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S&P Global

Payroll Specialist - India

Posted Yesterday
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In-Office
Mumbai, Maharashtra, IND
Mid level
In-Office
Mumbai, Maharashtra, IND
Mid level
The Payroll Specialist is responsible for managing India payroll operations, ensuring compliance with statutory laws, processing payroll, and supporting audits while coordinating with various stakeholders and vendors.
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About the Role:

Grade Level (for internal use):

08

About the Role

The Payroll Specialist – India is responsible for delivering accurate, timely, and compliant India payroll in accordance with local statutory requirements and S&P Global’s global payroll governance standards.
This role supports India entities within a Global Pay Services operating model and works in close partnership with People Services, Finance, Tax, Mobility teams, and external payroll vendors to ensure a high-quality employee payroll experience.

What's in it for you:

  • Opportunity to work in a Global Payroll Center of Excellence supporting India payroll operations

  • Exposure to global payroll governance, controls, and best practices

  • Collaborative and inclusive work environment

  • Career growth opportunities within S&P Global’s Global Pay Services organization

Responsibilities:

Payroll Operations

  • Process end-to-end monthly India payroll for assigned legal entities, including regular payroll, bonuses, off-cycle payments, leave encashments, arrears, recoveries, and final settlements.

  • Validate payroll inputs such as new hires, exits, salary changes, reimbursements, and variable pay.

  • Perform payroll reviews including variance analysis, exception handling, and pre-payroll validations prior to sign-off.

  • Ensure payroll is processed within defined cut-off timelines and approval controls.

Statutory Compliance – India

  • Ensure compliance with Indian statutory requirements, including:

    • Income Tax (TDS on salary, projections, Form 16, Form 12BA)

    • Provident Fund (EPFO – UAN, ECR, exits, contributions)

    • ESIC, Professional Tax, and Labour Welfare Fund (LWF)

  • Support annual tax activities such as investment declaration windows, proof verification, tax true-ups, and year-end reconciliations.

  • Assist in responding to statutory notices and audits from authorities (e.g., Income Tax Department, PF authorities).

Payroll Accounting & Reporting

  • Partner with Finance on payroll GL validation, reconciliations, and month-end close activities.

  • Prepare and submit monthly payroll reports, statutory summaries, and defect/pre-defect reporting as per Global Payroll SOPs.

  • Support internal and external audits by providing payroll data, reconciliations, and supporting documentation.

Stakeholder & Vendor Management

  • Act as a primary contact for India payroll-related employee queries via ServiceNow or ticketing tools.

  • Coordinate with HR Business Partners, People Services, and Mobility teams on payroll-impacting changes.

  • Liaise with external payroll vendors to resolve discrepancies and ensure SLA adherence.

Systems, Controls & Continuous Improvement

  • Maintain accurate payroll data in Workday and payroll vendor systems.

  • Ensure data confidentiality and compliance with S&P Global data protection standards.

  • Identify payroll risks, defects, and recurring issues; implement corrective and preventive actions.

  • Contribute to process improvements, automation initiatives, and standardization efforts within India payroll operations.

Qualifications:

Required:

  • Bachelor’s/Master’s degree in HR, Finance, Accounting, or a related field.

  • 3–6 years of hands-on India payroll experience, preferably in a large organization or shared services / GCC environment.

  • Strong working knowledge of Indian payroll statutory laws and compliance.

  • Experience managing payroll for medium to large employee populations.

  • Strong proficiency in Microsoft Excel and payroll reporting.

Preferred:

  • Experience with Workday HCM / Workday Payroll or similar HRIS platforms.

  • Exposure to statutory audits, tax notices, and compliance reviews.

  • Experience working within a global or regional payroll operating model.

  • Knowledge on new-aged technologies like Power BI / AI and agility and automation driving solutions.

  • Knowledge on labour codes

Key Competencies

  • High attention to detail and accuracy

  • Strong analytical and problem-solving skills

  • Clear, professional communication and stakeholder management

  • Ability to work under strict payroll timelines and deadlines

  • High standards of integrity, confidentiality, and compliance

  • Continuous improvement mindset

What’s In It For You?

Our Mission:

Advancing Essential Intelligence.

Our People:

We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. Join us and help create the critical insights that truly make a difference.

Our Values:
Integrity, Discovery, Partnership

Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.
Benefits:

We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.
Our benefits include: 

  • Health & Wellness: Health care coverage designed for the mind and body.

  • Flexible Downtime: Generous time off helps keep you energized for your time on.

  • Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.

  • Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.

  • Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.

  • Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Global Hiring and Opportunity at S&P Global:

At S&P Global, we are committed to fostering a connected and engaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions. Our hiring practices emphasize fairness, transparency, and merit, ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration, we drive innovation and power global markets.

Recruitment Fraud Alert:

If you receive an email from a spglobalind.com domain or any other regionally based domains, it is a scam and should be reported to [email protected]. S&P Global never requires any candidate to pay money for job applications, interviews, offer letters, “pre-employment training” or for equipment/delivery of equipment. Stay informed and protect yourself from recruitment fraud by reviewing our guidelines, fraudulent domains, and how to report suspicious activity here.

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Equal Opportunity Employer

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law.  Only electronic job submissions will be considered for employment.  

 

If you need an accommodation during the application process due to a disability, please send an email to: [email protected] and your request will be forwarded to the appropriate person.  
 
US Candidates Only: Know Your Rights: Workplace discrimination is illegal

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20 - Professional (EEO-2 Job Categories-United States of America), HUMRES203 - Entry Professional (EEO Job Group)

Top Skills

Excel
Power BI
Workday

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