Kotak Mahindra Bank Careers For Freshers

As our Payroll Manager, you'll play a crucial role in ensuring the smooth and accurate processing of salaries and other benefits for our valued employees across India. You'll lead a team of payroll professionals, ensuring compliance with all statutory regulations and internal policies. You'll be the go-to person for all payroll-related queries, and your expertise will contribute significantly to employee satisfaction and morale.

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Responsibilities:

• Oversee the entire payroll processing cycle, including data entry, verification, calculation, and timely disbursement of salaries.
• Ensure compliance with all relevant labor laws, income tax regulations, and internal policies.
• Manage and motivate a team of payroll professionals, providing guidance, training, and performance feedback.
• Conduct regular audits and reviews to identify and address any discrepancies or potential risks.
• Stay updated on changes in payroll legislation and best practices, implementing improvements to optimize efficiency and accuracy.
• Maintain strong relationships with internal stakeholders, including HR, finance, and legal teams.
• Prepare reports and analysis on payroll metrics and trends, providing insights for informed decision-making.

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Skills & Qualifications:

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum 5 years of experience in payroll management, preferably within the banking or financial services industry.
• Strong knowledge of Indian labor laws, income tax regulations, and payroll accounting practices.
• Proficient in MS Office Suite, ERP systems like SAP HCM, and payroll software packages.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently and as part of a team, demonstrating strong leadership and time management skills.

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