Associate Director - Payroll & Compliance

Role : HR Payroll and Compliance Mumbai, Maharashtra, India Details Designation : Associate Director - Payroll & Compliance Core Areas : Payroll & Compliance Qualification : from reputed college Our Story Founded in 2021 by Stanford University dropouts, Aadit Palicha and Kaivalya Vohra, Zepto is India’s fastest growing e-grocery company valued at $1.4 Billion following its recent Series-E fundraise of $200 Million from marquee global investors including StepStone Group, Goodwater Capital, Y Combinator Continuity, Kaiser Permanente, Nexus Venture Partners, Glade Brook Capital, and Lachy Groom. Headquartered in Mumbai, Zepto is present across 10 major cities in the country, 1000+ employees strong, and delivers 5000+ products, including fresh fruits and vegetables, daily cooking essentials, dairy, health-and-hygiene products, etc., to Indian homes within 10 minutes. Through strong tech capabilities, an efficient business model, and a network of highly optimized delivery centers across its 10 locations, the company is revolutionizing the Indian grocery segment currently pegged at $600 Billion, making it easier and more convenient. Beyond groceries, Zepto has also introduced a cafe offering that allows customers to order Coffee, Chai, and other Café items, along with their groceries. About the role

• Smooth Exit and F&F Process with transparency to employees. Provide F&F Working before payout and then release payout and Experience cum Relieving letter within 45 days from date of exit
• Prepare, audit and process monthly payroll and off cycles whenever necessary with regular monthly reconciliation and audits. Maintain overall Payroll Masters. Coordinate with Payroll vendors and share timely regular inputs for payroll registers. Get the Salary register and audit it the same. Get corrections done as appropriate and share the final salary register and Bank File to Finance team for payout
• Share off-cycle payment release if any, such as Hold salary release, advance salary release, OT payments, any other ad hoc payment through salary.
• Validate the tax computation on salary throughout and forecast.
• Get the Flexi Benefits and Investment proofs validated through vendors and do sample checks on a monthly basis.
• Conduct sessions with employees PAN India on regular basis on multiple aspects of Payroll, taxation on salary, Portal usage, Salary window, Leave and Attendance etc.
• Audit the Payroll data monthly and also share the frequent inputs required for Due Diligence across the org from HR And Payroll perspective.
• Manage team member/s in HR Operations team as per the requirement
• Maintain HR Cost from HR Ops perspective and share with COE team monthly including wage cost, recruitment cost, Actual spend in previous month, provision for TA Vendors, Admin cost and provisions
• Ensure all statutory HR compliance are met which includes PF, PT, ESIC, LWF, Maternity, POSH Filing and policy update, any other statutory compliances as required by the law. Annual compliance and Monthly Compliance for employees PAN India.
• Coordinate with HR Compliance vendor for working files, challans, payouts on or before the statutory timelines and ensure no penalties/interest are levied
• Compliance Monthly Audit against Checklist to ensure lesser vendor dependency
• Payroll Master update on DB And HGS with integration
• Increase over all efficiency and accuracy of current processes and set raised benchmarks and standards of output performance
• Audit the data on Referral, Vendor Payouts for TA vendors
• Attend certification courses and get cross trained on sub-processes to ensure we have back up for all processes within the team
• Respond to employee queries within 3 working days
• Improve the existing process to next level taking a leap from the current state to a high level either saving cost or improving customer experience to high level
• Any other activity as required under HR Payroll and Compliance or within HR Operations processes

• Zepto is on a blitzscaling path unlike any other startup today. Be the flagbearer for the financial process in this journey.
• The opportunity to join India’s next Unicorn is rare. So, we’re giving our team strong equity to create lasting wealth as our company grows.
• Interested? Reach out to careers@zeptonow.com.