S
State Bank Operations Support Services
Payroll Manager
Skills
Compliance
1 month ago
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Important information
Contract type:
Permanent
Salary:
₹500,000 – ₹800,000 / year
Location:
Mumbai, Maharashtra, India
Work mode:
Onsite
Published on:
24 September 2026
What they need
Role & responsibilities
Key Responsibilities:
- Manage end-to-end payroll processing for employees.
- Ensure timely and accurate salary processing.
- Handle statutory compliances such as PF, ESIC, PT, LWF, TDS, and Income Tax.
- Maintain payroll records, reports, and MIS.
- Handle payroll audits and compliance documentation.
- Coordinate with HR for employee data, attendance, leave, and final settlements.
- Manage Full & Final Settlement (F&F), bonus, incentives, and reimbursements.
- Resolve employee queries related to salary, tax, and deductions.
- Ensure compliance with company policies and labor laws.
- Coordinate with IT and payroll vendors for system-related issues.
- Prepare monthly payroll reports and share with management.
Required Skills:
- Strong knowledge of payroll processing and statutory compliance.
- Experience in payroll software/HRMS.
- Good knowledge of Excel (VLOOKUP, Pivot Table, Formulas).
- Strong analytical and problem-solving skills.
- Good communication and team management skills.
- High level of accuracy and confidentiality.
Preferred candidate profile
- Banking / NBFC / Retail / Manufacturing / IT / Telecom
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