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Join Deutsche Bank as a Performance & Reward Analyst in Bangalore, handling payroll accounting, SAP reconciliation, and statutory compliance.
Enjoy flexible benefits, career growth, and a supportive team environment.
Performance & Reward Analyst, AS Job ID: R0425674 Full/Part-Time: Full-time Regular/Temporary: Regular Listed: 2026-04-06 Location: Bangalore Position Overview Job Title: Performance & Reward Analyst, AS Location: Bangalore, India
Position Overview
Job Title: Performance & Reward Analyst, AS Location: Bangalore, India
Role Description
Payroll Accountant is responsible for correct accounting of payroll records, timely review and reconciliation of General Ledgers and Cost Centers. Booking of Payroll Accounting entries Actuarial True-up / True- down entries Reconciliation of SAP entries with the payroll register and assessing the impact on P&L and Balance Sheet. Performing variance analysis between SAP & Pay-register SAP GL reconciliation and reporting, coordination with various stakeholders for open entries Critically analyzing the compliance payments Coordination with various auditors during payroll audit (Tax Audit, Compliance audit, Statutory Audit etc.) RBI reporting for payroll records GST compliance for seconded employees
What we’ll offer you
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy Best in class leave policy Gender neutral parental leaves 100% reimbursement under childcare assistance benefit (gender neutral) Sponsorship for Industry relevant certifications and education Employee Assistance Program for you and your family members Comprehensive Hospitalization Insurance for you and your dependents Accident and Term life Insurance Complementary Health screening for 35 yrs. and above
Your key responsibilities
- Validation and reconciliation of all Payroll General Ledgers monthly / quarterly / annually.
- Ensuring adherence to timely salary cost booking in SAP.
- Ensuring timely payment and cost booking of various Payroll related statutory dues (Provident Fund, Profession Tax, Income Tax, Employee State Insurance, National Pension Scheme, Share Purchase plans etc.) into various group entities.
- Reviewing and monitoring unreconciled items in various bank accounts (for salary rejections) on monthly basis and accordingly responding to auditors and other stakeholders.
- Completing all Bank account reconciliations within the defined deadlines
- Front-ending HR, Payroll and Benefits related areas of various audits (Statutory, Tax, Group and Transfer Pricing).
- Ensuring timely Payroll related Withholding Tax Return filings for all the group entities.
- Managing the accounting, invoicing, compliance and reporting aspects of Seconded and Transferred employees (including GST impacts).
- Front ending with external statutory bodies (Tax Assessment, Scrutiny, appeals etc.) related to HR matters as and when required.
- Managing various data, reconciliation and disclosures as mandated by, but not limited to RBI, Company’s Act, SEBI, Income Tax, Transfer Pricing etc. for HR related matters.
- Ensuring timely actuarial valuation (Local and IFRS) for retirals across group entities and ensuring that the liabilities are suitably funded and accounted
Key Relationships/ Interactions
- Global and India HR Teams
- Global and India Finance Teams
- Global and India Legal Teams
- Global and India Group Tax Teams
- Payroll Vendor
- Other HR Vendors
- Internal Auditors
- Group Auditors
- Statutory Auditors
Your skills and experience
Suitable accounting degree required with 6-10 years of post-qualification experience in core Payroll accounting and related regulatory compliances. Hands‑on experience in ERPs such as SAP, Workday etc. BFSI experience preferred. Good written and oral communication skills
How we’ll support you
Training and development to help you excel in your career Coaching and support from experts in your team A culture of continuous learning to aid progression A range of flexible benefits that you can tailor to suit your needs
About us and our teams
Please visit our company website for further information: https://www.db.com/company/company.html We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.