Senior Finance Team Lead - APAC Payroll

Department Icon Accounting & Finance
137+ Applicants
Posted: 7 months ago
3-5 years
Chennai
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Posted: 7 months ago
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Applicants: 138+
Job Description
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Job Description

Your Growth
You are someone who thrives in a high-performance environment, bringing a growth mindset and entrepreneurial spirit to tackle meaningful challenges that have a real impact.
In return for your drive, determination, and curiosity, we’ll provide the resources, mentorship, and opportunities to help you quickly broaden your expertise, grow into a well-rounded professional, and contribute to work that truly makes a difference.
When you join us, you will have:
  • Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
  • A voice that matters: From day one, we value your ideas and contributions. You’ll make a tangible impact by offering innovative ideas and practical solutions. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
  • Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm’s diversity fuels creativity and helps us come up with the best solutions. Plus, you’ll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
  • Exceptional benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well-being for you and your family.
Your Impact
You will play a pivotal role as a Senior Team Leader, overseeing and managing the day-to-day operations of the Payroll team. In this role, you will ensure accurate and timely payroll processing, compliance with statutory requirements, and effective team management. You will collaborate with internal departments, external vendors, and auditors to support payroll operations and drive continuous improvement initiatives.
You will be responsible for supervising and leading the payroll team to ensure timely and accurate processing of employee salaries, benefits, and statutory deductions, as well as reviewing and validating payroll inputs such as attendance, bonuses, incentives, and reimbursements.
You will ensure compliance with local labor laws, tax regulations, and company policies, while coordinating with Human Resources, Finance, and other stakeholders to resolve payroll-related issues. As part of your role, you will perform final reviews and approvals of payroll reports, pay slips, and bank files, maintain and audit payroll records to support internal controls and audits (e.g., ICFR compliance, SOX), and manage month-end and year-end payroll activities, including reports, reconciliations, and filings (PF, ESI, TDS, etc.).
You will also lead initiatives for payroll system enhancements, automation, and process improvements, prepare MIS reports and payroll dashboards for senior management, and provide guidance, training, and performance feedback to team members. Acting as a point of escalation for complex or sensitive payroll matters, you will play a critical role in resolving issues effectively and efficiently.
In addition to managing payroll operations, you will partner with functional leadership to identify challenges, gather necessary information, and develop practical solutions. 
You will assess team members’ performance objectively, identify training needs, and organize appropriate development programs. Regularly providing constructive feedback, you will foster a culture of continuous improvement and resolve conflicts between team members with professionalism and efficiency.
This role is based in our Chennai & Gurugram offices, where you will be part of our Global Payroll team, working in close coordination with office accounting, firm colleagues, and the applications support team.

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Your qualifications and skills
  • Educational background in Commerce or Business Administration, with a Masters degree preferred; a Bachelors degree in Finance or Accounting is required
  • 8+ years of experience in corporate and/or professional services environments
  • Minimum of 8+ years of relevant payroll experience, including at least 3 years of experience leading a team of 5 or more members within a multinational shared services environment
  • Hands-on experience in payroll transformation projects, including system implementation/testing, payroll comparison, parallel runs, data validation, and ensuring data accuracy, integrity, and proper archival
  • Proficiency in payroll software (e.g., SAP, Oracle, ADP, etc.) and MS Excel
  • Exposure to managing global clients and working in a cross-functional, multicultural environment
  • Strong knowledge of payroll processes, labor laws, and statutory compliance
  • Exceptional attention to detail and a high degree of accuracy
  • Excellent organizational and problem-solving skills
  • Strong leadership and team management capabilities
  • Ability to handle confidential information with integrity

Skills

AccountingPayroll ProcessingReconciliationsFinance

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About Company

McKinsey & Company India Careers 2025 – Overview

McKinsey & Company, founded in 1926 by James O. McKinsey, is a New York City‑based global management consulting firm that advises leading businesses, governments, and institutions across the private, public, and social sectors.

With offices in 65+ countries and a team of ~45,000 professionals worldwide, McKinsey delivers expertise in strategy, operations, technology, digital transformation, sustainability, and AI‑driven innovation.

In India, McKinsey operates from hubs in Gurugram, Mumbai, Bengaluru, and Chennai, employing ~1,150–1,200 consultants and specialists. The firm is known for its rigorous problem‑solving approach, deep industry knowledge, and ability to deliver measurable impact for clients.

Business Model

McKinsey operates as a project‑based B2B professional services firm, generating revenue through high‑value strategic and operational consulting engagements.

Its model blends:

  • Top‑tier problem‑solving frameworks with deep industry expertise
  • Global knowledge networks with local market insights
  • Long‑term client relationships built on trust and measurable results

Strategic priorities for McKinsey India include:

  • Expanding digital, analytics, and AI capabilities
  • Growing sustainability and climate transition advisory
  • Strengthening implementation and transformation services alongside strategy
  • Investing in talent development and diversity initiatives

Recent Wins & Recognition

  • Advised a leading Indian conglomerate on a multi‑billion‑dollar renewable energy transition strategy (https://www.mckinsey.com/industries/electric-power-and-natural-gas/our-insights).
  • Partnered with a major Indian bank to implement AI‑driven credit risk modelling (https://www.mckinsey.com/capabilities/risk-and-resilience/our-insights).
  • Published the India’s Turning Point 2025 report outlining pathways to $10 trillion GDP by 2035 (https://www.mckinsey.com/featured-insights/asia-pacific/indias-turning-point).
  • Recognised among Top 10 Most Prestigious Consulting Firms Globally in Vault’s 2025 rankings (https://firsthand.co/best-companies-to-work-for/consulting).

Culture & Values

McKinsey’s culture is anchored in its Obligation to Dissent, Client First mindset, and commitment to professional development.

Core values include:

  • Adhere to the highest professional standards
  • Improve clients’ performance significantly
  • Create an unrivaled environment for exceptional people

The firm promotes diversity, equity, and inclusion, offers global staffing opportunities, and invests heavily in continuous learning through McKinsey Academy and leadership programs.


Client‑Facing Practices

Strategy & Corporate Finance

What it is – Core strategic advisory for CEOs and boards. India work includes:

  • Corporate Strategy – Growth, portfolio, and market entry strategies.
  • M&A Advisory – Deal strategy, due diligence, and integration.
  • Performance Transformation – Large‑scale cost and growth programs.

Operations

What it is – End‑to‑end operational excellence. India work includes:

  • Manufacturing & Supply Chain – Lean operations, procurement, logistics.
  • Product Development – Innovation and time‑to‑market acceleration.
  • Capital Projects & Infrastructure – Planning and execution excellence.

Digital & Analytics (McKinsey Digital)

What it is – Technology‑driven transformation. India work includes:

  • Digital Strategy – Roadmaps for digital transformation.
  • Advanced Analytics – AI/ML solutions for business impact.
  • Cybersecurity – Risk assessment and resilience building.

Sustainability & ESG

What it is – Helping clients transition to net‑zero and sustainable operations. India work includes:

  • Climate Strategy – Decarbonisation pathways.
  • Circular Economy – Waste reduction and resource efficiency.
  • ESG Reporting & Compliance – Framework design and assurance support.

People & Organizational Performance

What it is – Talent, leadership, and culture transformation. India work includes:

  • Leadership Development – Coaching and succession planning.
  • Organisational Design – Structure and governance optimisation.
  • Change Management – Driving adoption of transformation initiatives.


Read More

Important dates & deadlines?

Application Deadline

09 Nov 25, 12:22 PM IST

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Senior Finance Team Lead - APAC Payroll

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