AVP– India Payroll Accounting Controller

Published date: 2024/01/10
  • Location: Bengaluru, Karnataka, India
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AVP– India Payroll Accounting Controller

Deutsche Bank
Bengaluru, Karnataka
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19 hours ago
Full–time
Position Overview

Job Title- AVP– India Payroll

Location- Bangalore

Role Description

Summary:

This position is part of the India HR team. This role is responsible for Payroll Accounting, Statutory and Regulatory compliances Management for India within the Payroll and Benefits administration context.

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 Key Responsibilities
• Validation and reconciliation of all Payroll General Ledgers monthly / quarterly / annually.
• Ensuring adherence to timely salary cost booking in SAP.
• Ensuring timely payment and cost booking of various Payroll related statutory dues (Provident Fund, Profession Tax, Income Tax, Employee State Insurance, National Pension Scheme, Share Purchase plans etc.) into various group entities.
• Reviewing and monitoring unreconciled items in various bank accounts (for salary rejections) on monthly basis and accordingly responding to auditors and other stakeholders.
• Completing all Bank account reconciliations within the defined deadlines
• Front-ending HR, Payroll and Benefits related areas of various audits (Statutory, Tax, Group and Transfer Pricing).
• Ensuring timely Payroll related Withholding Tax Return filings for all the group entities.
• Managing the accounting, invoicing, compliance and reporting aspects of Seconded and Transferred employees (including GST impacts).
• Front ending with external statutory bodies (Tax Assessment, Scrutiny, appeals etc.) related to HR matters as and when required.
• Managing various data, reconciliation and disclosures as mandated by, but not limited to RBI, Company’s Act, SEBI, Income Tax, Transfer Pricing etc. for HR related matters.
• Ensuring timely actuarial valuation (Local and IFRS) for retirals across group entities and ensuring that the liabilities are suitably funded and accounted.

Key Relationships/ Interactions:
• Global and India HR Teams
• Global and India Finance Teams
• Global and India Legal Teams
• Global and India Group Tax Teams
• Payroll Vendor
• Other HR Vendors
• Internal Auditors
• Group Auditors
• Statutory Auditors

Your Skills And Experience
• Suitable accounting degree required with 10 years of post-qualification experience in core Payroll accounting and related regulatory compliances.
• Hands-on experience in ERPs such as SAP, Workday etc.
• BFSI experience preferred.
• Good written and oral communication skills

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.htm

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides
Company Name: Deutsche Bank

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