Finance Manager - Employee Cost Management

Overview

Finance Manager responsible for employee cost management, payroll accounting and statutory compliance, partnering with HR, Payroll, Finance and Tax teams in Mumbai.

What you'll do

• Prepare employee cost budgets covering salaries, bonuses, benefits and employee provisions.
• Track monthly costs against budget and prior year, providing clear explanations of variances.
• Manage monthly employee cost accounting, including provident fund, gratuity, leave encashment and other provisions, ensuring accurate accruals and timely reversals.
• Manage salary TDS compliance, reconciliations, Form 24Q and Form 16, alongside Provident Fund, Professional Tax and other applicable employee-related statutory requirements.
• Coordinate responses to PF, Professional Tax, TDS and GST notices, working with government authorities and external consultants to ensure timely resolution.
• Reconcile payroll reports and salary registers with accounting entries and the General Ledger, investigating and resolving discrepancies.
• Strengthen payroll and employee cost controls, streamline processes and identify opportunities for automation.

What you'll need

• Experience in employee cost budgeting, payroll accounting and reconciliations.
• Strong working knowledge of Indian payroll tax and employee-related statutory compliance.
• Attention to detail and the ability to translate financial data into clear insights.
• Confidence coordinating across teams and working with external consultants and authorities.
• A practical approach to improving processes and managing monthly deadlines.

Details

• Location: Mumbai, India.