Assistant Manager – Payables and Payroll

About Blenheim Chalcot
Blenheim Chalcot is one of the leading venture builders in the world. We have been building exciting and disruptive businesses for over 26 years across sectors including FinTech, EdTech, GovTech, Media, Sport, Charity and more. These companies are all GenAI enabled and are some of the most innovative companies in the UK and increasingly around the world.

The BC team in India has been instrumental to the growth and success of Blenheim Chalcot. Established in 2014, Blenheim Chalcot India serves as a pivotal launchpad for those aiming to make a difference in the realm of innovation and entrepreneurship.

Blenheim Chalcot India is driven by a mission to empower visionaries to lead, innovate, and build disruptive solutions. We support our diverse portfolio of ventures and create impactful solutions that shape global trends. We provide a range of services to help new business get off the ground, including technology, growth (marketing and sales), talent, HR, finance, legal and tax, plus so much more!

About Blenheim Chalcot India

In 1998, as the dot com boom and bust changed the fate of technology businesses, two friends, Manoj Badale and Charles Mindenhall joined forces to co-found Blenheim Chalcot with the intention of solving industry bottlenecks to productivity and profitability. Blenheim Chalcot went on to become UK’s largest venture builder with 42+ ventures, 3,000 employees, £500m portfolio sales, and group assets under management of £1.5bn.bout BC India

Blenheim Chalcot India hails from this 26-year-old legacy of industry disruptors and currently engages over 21 portfolio companies across multiple sectors. Founded as the Indian operational unit, we have rapidly developed into strategic partners that help the Blenheim Chalcot UK ventures motor through uncertainty, disrupt markets, and deliver results.

The Role

The Assistant Manager- Payables & Payroll is a vital role within the Blenheim Chalcot portfolio. This role is responsible for overseeing and managing the end-to-end payroll process, as well as the accounts payable function. You will gain hands-on experience in a fast-paced and progressive environment, where you will support us in building our next generation of GenAI enabled tech businesses.

Key Responsibilities

Payroll Management

• Payroll Processing: Oversee the entire payroll cycle including salary calculations, deductions, statutory remittances, and generation of pay slips.
• Compliance: Ensure adherence to all applicable payroll laws, regulations, and company policies.
• Data Management: Maintain accurate employee records, including personal information, attendance, leaves, and payroll data.
• Reporting: Prepare and analyze payroll reports, including statutory returns, tax deductions, and other management reports.
• System Management: Administer and maintain payroll systems, ensuring data integrity and implementing system enhancements.
• Employee Queries: Address employee inquiries and concerns related to payroll, providing timely and accurate information.

Accounts Payable Management

• Invoice Processing: Oversee the efficient and accurate processing of invoices, ensuring compliance with company policies and approval procedures.
• Vendor Management: Maintain good relationships with vendors, resolve payment discrepancies, and ensure timely payments.
• Reconciliations: Reconcile vendor accounts, identify and resolve discrepancies, and maintain accurate account balances.
• Compliance: Ensure compliance with accounting standards, tax regulations, and internal controls.
• Reporting: Prepare and analyze accounts payable reports and metrics.
• System Management: Utilize accounting software to process payments, maintain vendor records, and generate reports.

About you

The ideal candidate requires a strong understanding of payroll and accounting principles, coupled with excellent organizational and analytical skills. The incumbent will ensure timely and accurate processing of payroll, vendor payments, and related financial transactions while adhering to statutory compliances and company policies.

Required Skills:

• Proficiency in payroll software (e.g., Keka, Zoho, SAP)
• Minimum 7-8 years of experience in payroll and accounts payable roles
• Strong knowledge of MS Excel (pivot tables, formulas, data analysis)
• Experience with accounting software (e.g.,Tally, Zoho,SAP)
• Understanding of Indian Payroll and Tax Laws (Income Tax, TDS, PF, ESI, PT)
• Knowledge of GST and other indirect taxes
• In-depth knowledge of payroll and accounting principles

Preferred Skills:

• Excellent analytical and problem-solving skills
• Strong attention to detail and accuracy
• Excellent organizational and time management skills
• Ability to work under pressure and meet deadlines

 Education Qualifications:

• Bachelor’s degree in commerce, Accounting, or Finance
• Commerce Graduate
• Experience in implementing payroll systems
• Knowledge of HRIS systems

 What we can offer you

• Be part of the World’s Leading Digital Venture Builder
• Have the opportunity to be a part of and learn from the incredible diverse talent in BC
• Be exposed to the right mix of challenges, within a culture that promotes continuous learning and development and opportunity to work with Gen AI
• A fun and open, if a little cricket obsessed, atmosphere – we own the Rajasthan Royals IPL team!
• 24 days of annual leave, &10 public holiday days
• Private Medical for you and your immediate family & Life Insurance for yourself

Important

At Blenheim Chalcot, we strive to create an environment where differences are not only accepted but greatly valued; where everyone can make the most of their capabilities and potential. We promote meritocracy, competence and the sharing of ideas and opinions. We are driven by data and believe the diversity, agility, generosity, and curiosity of our people is what sets us apart as an organisation. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talent.