Lead - Payroll & Benefits Administration

Confirmed live in the last 24 hours

PhonePe

Bangalore

On-site

Posted March 12, 2026

Job Description

About PhonePe Limited:

Headquartered in India, its flagship product, the PhonePe digital payments app, was launched in Aug 2016. As of April 2025, PhonePe has over 60 Crore (600 Million) registered users and a digital payments acceptance network spread across over 4 Crore (40+ million) merchants. PhonePe also processes over 33 Crore (330+ Million) transactions daily with an Annualized Total Payment Value (TPV) of over INR 150 lakh crore.

PhonePe’s portfolio of businesses includes the distribution of financial products (Insurance, Lending, and Wealth) as well as new consumer tech businesses (Pincode - hyperlocal e-commerce and Indus AppStore Localized App Store for the Android ecosystem) in India, which are aligned with the company’s vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.

Culture:

At PhonePe, we go the extra mile to make sure you can bring your best self to work, Everyday!. And that starts with creating the right environment for you. We empower people and trust them to do the right thing. Here, you own your work from start to finish, right from day one. PhonePe-rs solve complex problems and execute quickly; often building frameworks from scratch. If you’re excited by the idea of building platforms that touch millions, ideating with some of the best minds in the country and executing on your dreams with purpose and speed, join us!

Role Overview: The Lead Payroll & Benefits to own and manage the entire payroll and benefits operations for over 30,000 high churn salesforce. The responsibilities include guiding the team for accurate and timely processing of salary, benefits and related payouts, compliance with statutory and audit requirements, and efficient management of payroll-related processes for the multiple legal entities in the PhonePe group.

Responsibilities:

Payroll Management:

End to end ownership: Lead the strategy and execution of end-to-end payroll operations, ensuring timely and accurate salary disbursements for all employees. Ensure payroll data integrity, and implement system upgrades and enhancements.
Ensure thorough documentation of payroll reports, tax filings, benefits deductions, and other required reports, maintaining compliance with regulatory requirements.
External Partner Management: Manage the external payroll partner, ensuring adherence to predefined service levels. Establish robust governance and review mechanisms to ensure adherence to payroll processes with the necessary checks and balances.

Compliance and Audits:

Regulatory Compliance: Ensure adherence to all payroll compliance regulations and tax laws, ensuring timely remittances of deductions and statutory dues.
Audit Management: Support the statutory and tax audits, providing necessary audit evidence and clear responses to audit-related queries. Maintain organized and thorough documentation to support audit processes.

Team Management:

Guide the team members and ensure their development through relevant interventions and regular feedback. Identify and address skill gaps to enhance team performance.
Ensure the team members discharge the following assigned payroll benefits activities within required timelines:

Payroll Validation: Ensure accuracy and integrity in payroll processing by validating payroll inputs and outputs.
Salary Advances: Process salary advances in accordance with company policies.
Exit Management: Support the high volume employee exits by obtaining and documenting all necessary clearances, process full and final settlement, and issue required letters (including the showcause and termination letters abscinding or involuntary exit cases). Ensuring proper documentation and approvals in cases of payroll re

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