Deputy Manager-Payroll India

About PX Operations at SKF

PX Operations is the backbone of SKFs people experience a global team committed to delivering precision reliability and service excellence. We ensure the essential moments in every employees journey work flawlessly: accurate pay clean and trusted data efficient lifecycle services and fast clear support. Our purpose is to create a better tomorrow and we enable it by building a people experience that is simple digital and consistent across borders allowing our colleagues to stay focused on innovation performance and customer success.

What we stand for

• • Precision you can trust: Our services work the first time every time.
  • Simplicity that empowers: We streamline and standardize processes so work flows effortlessly.
  • A global network: We collaborate across cultures regions and functions to deliver one SKF experience.
  • Continuous improvement: We take ownership act fast and always look for better ways to serve.
  • Humancentered design: Every interaction matters we make it clear supportive and meaningful.

Why Join PX Operations

Here your work has direct impact. You help shape the employee experience for thousands of colleagues across the world. You grow by working in a truly global environment building networks developing new skills and contributing to improvements that scale across SKF.

You join a culture that values ownership and accountability encourages ideas and empowers you to act. A place where every process you improve every solution you shape and every service you deliver contributes to a better tomorrow.

PX Operations Precision in Service. Better Tomorrow in Motion.

JOB DESCRIPTION

Role Title: Deputy Manager Payroll India

Location: Pune

Purpose of the Role

To support and manage end-to-end payroll operations for multiple legal Entities which includes both blue collar and management staff payroll ensuring accurate timely salary processing statutory compliance reconciliation and effective query resolution while coordinating closely with HR Finance and external stakeholders.

Key Responsibilities

• Manage the end-to-end payroll which includes Full & Final settlement process for the blue collar and while collar employees for multiple legal Entities
• Prepare and validate salary payout files. Coordinate with banks/treasury teams for timely salary disbursement.
• Perform monthly payroll reconciliation including:
  • Salary registers vs. bank payouts
  • Statutory deductions vs. returns
  • Payroll vs. finance books
• Work closely with Finance for payroll posting and closure.
• Provide payroll reports accruals and provisions (bonus leave encashment gratuity etc.).
• Support month-end and year-end closing activities
• Ensure compliance with applicable labour laws and statutory requirements.
• Support timely filing of returns (PF ESI PT TDS).
• Assist in audits (internal/external/statutory).
• Address employee payroll queries related to salary tax deductions and benefits.
• Provide clear and timely resolutions.
• Maintain a high level of service orientation.
• Generate payroll MIS reports (cost analysis headcount variance reports).
• Maintain payroll documentation SOPs and audit trails.
• Support automation and process improvement initiatives.
• Co-ordinate the development and changes in the Payroll System with the software provider
• Streamlined ways of working by institutionalizing comprehensive SOPs and robust payroll-to-finance reconciliation frameworks ensuring 100% accuracy in statutory filings (PF ESI TDS) and seamless internal/external audits.
• Engineered advanced MIS reporting structures and variance analysis templates to provide leadership with real-time cost insights enabling more proactive decision-making during month-end and year-end closures.
• Key interfaces Internally
  • Controlling and Finance
  • HR /Admin teams
  • Legal and IT
  • Internal Audit
  • Employees and Managers
• Key interfaces Externally
  • EPFO ESIC Income Tax departments
  • External Auditors
  • Payroll Systems Providers
• People Reporting
  • Leads a team of at least 1-2 members

What you bring

• Postgraduate in Commerce. MBA in HR / Finance is preferred.
• 810 years of experience in managing payroll and financial compliances in medium or large organizations.
• Functional Competencies: Contemporary Payroll Systems knowledge and usage experience Related Accounting processes knowledge Audits Management Strategic mindset Business Acumen Strong process & system orientation Analytical ability
• Behavioral Competencies: Leadership and team management competence Creative thinking Futuristic approach networking skills and cross functional collaboration

What We Offer

• The opportunity to make a real impact on the employee experience at a national scale.
• A collaborative environment with exposure to global PX operations and international colleagues.
• Continuous learning and development in payroll systems digital tools and process excellence.
• A culture that values ownership encourages ideas and supports personal growth.
• A chance to contribute to SKFs purpose of creating a better tomorrow.