Grade Level (for internal use):
08About the Role
The Payroll Specialist India is responsible for delivering accurate timely and compliant India payroll in accordance with local statutory requirements and S&P Globals global payroll governance standards.
This role supports India entities within a Global Pay Services operating model and works in close partnership with People Services Finance Tax Mobility teams and external payroll vendors to ensure a high-quality employee payroll experience.
Whats in it for you:
Opportunity to work in a Global Payroll Center of Excellence supporting India payroll operations
Exposure to global payroll governance controls and best practices
Collaborative and inclusive work environment
Career growth opportunities within S&P Globals Global Pay Services organization
Responsibilities:
Payroll Operations
Process end-to-end monthly India payroll for assigned legal entities including regular payroll bonuses off-cycle payments leave encashments arrears recoveries and final settlements.
Validate payroll inputs such as new hires exits salary changes reimbursements and variable pay.
Perform payroll reviews including variance analysis exception handling and pre-payroll validations prior to sign-off.
Ensure payroll is processed within defined cut-off timelines and approval controls.
Statutory Compliance India
Ensure compliance with Indian statutory requirements including:
Income Tax (TDS on salary projections Form 16 Form 12BA)
Provident Fund (EPFO UAN ECR exits contributions)
ESIC Professional Tax and Labour Welfare Fund (LWF)
Support annual tax activities such as investment declaration windows proof verification tax true-ups and year-end reconciliations.
Assist in responding to statutory notices and audits from authorities (e.g. Income Tax Department PF authorities).
Payroll Accounting & Reporting
Partner with Finance on payroll GL validation reconciliations and month-end close activities.
Prepare and submit monthly payroll reports statutory summaries and defect/pre-defect reporting as per Global Payroll SOPs.
Support internal and external audits by providing payroll data reconciliations and supporting documentation.
Stakeholder & Vendor Management
Act as a primary contact for India payroll-related employee queries via ServiceNow or ticketing tools.
Coordinate with HR Business Partners People Services and Mobility teams on payroll-impacting changes.
Liaise with external payroll vendors to resolve discrepancies and ensure SLA adherence.
Systems Controls & Continuous Improvement
Maintain accurate payroll data in Workday and payroll vendor systems.
Ensure data confidentiality and compliance with S&P Global data protection standards.
Identify payroll risks defects and recurring issues; implement corrective and preventive actions.
Contribute to process improvements automation initiatives and standardization efforts within India payroll operations.
Qualifications
Required:
Bachelors degree in HR Finance Accounting or a related field.
3 years of hands-on India payroll experience preferably in a large organization or shared services / GCC environment.
Knowledge on new-aged technologies like Power BI / AI and agility and automation driving solutions.
Strong working knowledge of Indian payroll statutory laws and compliance.
Experience managing payroll for medium to large employee populations.
Strong proficiency in Microsoft Excel and payroll reporting.
Preferred:
Experience with Workday HCM / Workday Payroll or similar HRIS platforms.
Exposure to statutory audits tax notices and compliance reviews.
Experience working within a global or regional payroll operating model.
Key Competencies
High attention to detail and accuracy
Strong analytical and problem-solving skills
Clear professional communication and stakeholder management
Ability to work under strict payroll timelines and deadlines
High standards of integrity confidentiality and compliance
Continuous improvement mindset
Whats In It For You
Our Mission:
Advancing Essential Intelligence.
Our People:
Were more than 35000 strong worldwideso were able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. Were committed to a more equitable future and to helping our customers find new sustainable ways of doing business. Join us and help create the critical insights that truly make a difference.
Our Values:
Integrity Discovery Partnership
Throughout our history the worlds leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do bring a spirit of discovery to our work and collaborate in close partnership with each other and our customers to achieve shared goals.
Benefits:
We take care of you so you cantake care of business. We care about our people. Thats why we provide everything youand your careerneed to thrive at S&P Global.
Our benefits include:
Health & Wellness: Health care coverage designed for the mind and body.
Flexible Downtime: Generous time off helps keep you energized for your time on.
Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
Invest in Your Future: Secure your financial future through competitive pay retirement planning a continuing education program with a company-matched student loan contribution and financial wellness programs.
Family Friendly Perks: Its not just about you. S&P Global has perks for your partners and little ones too with some best-in class benefits for families.
Beyond the Basics: From retail discounts to referral incentive awardssmall perks can make a big difference.
For more information on benefits by country visit: Hiring and Opportunity at S&P Global:
At S&P Global we are committed to fostering a connected andengaged workplace where all individuals have access to opportunities based on their skills experience and contributions. Our hiring practices emphasize fairness transparency and merit ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration we drive innovation and power global markets.
Recruitment Fraud Alert:
If you receive an email from a domain or any other regionally based domains it is a scam and should be reported to. S&P Global never requires any candidate to pay money for job applications interviews offer letters pre-employment training or for equipment/delivery of equipment. Stay informed and protect yourself from recruitment fraud by reviewing our guidelines fraudulent domains and how to report suspicious activityhere.
Equal Opportunity Employer
S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity color religion sex sexual orientation gender identity national origin age disability marital status military veteran status unemployment status or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability please send an email to:and your request will be forwarded to the appropriate person.
US Candidates Only:Know Your Rights: Workplace discrimination is illegal
Required Experience:
IC
The S&P Global Ratings homepage offers access to credit ratings, research, and insights across various sectors and markets. Discover more.