Director / Vice President - India Payroll & @ BNP Paribas

Job Description

About BNP Paribas Group:

BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions.

Position Purpose

• I. Responsible for managing India Payroll & Benefits platform
• II. Candidate must have prior experience in managing employee payroll processing OR finance services delivery platform.
• III. Must possess extensive knowledge of compensation accounting, regulatory and related compliance topics.

Responsibilities

Direct Responsibilities

A. Strategic Management of Payroll & Benefits platform, including but not limited to:

o Processing and Administration of Payroll, Employee Benefits and Reimbursements

o Delivery of aforementioned HR Ops services in line with SLA to specific BNPP entities

o Supervise the Payroll & Benefits team by constantly improving quality, productivity and timeliness

o Build strategies for employee benefits and formulate related policies

o Coordinate with HR front office and external service providers

o Accounting & reconciliation, Statutory actions and Audits

o Stakeholder management and governance

B. Service Provider Liaison:

o Interact with Payroll & Benefits service providers/vendors on a regular basis

o Monitor accuracy and quality of vendor input/output by putting in place appropriate controls

o Review service level and share the feedback with the service provider

o Ensure appropriate information flow to and from with service providers

o Provide inputs on improvisation of overall vendor services

C. Employee Interaction:

o Interact with Employees on Payroll & Benefits related matters

o Address employee grievance, resolve queries and problems

o Promote consumption of employee benefits by organizing campaigns, helpdesks, etc.

o Give visibility of features associated with employee compensation related services

D. Risk Management & Control:

o Anticipate risks, Comply with internal guidelines and external regulations

o Be the key interlocutor in responding to auditors

o Highlight variances, defaults, anomalies, etc. to the top management in a timely manner

o Ensure implementation of operational controls for Payroll & Benefits

o Ensure that risk framework for Payroll & Benefits is robust and all controls are duly anticipated and implemented

E. Internal Accounting and Payments:

o To ensure accuracy, correctness and appropriateness of transaction processing

o Peruse statements and regularly check various accounts and ensure completion of transactions

o Liaise with IT for transaction processing

• Ensure reconciliation of accounts and transactions basis risks foreseen

F. Team Management:

o Maintain a high performing team for payroll & benefits platform at all times

o Groom, guide and develop employees

o Set objectives, Review performance and Provide feedback

o Counsel on career opportunities

G. Regulatory, Compliance and Employee Relations:

o Liaise with legal, audit, tax departments whenever required

o Keep abreast on changes occurring on internal guidelines and external regulatory framework time-to-time

H. Process efficiency and Continuous improvement:

o Inculcate a culture of 'continuous improvement' by adopting best practices, systems and tools

o Plan and execute initiatives to improve process efficiency ongoing basis

Technical knowledge & Skills

Mandatory:

1. Leadership Skills

2. Expert knowledge on Payroll & Benefit topics, related Regulatory Acts, etc. /OR/ Extensive knowledge gained through managing finance services delivery platforms

3. Strong communication and coordination skills

Preferred:

1. Knowledge of HR Processes
2. Understanding of offshoring business

Contributing Responsibilities

Technical & Behavioral Competencies

Must be proficient in MS Office (Excel, WORD, Powerpoint) , Microsoft Project and SharePoint

Specific Qualifications (if required)

MBA in finance / CA

BE /BTECH

Post graduate with relevant experience

, *

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Risk anticipation and mitigation

Continuous improvement mindset

Entrepreneurial mindset

Client focused

Transversal Skills: (Please select up to 5 skills)

Ability to manage transformation programs

Influencing

Networking & collaboration

Ability to understand, explain and support change

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 15 years

Employement Category:

Employement Type: Full time
Industry: BFSI
Role Category: General / Other Software
Functional Area: Not Applicable
Role/Responsibilies: Director / Vice President - India Payroll &

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Keyskills:   project management automation cost control delivery ltd ms office front office music making service level top management retail banking risk management global delivery information flow leadership skills employee benefits service providers microsoft project financial services payroll processing