FactSet creates flexible, open data and software solutions for over 200,000 investment professionals worldwide, providing instant access to financial data and analytics that investors use to make crucial decisions.  

At FactSet, our values are the foundation of everything we do. They express how we act and operate, serve as a compass in our decision-making, and play a big role in how we treat each other, our clients, and our communities. We believe that the best ideas can come from anyone, anywhere, at any time, and that curiosity is the key to anticipating our clients’ needs and exceeding their expectations.  

You're Team Impact

The Lead Payroll Specialist is responsible for overseeing and managing end-to-end payroll operations for India locations. This role ensures accurate, compliant, and timely payroll processing by leading payroll system implementation, vendor management, statutory compliance, and payroll governance. The position plays a critical role in developing payroll policies, maintaining payroll databases, and acting as a subject matter expert for payroll-related matters.

What you'll do

Payroll/Accounting – 30%

• To ensure the payroll is processed for all the active employees

• Prepare SOP’s, Control Matrix and FAQ’s

• Manage end-to-end India payroll processing, ensuring timely and accurate salary disbursement.

• Review payroll inputs, calculations, deductions, reimbursements, bonuses, and full & final settlements.

• Ensure payroll data accuracy and resolve discrepancies prior to payroll closure.

• Processing the special payments as per the Global payroll team’s data

• validate pay sheets and related reports

• Involved in employee communication regarding any changes/amendments and new processes, if any

• Basic knowledge of the accounting procedures

Statutory Compliance – 20%

• Ensure compliance with all Indian statutory and labor law requirements, including PF, ESI, PT, LWF, TDS, Gratuity, and other applicable regulations.

• Responsible for the office compliance, registrations and renewals like Shops & Establishment Act and other acts

• Review any process changes as per the statutory changes/amendments

• Review compliance audits and responding to the notifications if, any based on the amendments

• Manage the International Workers PF compliance

• Maintain the monthly, biannual and annual trackers as per the statutory acts and laws

• Prepare and review statutory filings, challans, returns, and documentation.

Audits and Inspections – 20%

• Lead and coordinate internal audits, statutory audits, tax audits, and external audits related to payroll.

• Handle inspections and inquiries from statutory authorities (PF, ESI, Labor Department, Income Tax, etc.).

• Ensure timely closure of audit observations and implementation of corrective and preventive actions.

• Maintain audit-ready payroll records and documentation at all times.

• Compliance Audit- Third party vendors of FDS-India

Compensation – 20%

• Preparation of the Bonus calculations, Budgets and IJP compensation proposals

Vendor Compliance – 10%

• Payroll vendor relationship management including monitoring vendor performance against service level agreements (SLAs)

• Promote and reinforce FactSet culture, values, and delivery standards among payroll vendors to ensure alignment in mindset, service quality, and operational execution.

What We're Looking For

• 9+ years’ experience in payroll, Labour law, taxation and statutory compliance

• Ability to effectively work with diverse cultures in a global team • Excellent Excel skills

• Hands-on experience in payroll accounting, reconciliations, and statutory compliance.

• Proven experience in managing audits and statutory inspections related to payroll.

• Hands-on experience with payroll systems, ERP, and third-party payroll vendors.

• Strong communication and facilitation skills, collaborate to achieve results in matrix environment

• Excellent interpersonal, communication skills and a flexible approach.

• Well organized, and eye to minor detail

• Master’s degree required

What's In It For You

At FactSet, our people are our greatest asset, and our culture is our biggest competitive advantage. Being a Fact Setter means:

The opportunity to join an S&P 500 company with over 45 years of sustainable growth powered by the entrepreneurial spirit of a start-up.

Support for your total well-being. This includes health, life, and disability insurance, as well as retirement savings plans and a discounted employee stock purchase program, plus paid time off for holidays, family leave, and company-wide wellness days.

Flexible work accommodations. We value work/life harmony and offer our employees a range of accommodations to help them achieve success both at work and in their personal lives.

A global community dedicated to volunteerism and sustainability, where collaboration is always encouraged, and individuality drives solutions.

Career progression planning with dedicated time each month for learning and development. · Business Resource Groups open to all employees that serve as a catalyst for connection, growth, and belonging.

Company Culture and Benefits: At our organization, we foster a collaborative and inclusive culture that encourages growth and innovation. We offer competitive benefits and provide ample opportunities for professional development, paving the way for exciting career advancement within the Financial-Technology industry.

Learn more about our benefits here.

Salary is just one component of our compensation package and is based on several factors including but not limited to education, work experience, and certifications.

Company Overview: 

FactSet (NYSE:FDS | NASDAQ:FDS) helps the financial community to see more, think bigger, and work better. Our digital platform and enterprise solutions deliver financial data, analytics, and open technology to more than 8,200 global clients, including over 200,000 individual users. Clients across the buy-side and sell-side, as well as wealth managers, private equity firms, and corporations, achieve more every day with our comprehensive and connected content, flexible next-generation workflow solutions, and client-centric specialized support. As a member of the S&P 500, we are committed to sustainable growth and have been recognized among the Best Places to Work in 2023 by Glassdoor as a Glassdoor Employees’ Choice Award winner. Learn more at www.factset.com and follow us on X and LinkedIn. 

At FactSet, we celebrate difference of thought, experience, and perspective. Qualified applicants will be considered for employment without regard to characteristics protected by law.