JOB DESCRIPTION

About Us: Paytm is India’s leading digital payments and financial services company, which is focused on driving consumers and merchants to its platform by offering them a variety of payment use cases. Paytm provides consumers with services like utility payments and money transfers, while empowering them to pay via Paytm Payment Instruments (PPI) like Paytm Wallet, Paytm UPI, Paytm Payments Bank Net banking, Paytm FASTag and Paytm Postpaid - Buy Now, Pay Later. To merchants, Paytm offers acquiring devices like Soundbox, EDC, QR and Payment Gateway where payment aggregation is done through PPI and also other banks’ financial instruments. To further enhance merchants’ business, Paytm offers merchants commerce services through advertising and Paytm Mini app store. Operating on this platform leverage, the company then offers credit services such as merchant loans, personal loans and BNPL, sourced by its financial partners. 

About the team:   Finance Team is responsible for allocating resources, creating economic forecasts, reviewing opportunities for equity and debt financing, and other functions within your organization. 

About the role: The Payroll Manager will oversee and supervise the organization's payroll functions, leading

a team of payroll professionals, ensuring payroll is processed on time, accurately, and in

compliance with government regulations.

Expectations/ Requirements :

1. Oversees the daily workflow of financial transactions of the department.

2. To guide and mentor a team of highly motivated payroll professionals.

3 Provides constructive and timely performance evaluations.

4. Implements, maintains, and reviews payroll processing systems to ensure timely and accurate processing of payroll transactions including salaries, benefits, Income Tax,

5. Provident Fund, Pension, ESI, Professional Tax, LWF and other deductions.

6. Ensures accurate and timely processing of payroll updates including new hires, terminations, and salary revisions.

7. Prepares payroll accounting entries and creates provisions against liabilities.

8. Prepares and maintains accurate records and reports of payroll transactions.

9. Ensures statutory compliances and filing TDS returns, issuing of Form 16 etc.

10. Ensures full and final settlements to be completed within SLA.

11. Provides payroll information report for salary and cost variances to management.

12. Facilitates audits by providing records and documentation to internal and external auditors.

13. Identifies and recommends updates to payroll processing software, systems, and procedures.

Superpowers/ Skills that will help you succeed in this role :

1. Minimum of 8+ years of relevant experience required.

2. Extensive knowledge of the payroll function including preparation, processing, internal control, and payroll taxes.

3. Extensive knowledge of payroll accounting and provisions.

4. Proficient in working on huge databases in excel.

5. Excellent organizational skills and attention to detail.

6. Strong analytical and problem-solving skills.

7. Strong supervisory and leadership skills.

8. Proficient with Microsoft Office Suite or related software.

9. Minimum 5 Years of team Leading experience.

Education: Bachelor’s degree in accounting, Business Administration, Human Resources, or related field required.

Why join us? :   Merit-based culture that thrives on self-motivated & driven individuals who are set out to make a successful career in India’s fastest-growing Fintech Organization. Agile & democratic setup that gives space to your creativity, and offers the opportunity to work at scale coupled with an environment that encourages diverse perspectives at all times.

Compensation: If you are the right fit, we believe in creating wealth for you with enviable 500 mn+ registered users, 21 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it. India’s largest digital lending story is brewing here. It’s your opportunity to be a part of the story!