Job Details

Team Lead, Payroll

Location: BANGALORE,  KARNATAKA

Date Opened: 07/26/2022

Job Type:

Job Number: 220003RT

Job Description

 

 

Who We Are: 

 

HBC is a diversified global retailer focused on driving the performance of high quality stores and their all-channel offerings, growing through acquisitions, and unlocking the value of real estate holdings. Founded in 1670, HBC is the oldest company in North America. HBC’s portfolio today includes formats ranging from luxury to premium department stores to off price fashion shopping destinations, with more than 300 stores and over 40,000 employees around the world. 

  

HBC’s leading banners across North America include Hudson’s Bay, Saks Fifth Avenue & Saks OFF 5TH

  

HBC has significant investments in real estate joint ventures. It has partnered with Simon Property Group Inc. in the HBS Global Properties Joint Venture, which owns properties in the United States. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture. 

  

The HBC India corporate teams focus on Finance & Accounting, Technology, Merchandising and Shared Service operations.  HBC’s entrance into this market has expanded the company’s global footprint and further established HBC as a truly global retailer. 

  

The teams in the India office play an integral role in supporting HBC’s strategic plan. Bengaluru’s workforce has deep experience in a variety of areas, including finance and accounting, technology, as well as other shared services and will support HBC’s operations on an ongoing basis.   

  

You can learn more and view available positions in Bengaluru, by visiting https://www.hbcindiacareers.com/. 

 

 

What This Position Is All About: 

 

This position will lead the Canada payroll team at our Bengaluru office, managing Biweekly and semi-monthly payroll. The ideal candidate is experienced in leading and growing a Payroll Operations and is passionate about developing innovative payroll processes utilizing technology. This position will foster relationships with various internal stakeholders by establishing and maintaining exceptional business relationships and working collaboratively with other organizational teams. The ideal candidate is expected to run day to day payroll operations, driving process automations/improvements and adhering to the internal key controls for the payroll function.

 

As the Payroll Team Lead, you will: 

 

  • Manage payroll processing and compliance, work closely with internal stakeholders such as HR, Benefits, Pension and accounting teams on various payroll inputs related and monthly/quarterly close activities including such as, Pay adjustments, reconciliations and variance analysis. 
  • Ensure proper processes are in place for capturing all inputs accurately and review payroll output from payroll team, which includes but is not limited to performing payroll analysis such as total gross payroll to net payment, average paid per headcount and Payroll over payroll variance analysis, etc.
  • Responsible for continuous process improvement by identifying payroll vulnerabilities and opportunities for improvement and operating efficiencies on a monthly cadence
  • Cross functional partnerships: Drive meetings with cross-functional departments (HR, IT, Legal, Finance, etc.) to identify and implement payroll process improvements and best practices to drive excellence and eliminate and or avoid foreseeable errors. 
  • Payroll policies and procedures: Develop and implement payroll processes, policies and procedures to ensure proper internal controls, efficiency and a great employee experience.
  • Stakeholder management: Ability to build strong and effective relations with relevant internal and external stakeholders
  • Strong Drive for Results- Responsiveness, Speed and ability to navigate a matrix organization. Ability to interpret data to understand workload capacity and team productivity.
  • Compliance: Review all payroll reporting and ensure accurate and timely filing with appropriate government authorities. Support external financial audit. Manage any payroll related audits, if any.
  • Special Projects: Provide ad-hoc support and services as needed.
  • Exercises limited management authority; sets employee performance objectives, conducts performance reviews and recommends pay actions;
  • Defines team operating standards and ensures essential procedures are followed based on knowledge of own discipline.

 

Your Life and Career at HBC: 

 

  • Be part of a world-class team; work with an adventurous spirit; think and act like an owner-operator! 
  • Exposure to rewarding career advancement opportunities from IT to Human Resources to Merchandising to Finance. 
  • A culture that promotes a healthy, fulfilling work/life balance 

 

Job Qualifications

 

Who You Are: 

 

  • Graduate / Postgraduate in Finance & commerce or equivalent
  • Minimum of 6 - 8 years of end-to-end payroll processing with at least 2+ years of management experience including companies with 1,000+ employees
  • US Payroll experience is a plus
  • Process Oriented: Strong understanding of payroll processes, internal & external audits and best practices
  • Excellent management and organizational skills. Project Management experience is a plus
  • A proactive, high energy attitude geared towards achieving continuous improvement
  • A self-starter, results driven, excellent people manger and team player

 

Must haves:

  1. 2+ years of experience in team management
  2. Strong stakeholder management

 

Good to haves:

 

  1. Project management experience
  2. Exposure to payroll accounting