3 Days Left : Senior Payroll Specialist

Location : Mumbai, India

Date Posted : Oct 16, 2025

Description

Company Profile :

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

Role Summary :

Reporting to the APAC Head of Payroll Operations and working closely with the rest of the Alvarez & Marsal Global Payroll Team as well as HR, Benefits, Finance, and the Business, the successful candidate will play a fundamental role in our global payroll operations. As a Senior Payroll Specialist, you will be responsible for both end-to-end payroll processing and supporting payroll implementation projects across India and selected APAC countries. You will help deliver accurate and timely payroll for approximately 2000+ employees and growing, while contributing to payroll system / process improvements across the region.

Key Responsibilities :

• Manage end-to-end payroll processing for multiple APAC countries, including India, ensuring accuracy and compliance with country-specific statutory regulations.
• Prefer someone who can participate in payroll implementation projects, including system transitions, new country setups, vendor changes, and process improvement initiatives.
• Ensure that starters, leavers, leaves of absence, salary increases, bonuses, and transfers are processed accurately and on time, including preparation and submission of required employee data through flexi-forms and payroll provider portals.
• Accurately process Managing Director emoluments, including monthly draws, bonuses, benefits, deferred payments, loans, etc.
• Handle processing of various bonus payments such as guaranteed bonuses, sign-on bonuses, and annual bonuses.
• Obtain necessary approvals for manual payment requests and process manual payroll payments as required.
• Review payroll output reports and provider files prior to release of payment files; investigate and resolve any variances.
• Adhere to strict payroll cut-off deadlines with internal and external stakeholders.
• Collaborate with payroll providers to ensure legislative updates are implemented promptly and payroll processes are optimized.
• Maintain and validate time-off tracking information for payroll submission and address any discrepancies proactively.
• Manage employee registrations and de-registrations in accordance with local regulations.
• Prepare and process termination and redundancy payments as per country legislation and company policy.
• Reconcile all statutory deductions (tax, superannuation, provident fund, etc.) and ensure accurate and timely filings and payments.
• Ensure timely processing of manual payments and currency exchange rate updates for cross-border payrolls.
• Post payroll-related accounting entries and assist Finance in reconciling payroll GL accounts.
• Stay updated on payroll legislation and ensure compliance with internal policies.
• Serve as the first point of contact for income tax / statutory audits or inquiries in coordination with payroll providers.
• Address employee payroll queries professionally and promptly.
• Handle employee insurance registrations and submissions to insurers.

Requirements :

Your journey at A&M :

We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person's unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.

We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.

Inclusive Diversity

A&M's entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.

Equal Opportunity Employer

It is Alvarez & Marsal's practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. .

Unsolicited Resumes from Third-Party Recruiters

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.