AVP, Payroll Lead

Key Accountabilities

• 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.