
Payroll Manager
S&P Global
full-time
Posted on:
Location Type: Office
Location: Hyderabad • India
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About the role
- Own end‑to‑end payroll delivery for assigned India legal entities, including:
- Monthly payroll processing
- Bonuses, incentives, and off‑cycle payments
- Arrears, recoveries, and employee final settlements
- Ensure two‑day turnaround for employee final settlements, consistently meeting defined service expectations.
- Perform payroll validation and sign‑off activities, including variance analysis, exception review, and issue resolution.
- Ensure adherence to defined cut‑offs, approval matrices, SLAs, and quality standards.
- Operate effectively within a globally integrated payroll ecosystem, working across:
- Workday HCM / Payroll
- External payroll vendor platforms
- Upstream and downstream HR, Finance, and Tax integrations
- Ensure data accuracy, controlled hand‑offs, and process discipline across tightly integrated systems.
- Maintain alignment with global payroll governance, controls, and operating standards.
- Ensure full compliance with Indian statutory requirements, including:
- Income Tax Act – salary TDS, projections, year‑end true‑ups, Quarterly withholding tax return, Form 16, Form 24Q
- Provident Fund (EPFO) – UAN lifecycle, ECR filings, exits, and contributions
- ESIC, Professional Tax, Labour Welfare Fund, Statutory Bonus return and state‑specific regulations
- Maintain strong awareness of regulatory changes, including annual Finance Acts and evolving Labour Code implications.
- Support annual payroll tax cycles, reconciliations, and statutory reporting.
- Act as an operational point of contact for statutory notices, audits, and inspections, coordinating with internal stakeholders and external advisors.
- Hold primary accountability for assigned legal entities while supporting colleagues on a need basis during peak periods, absences, or complex cases.
- Demonstrate strong team orientation and ownership mindset, contributing to collective outcomes rather than siloed delivery.
- Quickly adopt and model S&P Global’s culture, payroll governance principles, and team norms.
- Apply a strong risk and controls mindset to identify payroll risks, recurring issues, and control gaps.
- Support internal and external audits through accurate, timely, and audit‑ready documentation.
- Contribute to strengthening payroll controls, documentation standards, and process resilience.
- Actively influence and guide team members and collaborate with peers to drive payroll simplification, automation, and standardisation.
- Leverage analytics, reporting, Power BI, and advanced Excel to improve payroll visibility, efficiency, and decision‑making.
- Support adoption of new‑age and AI‑enabled tools to reduce manual dependency and improve turnaround times.
- Champion a continuous improvement mindset aligned to S&P Global’s global payroll strategy and transformation agenda.
Requirements
- Required Bachelor’s or Master’s degree in HR, Finance, Accounting, or a related discipline.
- 8–12 years of progressive India payroll experience, with strong hands‑on operational ownership.
- Deep working knowledge of Indian payroll laws and statutory compliance.
- Experience working in a global payroll or shared services environment with integrated systems.
- Strong proficiency in Excel and payroll reporting.
- Preferred Experience with Workday HCM / Payroll or similar HRIS platforms.
- Exposure to statutory audits, tax assessments, and compliance reviews.
- Working knowledge of new Labour Codes and payroll impact.
- Exposure to Power BI, analytics, automation, or AI‑based solutions.
Benefits
- Health & Wellness: Health care coverage designed for the mind and body.
- Flexible Downtime: Generous time off helps keep you energized for your time on.
- Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
- Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
- Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
- Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
payroll processingvariance analysisexception reviewissue resolutiondata accuracypayroll tax cyclesstatutory reportingpayroll complianceanalyticsreporting
Soft Skills
team orientationownership mindsetcollaborationinfluencecontinuous improvementrisk and controls mindsetstrong communicationoperational accountabilityproblem-solvingadaptability