Job Description

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Manager Finance

Job Location (Short): Hyderabad, India

Workplace Type: Onsite

Business Unit: Corporate

Req Id: 1649

Responsibilities

• Oversee end-to-end payroll processing, ensuring salaries, bonuses, and deductions are accurately calculated and disbursed on time.
• Validate employee salary structures, deductions (PF, ESI, Professional Tax, TDS), and allowances in line with company policies.
• Providing Payroll inputs to the service provider, manage employee wise Gross Pay and Net Pay reconciliations, and review to ensure accuracy and compliance.
• Coordinate with HR team for employee onboarding, exits, and salary revisions for the payroll data.
• Address payroll discrepancies, ensuring timely resolution of salary-related concerns.
• Handling Employee salary taxation
• Ensure payroll compliance with Indian labor laws, including EPF, ESI, Gratuity, and Professional Tax.
• Salary accounting in ERP and reconciliations with GL
• Handling audits (Statutory, Tax and Internal) for the compensation data
• Stay updated with changes in tax regulations and labor laws, ensuring smooth implementation.
• Handle accurate calculation, deduction, and remittance of TDS, PF, ESI, LWF, and other statutory obligations.
• File periodic statutory returns (PF, ESI, TDS, etc.) with relevant government authorities.
• Liaise with auditors, tax consultants, and government bodies during audits or inspections.
• Manage payroll software, automation tools, and digital payroll systems to enhance efficiency.
• Maintain payroll records, ensuring data security and confidentiality.
• Streamline payroll processes, reduce errors, and improve operational efficiency through automation and best practices.
• Conduct regular payroll audits to identify and correct discrepancies.
• Manage employee benefits such as gratuity, leave encashment, medical reimbursements, and performance bonuses.
• Oversee salary structuring, ensuring tax-efficient pay components for employees.
• Coordinate with finance and HR teams for bonus payouts, incentive structures, and reimbursement claims.
• Assist in preparing payroll budgets and forecasts, analyzing salary expenses for financial planning.
• Generate payroll reports, including headcount costs, tax summaries, and compliance reports, for management review.
• Address employee queries regarding salary calculations, tax deductions, and benefits.
• Handle payroll grievances and resolve discrepancies in a timely manner.
• Conduct payroll-related training and awareness sessions for employees when necessary.
• Ensure payroll-related policies align with company and regulatory standards.
• Mitigate risks related to salary payments, fraud prevention, and payroll system security.
  
  

Education / Qualifications

• B.com/M.com preferably with MBA (Finance)
• 12+ years of payroll experience, preferably in a finance function.
• Experience handling payroll in large organizations or multinational companies is advantageous.
• Strong knowledge of Indian payroll laws, tax regulations, and compliance requirements.
• Advanced knowledge in Excel and knowledge on Power BI is preferred
• Familiarity with Income Tax, PF, ESI, and labor laws.
• Strong analytical skills with experience in reporting and KPI tracking.
• Excellent communication and stakeholder management skills
• Working Knowledge on Microsoft Dynamics Business Central ERP (Navision)
  
  

About Hexagon

Hexagon is a global leader in digital reality solutions, combining sensor, software and autonomous technologies. We are putting data to work to boost efficiency, productivity, quality and safety across industrial, manufacturing, infrastructure, public sector, and mobility applications. Our technologies are shaping production and people related ecosystems to become increasingly connected and autonomous – ensuring a scalable, sustainable future. Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,000 employees in 50 countries and net sales of approximately 5.4 billion EUR.

About Hexagon’s R&d Center In India

Hexagon’s R&D Center in India is the single largest R&D hub for the company globally. Over 2,100 talented engineers and developers create innovation from this center that powers Hexagon's products and solutions.

It was established with Hexagon’s acquisition of Intergraph, the first IT MNC in Hyderabad and has now grown to deliver innovations and create solutions for all business lines of Hexagon including Asset Lifecycle Intelligence, Safety Infrastructure & Geospatial, Geosystems, Mining, Manufacturing Intelligence and Autonomous Solutions. It also hosts a few dedicated services teams for global implementation of Hexagon's products.

Hexagon is undergoing a global reorganization, resulting in the formation of two separate entities: core Hexagon and NewCo (a placeholder for internal communication). This job opening is for the role at NewCo in India comprising of 1650 colleagues. With the proposed split, NewCo globally will have 5,000 employees with a 1+ B€ annual revenue.

Why work for Hexagon?

At Hexagon, if you can see it, you can do it. Hexagon’s Asset Lifecyle Intelligence division puts their trust in you so that you can bring your ideas to life. We have emerged as one of the most engaged and enabled workplaces*. We are committed to creating an environment that is truly supportive by providing the resources you need to fully support your ambitions, no matter who you are or where you are in the world.

• In the recently concluded workplace effectiveness survey by Korn Ferry, a global HR advisory firm, Hexagon, Asset Lifecycle Intelligence division has emerged as one of the most Engaged and Enabled workplaces, when compared to similar organizations that Korn Ferry partners with.
  
  

Everyone is welcome

At Hexagon, we believe that diverse and inclusive teams are critical to the success of our people and our business. Everyone is welcome—as an inclusive workplace, we do not discriminate. In fact, we embrace differences and are fully committed to creating equal opportunities, an inclusive environment, and fairness for all.

Respect is the cornerstone of how we operate, so speak up and be yourself. You are valued here.

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