Payroll Lead

Job Description

AVP, Payroll Lead

• Ensure Timely and Accurate Payroll Processing
  

Oversee the end-to-end payroll process of employees, ensuring timely and error-free disbursement of salaries, benefits, and other payments in line with published payroll calendars and Function KPIs. Lead the execution of regular and off-cycle payroll runs, including final settlements.

• Payroll Compliance and Regulatory Adherence
  

Ensure payroll operations comply with all relevant local, regional, and international laws, tax regulations, and internal policies. Maintain up-to-date knowledge of statutory requirements and proactively implement changes to payroll processes as needed. Prepare and submit statutory reports to government bodies (e.g., Pension Funds, Social Security, Tax Authorities) and ensure timely remittance of statutory deductions.

• Payroll Data Analysis and Reporting
  

Analyze payroll data to identify trends, discrepancies, and opportunities for process improvement. Prepare and deliver standard and ad-hoc payroll reports, monthly dashboard and analytics to HR leadership, Finance, and regulatory bodies. Provide data-driven insights to support decision-making and continuous improvement initiatives.

• Payroll Reconciliation and Verification
  

Perform detailed payroll reconciliations (Gross to Net and Net to Net) to ensure accuracy between payroll records, bank statements, and accounting ledgers. Investigate and resolve discrepancies, ensuring corrective actions are implemented promptly. Perform pre and post Payroll verifications includes inputs and outputs, including validation of salary changes, allowances, deductions, and adjustments.

• System Enhancements and Process Improvement
  

Liaise with the IT Support team and HR Systems team to drive process automation and system enhancement initiatives including gathering business requirements, conducting system testing, and support data migration activities. Review and maintain Payroll Standard Operating Procedures (SOPs), process maps, and related documentation to ensure alignment with best practices and compliance with regulatory requirements. Support continuous improvement initiatives aimed at enhancing payroll accuracy, operational efficiency, and employee satisfaction.

• Audit and Internal Controls
  

Ensure payroll processes are compliant with internal and external audit requirements. Support payroll audits by providing required data, documentation, and explanations to auditors. Implement and monitor internal controls to mitigate risks and ensure data integrity.

• Stakeholder Management and Support
  

Act as the primary point of contact for complex payroll queries from employees, HRBPs, Finance, and business stakeholders. Provide Tier 2 support for escalated payroll issues, ensuring resolution within agreed SLAs. Collaborate with cross-functional teams to address payroll-related matters and support business objectives.

• Team Development
  

Support the growth and development of payroll team members by providing coaching, guidance, and recognition. Foster a collaborative environment that encourages learning and continuous improvement.