Vice President, India Payroll
BlackRock
Gurugram, IndiaPosted 1 month ago
Skill Required
related fieldanalyticalautomationsecuritybuildingWorkdayDesign PatternsandAIFulltime
Key highlights
- 8+ years of experience in payroll operations and statutory compliance required
- Hybrid work model: 4 days in office, 1 day remote per week
- Comprehensive benefits including healthcare, retirement plan, and Flexible Time Off (FTO)
- Leadership role overseeing end-to-end payroll operations for India
Role overview
BlackRock’s Global Payroll & Employment Tax function is a critical, high-impact team responsible for delivering accurate, timely, and compliant payroll services across the organization. The team operates within a robust governance framework, partnering closely with Human Resources, Finance, Tax, and external vendors to ensure adherence to global standards, local regulatory requirements, and a strong control environment. The Vice President, Payroll will lead and oversee the end-to-end payroll operations for India, ensuring accuracy, timeliness, and compliance while advancing governance, control frameworks, and transformation initiatives. The role requires close collaboration with local HR and global stakeholders in a fast-paced and dynamic environment, playing a key leadership role in vendor management, regulatory compliance, audit readiness, and process optimization.
Responsibilities
- Lead and oversee the end-to-end India payroll function, ensuring accuracy, timeliness, and full compliance with statutory and regulatory requirements.
- Manage and ensure compliance with all India statutory regulations, including PF, ESIC, PT, LWF, gratuity, and income tax, while staying current with evolving labor laws and regulatory updates.
- Lead and mentor a high-performing payroll team, driving accountability, capability building, and a culture of continuous improvement.
- Drive automation and process optimization initiatives to enhance payroll systems, reporting, and operational efficiency.
- Build and maintain strong cross-functional partnerships with HR (Benefits, Mobility, HRBPs), Finance (FP&A, Controllers, Accounting), and Tax teams to ensure seamless data flow, accurate reporting, and alignment of payroll processes.
- Manage the payroll vendor relationships to deliver payroll effectively.
- Develop and monitor key payroll metrics and KPIs to track operational performance, compliance adherence, and service delivery effectiveness.
- Oversee audit and compliance activities, including internal audits, employment tax audits, and social security reviews, ensuring timely and accurate response to stakeholders.
Requirements
- 8+ years of experience in payroll operations and statutory compliance, preferably within India and broader APAC regions.
- Bachelor’s or Master’s degree, preferably in Finance, Accounting, or a related field.
- Knowledge of withholding tax, related tax filings, tax policy and regulations as they relate to India / APAC Countries.
- Proven ability to manage payroll vendors effectively, including adherence to contracts, SLAs, and service delivery standards.
- Solid understanding of HR processes, payroll dependencies, and cross-functional integrations.
- Proficiency in Microsoft Excel and Word (essential).
- Strong analytical, problem-solving, and stakeholder management skills.
- Excellent communication skills, with fluency in English.
- Ability to work effectively in a fast-paced, dynamic environment and manage competing priorities.
- Flexibility to support global teams across time zones, including extended working hours when required.
- A high level of attention to detail.
- A positive and ‘can-do’ attitude.
- Risk Management.
- Teamwork including collaborating with remote team members.
- Problem solving.
- Desire and ability to provide outstanding service to internal clients.
- Adaptable, resilient and embracing of change.
- Capable of communicating with impact.
- Proven ability to manage competing priorities and meet tight deadlines.
- Ability to identify, analyse and develop processes and drive continuous improvement.
- Discretion in dealing with confidential information.
Nice to have
- Experience with Workday or similar HR/payroll systems.
Benefits
- A strong retirement plan.
- Tuition reimbursement.
- Comprehensive healthcare.
- Support for working parents.
- Flexible Time Off (FTO).
Additional details
- BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
- At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
- At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress. This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
- To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
- BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.