Associate – Payroll Control
Deutsche Bank — Mumbai, MUMBAI
Apply Now
Job Description
Job Description:
Job Title: Associate – Payroll Control
Location: Bangalore, India
Position Description
The Associate, Payroll Control, is in charge of supporting the governance, risk, control, compliance, and oversight framework for payroll operations spanning assigned countries and entities. The position will partner closely with Payroll Operations, HR, Finance, Tax, Technology, and external vendors to secure payroll processes are executed accurately, compliantly, and in accordance with organizational policies and regulatory criteria.
What we’ll offer you
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy,
Best in class leave policy.
Gender neutral parental leaves
100% reimbursement under childcare assistance benefit (gender neutral)
Sponsorship for Industry relevant certifications and education
Employee Assistance Program for you and your family members
Comprehensive Hospitalization Insurance for you and your dependents
Accident and Term life Insurance
Complementary Health screening for 35 yrs. and above
Your main responsibilities
Payroll Controls
- Execute and uphold payroll processes and control frameworks.
- Review payroll inputs, outputs, reconciliations, exceptions, and approvals to ensure compliance with established controls.
- Support payroll risk assessments and guarantee appropriate mitigation measures are implemented.
- Monitor payroll performance metrics and pinpoint prospects for control enhancements.
Compliance & Regulatory Management
- Guarantee adherence to statutory, tax, labour, social security, and regulatory expectations.
- Track legislative and regulatory changes impacting payroll operations.
- Support implementation of regulatory changes and compliance initiatives.
- Keep up audit-ready documentation and evidence repositories.
Risk Management & Audit Support
- Support internal and external payroll audits.
- Collaborate remediation and closure of audit findings.
- Execute periodic control reviews and recognise process improvement chances.
- Escalate significant risks, control gaps, and compliance issues appropriately.
Vendor Governance
- Monitor payroll vendor performance against agreed SLAs and KPIs.
- Support governance reviews with payroll providers and third-party partners.
- Assist in issue resolution, root cause analysis, and service improvement initiatives.
- Secure vendor activities comply with internal governance criteria.
Stakeholder Management
- Partner with HR, Finance, Tax, Compliance, and Technology teams.
- Support preparation of governance reports, dashboards, and leadership updates.
- Participate in governance committees, operational reviews, and stakeholder discussions.
- Offer guidance on payroll controls and compliance expectations.
Continuous Improvement & Transformation
- Recognise chances to standardize, simplify, and automate payroll processes.
- Support payroll transformation, migration, and technology initiatives.
- Drive operational excellence and best practice adoption over payroll activities.
- Participate in projects related to payroll modernization and process optimization.
Experience & Qualifications
- Bachelor’s degree in commerce, Finance, Business Administration, Human Resources, or a related discipline.
- 10-15 years of track record in Payroll Operations, Payroll Governance, HR Shared Services, Compliance, Audit, or related functions.
- Solid understanding of payroll processes, controls, taxation, social security, and labour regulations.
- Exposure to multinational or shared services environments preferred.
- Experience teaming up with payroll vendors and outsourced delivery models is desirable.
Main Competencies & Competencies
- Payroll Controls
- Risk Management & Compliance
- Audit Management
- Regulatory Grasp
- Vendor & SLA Management
- Data Analysis & Reporting
- Stakeholder Management
- Problem Solving & Decision Making
- Process Improvement
- Project & Change Management
- Solid communication and presentation competencies
Success Measures
- Payroll control effectiveness.
- Timely closure of audit and compliance findings.
- Regulatory compliance adherence.
- Reduction in payroll risk and incidents.
- Vendor performance against SLAs.
- Quality and timeliness of governance reporting.
- Successful support of transformation and improvement initiatives.
Your abilities and experience
Suitable accounting degree required with 6-10 years of post-qualification background in core Payroll accounting and related regulatory compliances.
Hands-on exposure to ERPs such as SAP, Workday etc.
BFSI experience preferred.
Good written and oral communication abilities
Main Relationships/ Interactions
- Payroll ControlsExecute and uphold payroll processes and control frameworks.
- Review payroll inputs, outputs, reconciliations, exceptions, and approvals to ensure compliance with established controls.
- Support payroll risk assessments and guarantee appropriate mitigation measures are implemented.
- Monitor payroll performance metrics and pinpoint prospects for control enhancements.
- Compliance & Regulatory Management
- Guarantee adherence to statutory, tax, labour, social security, and regulatory expectations.
- Track legislative and regulatory changes impacting payroll operations.
- Support implementation of regulatory changes and compliance initiatives.
- Keep up audit-ready documentation and evidence repositories.
- Risk Management & Audit Support
- Support internal and external payroll audits.
- Collaborate remediation and closure of audit findings.
- Execute periodic control reviews and recognise process improvement chances.
- Escalate significant risks, control gaps, and compliance issues appropriately.
- Vendor Governance
- Monitor payroll vendor performance against agreed SLAs and KPIs.
- Support governance reviews with payroll providers and third-party partners.
- Assist in issue resolution, root cause analysis, and service improvement initiatives.
- Secure vendor activities comply with internal governance criteria.
- Stakeholder Management
- Partner with HR, Finance, Tax, Compliance, and Technology teams.
- Support preparation of governance reports, dashboards, and leadership updates.
- Participate in governance committees, operational reviews, and stakeholder discussions.
- Offer guidance on payroll controls and compliance expectations.
- Continuous Improvement & Transformation
- Recognise chances to standardize, simplify, and automate payroll processes.
- Support payroll transformation, migration, and technology initiatives.
- Drive operational excellence and best practice adoption over payroll activities.
- Participate in projects related to payroll modernization and process optimization.
Experience & Qualifications
- Bachelor’s degree in commerce, Finance, Business Administration, Human Resources, or a related discipline.
- 10-15 years of track record in Payroll Operations, Payroll Governance, HR Shared Services, Compliance, Audit, or related functions.
- Solid understanding of payroll processes, controls, taxation, social security, and labour regulations.
- Exposure to multinational or shared services environments preferred.
- Experience teaming up with payroll vendors and outsourced delivery models is desirable.
Main Competencies & Competencies
- Payroll Controls
- Risk Management & Compliance
- Audit Management
- Regulatory Grasp
- Vendor & SLA Management
- Data Analysis & Reporting
- Stakeholder Management
- Problem Solving & Decision Making
- Process Improvement
- Project & Change Management
- Solid communication and presentation competencies
Success Measures
- Payroll control effectiveness.
- Timely closure of audit and compliance findings.
- Regulatory compliance adherence.
- Reduction in payroll risk and incidents.
- Vendor performance against SLAs.
- Quality and timeliness of governance reporting.
- Successful support of transformation and improvement initiatives.
Proven capability to use AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to secure responsible and ethical use of data and AI outputs.
How we’ll support you
Training and development to help you excel in your career.
Coaching and support from experts in your team.
A culture of continuous learning to aid progression.
A range of flexible benefits that you can tailor to suit your needs.
About us and our teams
Please visit our company website for further information:
https://www.db.com/company/company.html
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
This Associate – Payroll Control vacancy is based in (do.