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Streamlined Payroll Processor role at Deutsche Bank – Bangalore, full-time financial compliance expert.
Enjoy comprehensive benefits, flexible work options, and growth opportunities in a leading banking institution.
Position Overview
Payroll Processor, AS Job ID: R0425673 Full/Part-Time: Full-time Regular/Temporary: Regular Listed: 2026-04-06 Location: Bangalore
Job Title: Payroll Processor, AS Location: Bangalore, India
Role Description
Performance & Reward is responsible for the design and implementation of performance, remuneration and incentive programmes.
Work includes Researching and analysing key perspectives (current performance systems and compensation & benefits offerings, external labour market, cost and workforce requirements)
Overseeing the global design and/or governance and/or performance of core performance, reward and/or benefits policies, products and processes
Incorporating traditional performance frameworks, compensation and benefits elements and work/life benefits
Exploring innovative opportunities (e.g. for segmentation) to enable certain performance driving areas of the business to offer fundamentally different packages and processes
Ongoing management, communication, and monitoring of performance management and plan results
Partnering with relevant stakeholders, for example suppliers, clients and regulators in global design/performance teams, and business stakeholders in regional delivery teams.
What we’ll offer you
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.
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.
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
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.
Legal Notice
We welcome applications from all people and promote a positive, fair and inclusive work environment.