Finance Manager - Employee Cost Management

Description

We are hiring: Finance Manager – Employee Costs

Mumbai, India | Estée Lauder Companies

Are you a finance professional with strong experience in employee cost management, payroll accounting and statutory compliance?

Join The Estée Lauder Companies in Mumbai, partnering with HR, Payroll, Finance and Tax teams to manage employee costs, deliver accurate reporting and strengthen financial controls.

What you’ll do

Budgeting and analysis: Prepare employee cost budgets covering salaries, bonuses, benefits and employee provisions. Track monthly costs against budget and prior year, providing clear explanations of variances.

Accounting and accruals: Manage monthly employee cost accounting, including provident fund, gratuity, leave encashment and other provisions, ensuring accurate accruals and timely reversals.

Payroll tax and compliance: Manage salary TDS compliance, reconciliations, Form 24Q and Form 16, alongside Provident Fund, Professional Tax and other applicable employee-related statutory requirements.

Notices and assessments: Coordinate responses to PF, Professional Tax, TDS and GST notices, working with government authorities and external consultants to ensure timely resolution.

Payroll reconciliations: Reconcile payroll reports and salary registers with accounting entries and the General Ledger, investigating and resolving discrepancies.

Controls and improvement: Strengthen payroll and employee cost controls, streamline processes and identify opportunities for automation.

What you’ll bring

• Experience in employee cost budgeting, payroll accounting and reconciliations.
• Strong working knowledge of Indian payroll tax and employee-related statutory compliance.
• Attention to detail and the ability to translate financial data into clear insights.
• Confidence coordinating across teams and working with external consultants and authorities.
• A practical approach to improving processes and managing monthly deadlines.