Description
BlackRock's Global Payroll & Employment Tax function is a critical team responsible for delivering accurate, timely, and compliant payroll services across the organization.
The Vice President, Payroll will lead and oversee the end-to-end payroll operations for India, ensuring accurate, timely, and compliant payroll execution, while advancing governance, control frameworks, and transformation initiatives.
Key Responsibilities:
- Lead and oversee the end-to-end India payroll function, ensuring accuracy, timeliness, and full compliance with statutory and regulatory requirements.
- Manage and ensure compliance with all India statutory regulations, including PF, ESIC, PT, LWF, gratuity, and income tax.
- Lead and mentor a high-performing payroll team, driving accountability, capability building, and a culture of continuous improvement.
- Drive automation and process optimization initiatives to enhance payroll systems, reporting, and operational efficiency.
- Build and maintain strong cross-functional partnerships with HR, Finance, and Tax teams.
- Manage the payroll vendor relationships to deliver payroll effectively.
- Develop and monitor key payroll metrics and KPIs to track operational performance, compliance adherence, and service delivery effectiveness.
- Oversee audit and compliance activities, including internal audits, employment tax audits, and social security reviews.
Knowledge/Qualifications:
- 8+ years of experience in payroll operations and statutory compliance, preferably within India and broader APAC regions.
- Bachelor's or Master's degree, preferably in Finance, Accounting, or a related field.
- Knowledge of withholding tax, related tax filings, tax policy, and regulations as they relate to India/APAC Countries.
- Proven ability to manage payroll vendors effectively.
- Solid understanding of HR processes, payroll dependencies, and cross-functional integrations.
- Proficiency in Microsoft Excel and Word; experience with Workday or similar HR/payroll systems preferred.
- Strong analytical, problem-solving, and stakeholder management skills.
- Excellent communication skills, with fluency in English.
Competencies Required:
- A high level of attention to detail.
- A positive and 'can-do' attitude.
- Risk Management.
- Teamwork, including collaborating with remote team members.
- Problem-solving.
- Desire and ability to provide outstanding service to internal clients.
- Adaptable, resilient, and embracing of change.
- Capable of communicating with impact.
- Proven ability to manage competing priorities and meet tight deadlines.
- Ability to identify, analyze, and develop processes and drive continuous improvement.
- Discretion in dealing with confidential information.
Benefits:
- A strong retirement plan.
- Tuition reimbursement.
- Comprehensive healthcare.
- Support for working parents.
- Flexible Time Off (FTO).
Hybrid Work Model:
- Employees are required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week.