, quarterly Form 24Q submissions, and annual Form 16configurations.
  • Representthe organization as the primary subject matter expert during regulatorygovernment audits.
Payroll Team’s Responsibilities
  • Coordinatewith the Corporate HR team on employee data changes and benefits as recorded inthe HR Information system from time to time.
  • Liaisebetween internal payroll systems, external payroll vendors & employees toprovide full support in resolving all important queries on time
  • Supportall audits on payroll/F&F related matters.
  • Documentall processes stringently & deliberately, setting a high bar for Payrolland F&F operations management & efficient knowledge transfer to newrecruits if any.
  • Managethe payroll process end to end, often reporting to the Finance & ensuringall data requests are met with, as also any ad-hoc reports upon businessrequirements.
  • Driveautomation projects, identify area of improvement and make amendments to ensureseamless process flow
Educational Qualification

Any Graduate / Postgraduate (Preferred major in Human Resources and Minor inFinance)

Knowledge of Income tax and Labour law would be anadditional advantage

Knowledge
  • MS Office (Word,Excel, PowerPoint, Access)
  • SAP Modules
  • Labour laws, Incometax rules and GST knowledge
  • Data MIS management
Skills
  • Goodknowledge of financial operational & accounting knowledge
  • Shouldhave a logical and analytical bent of mind.
  • Flexibilityin terms of working profiles and roles
  • Abilityto learn a new domain quickly & open to change
  • shouldbe organized and have a systematic approach for on-time closures
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