PX Operations is the backbone of SKF’s people experience, a global team committed to delivering precision, reliability, and service excellence. The team ensures the essential moments in every employee’s journey work flawlessly including accurate pay, clean and trusted data, efficient lifecycle services, and fast, clear support. SKF's purpose is to create a better tomorrow and PX Operations enables it by building a people experience that is simple, digital, and consistent across borders, allowing colleagues to stay focused on innovation, performance, and customer success.
What We Stand For
Precision you can trust Our services work the first time, every time.
Simplicity that empowers We streamline and standardize processes so work flows effortlessly.
A global network We collaborate across cultures, regions, and functions to deliver one SKF experience.
Continuous improvement We take ownership, act fast, and always look for better ways to serve.
Human-centered design Every interaction matters and we make it clear, supportive, and meaningful.
Why Join PX Operations
Here, your work has direct impact. You help shape the employee experience for thousands of colleagues across the world. You grow by working in a truly global environment, building networks, developing new skills, and contributing to improvements that scale across SKF.
You join a culture that values ownership and accountability, encourages ideas, and empowers you to act. A place where every process you improve, every solution you shape, and every service you deliver contributes to a better tomorrow.
PX Operations - Precision in Service. Better Tomorrow in Motion.
Job Description
Role Title: Deputy Manager – Payroll India
Location: Pune
Purpose of the Role
To support and manage end-to-end payroll operations for multiple legal entities which includes both blue collar and management staff payroll, ensuring accurate and timely salary processing, statutory compliance, reconciliation, and effective query resolution while coordinating closely with HR, Finance, and external stakeholders.
Key Responsibilities
Manage the end-to-end payroll which includes Full & Final settlement process for blue collar and white collar employees for multiple legal entities.
Prepare and validate salary payout files. Coordinate with banks and treasury teams for timely salary disbursement.
Perform monthly payroll reconciliation including salary registers vs. bank payouts.
Perform reconciliation of statutory deductions vs. returns.
Perform reconciliation of payroll vs. finance books.
Work closely with Finance for payroll posting and closure.
Provide payroll reports, accruals, and provisions including bonus, leave encashment, gratuity, and related payroll components.
Support month-end and year-end closing activities.
Ensure compliance with applicable labour laws and statutory requirements.
Support timely filing of returns including PF, ESI, PT, and TDS.
Assist in internal, external, and statutory audits.
Address employee payroll queries related to salary, tax, deductions, and benefits.
Provide clear and timely resolutions.
Maintain a high level of service orientation.
Generate payroll MIS reports including cost analysis, headcount, and variance reports.
Maintain payroll documentation, SOPs, and audit trails.
Support automation and process improvement initiatives.
Coordinate the development and changes in the Payroll System with the software provider.
Streamline ways of working by institutionalizing comprehensive SOPs and robust payroll-to-finance reconciliation frameworks, ensuring 100% accuracy in statutory filings including PF, ESI, and TDS and seamless internal and external audits.
Engineer advanced MIS reporting structures and variance analysis templates to provide leadership with real-time cost insights, enabling more proactive decision-making during month-end and year-end closures.
Key Interfaces Internally
Controlling and Finance.
HR and Admin teams.
Legal and IT.
Internal Audit.
Employees and Managers.
Key Interfaces Externally
EPFO, ESIC, and Income Tax departments.
External Auditors.
Payroll Systems Providers.
People Reporting.
The role leads a team of at least 1-2 members.
What You Bring
Postgraduate in Commerce. MBA in HR or Finance is preferred.
8–10 years of experience in managing payroll and financial compliances in medium or large organizations.
Functional Competencies
Contemporary Payroll Systems knowledge and usage experience.
Related Accounting processes knowledge.
Audits Management.
Strategic mindset.
Business Acumen.
Strong process and system orientation.
Analytical ability.
Behavioral Competencies
Leadership and team management competence.
Creative thinking.
Futuristic approach.
Networking skills.
Cross-functional collaboration.
What We Offer
The opportunity to make a real impact on the employee experience at a national scale.
A collaborative environment with exposure to global PX operations and international colleagues.
Continuous learning and development in payroll systems, digital tools, and process excellence.
A culture that values ownership, encourages ideas, and supports personal growth.
A chance to contribute to SKF’s purpose of creating a better tomorrow.
About SKF
SKF has been around for more than a century and today is one of the world’s largest global suppliers of bearings and supporting solutions for rotating equipment. With more than 40,000 employees in around 130 countries, SKF is truly global. Its products are found everywhere in society. Wherever there is movement, SKF’s solutions might be at work. This means that SKF is an important part of the everyday lives of people and companies around the world.
