Lead - Payroll & Benefits Administration

Responsibilities

• Lead the end-to-end strategy and execution of payroll operations, ensuring timely and accurate salary disbursements for over 30,000 employees.
• Manage external payroll partners and establish robust governance mechanisms to ensure adherence to service levels and internal checks.
• Ensure full regulatory compliance with Indian payroll processes, tax laws, and statutory dues.
• Oversee statutory and tax audits by providing necessary evidence and maintaining organized documentation.
• Manage the team to ensure accurate payroll validation, salary advances, and high-volume exit management (Full & Final settlements).
• Administer employee benefits and retirals, including Provident Fund, NPS, Gratuity, and insurance.
• Drive process improvements and standardization by establishing SOPs and enhancing system efficiencies.
• Oversee year-end activities, including tax proof submissions and Form-16 generation.

Requirements

• Master's degree in Human Resources, Labour Laws, or a related field.
• 7 to 8 years of experience in payroll and benefits management.
• 2 to 3 years of experience in a managerial role within a large organization.
• Thorough understanding of Indian payroll processes, tax laws, and compliance regulations.
• Proven experience handling statutory and tax audits.
• High level of proficiency in MS Excel.
• Strong analytical and problem-solving skills with high attention to detail.

Preferred Qualifications

• Experience managing payroll for multiple legal entities.
• Knowledge of US payroll processes.
• Experience managing payroll for high-churn workforces.

Benefits

• Comprehensive insurance coverage including Medical, Critical Illness, Accidental, and Life Insurance.
• Wellness programs and onsite medical support.
• Parental support including maternity, paternity, and adoption assistance.
• Retirement benefits such as PF, NPS, and Gratuity.
• Additional perks including car lease, higher education assistance, and salary advance policies.

About the Company

PhonePe is a leading digital payments company in India. With over 600 million registered users, the platform processes hundreds of millions of transactions daily. PhonePe's ecosystem extends beyond payments into insurance, lending, wealth management, and hyperlocal e-commerce, aiming to unlock the flow of money and access to services for every Indian.