Bimal A. Jani
Goregaon (East)
Summary
Accomplished Chief Operating Officer with extensive experience in payroll and HR operations, currently leading iProcess, a subsidiary of ICICI Bank, in Mumbai. Demonstrates expertise in statutory compliance, talent management, and client relationship management. Previously served as Vice President of Operations at HGS Limited, overseeing payroll delivery for over 100,000 employees across 40 companies. Proven track record in enhancing employee service experiences and stabilising business workflows through strategic IT operations planning. Skilled in compensation management, benefits benchmarking, and regulatory compliance. Career goal: to continue driving operational excellence and innovation within dynamic organisations. Dynamic Chief Operating Officer with a proven ability to enhance payroll and HR operations. Spearheaded the rollout of a new payroll application, ensuring accurate outcomes and regulatory compliance. Led initiatives to standardise labour-code practices and improve service delivery across the organisation.
Overview
35
35
years of professional experience
Work History
Chief Operating Officer
iProcess (ICICI Bank subsidiary)
Mumbai
10.2024 - Current
- Improved payroll service delivery by owning processing and maintaining statutory compliance.
- Strengthened employee service experiences by leading end-to-end HR operations delivery.
- Stabilised business workflows by planning IT operations and maintaining platform uptime.
- Delivered consistent HR support by leading 40 associates in daily execution.
- Reduced transition risk by managing HRMS application rollout and continuity checks.
- Enabled accurate payroll outcomes by setting up a new payroll application.
- Standardised labour-code practice across the organisation through successful rollout.
Vice President of Operations
HGS Limited
Mumbai
09.2000 - 09.2024
- Owned payroll delivery across 40 companies with 100000+ total headcount.
- Accounted for client relationship management while guiding phased client growth.
- Directed taxation and investment sessions to improve employee planning outcomes.
- Led advice on compensation structure, taxation strategy, and perquisites planning.
- Drove payroll regulatory compliance for TDS, PF, professional tax, ESI.
- Set expatriate payroll approach, ensuring accuracy in calculations and filings.
- Coordinated with statutory, internal, and system auditors for smooth audits.
- Oversaw gratuity and superannuation trust setup for client governance.
- Directed compensation and benefits benchmarking to inform strategic decisions.
- Managed HRIS design and payroll process integration for clients.
- Owned new client onboarding for full and final settlement operations.
- Governed expense reimbursement process delivery and adherence to policy.
- Built business control team to strengthen governance over processes.
- Defined improvement opportunities and led implementation planning with team leaders.
- Maintained separate data-file backups to protect payroll operations.
- Led mentoring and performance monitoring to hit targets consistently.
Financial Controller
Rabo India Finance Pvt. Ltd
11.1998 - 08.2000
- Reporting to Head of Operations/Managing Director.
- Accounting, MIS, statutory/tax audits
- Generation & Monitoring of Daily revenue report
- Head office reporting- Monthly Balance sheet & Profit/Loss account, Solvency, Country Risk, Active involvement in monthly management report
- Preparation of both revenue and costs Budgets. Monitoring of actuals against budgets on a regular basis.
- Implementation of ‘Transfer Pricing’. Calculation of Transfer prices for various maturities by taking inputs from treasury.
- Active participation while implementation of the Accounting System ‘Finserv’- Preparation of test Transactions- Conducting Use Acceptance Test- Approval of the final product.
- Implementation of Cost Centre Accounting- Ensuring that the costs are identified /allocated to the respective profit centers.
- Preparation of Accounting and Operations Policy Manual and regular updation.
- Business Continuity Plan (BCP) co-ordination- Preparation of BCP and Disaster Recovery Plan, Testing these plans periodically. Identifying weaknesses and regular updation of the plans.
Chief Operating Officer
Barclays Bank Plc
09.1996 - 10.1998
- Reporting to CEO/COO-India and to Head of Audit & Compliance at the Regional Head Office in Hongkong.
- Concurrent/Internal Audit of Credit Risk Management, Trade Services & Customer Services, Treasury and Back office operations.
- Monitoring of Credit/Exposure limits of various counter parties on a daily basis.
- Audit of Money Market transactions including Call borrowing, Govt. Securities, Commercial papers, Certificate of Deposits and Debentures.
- Audit of Foreign Exchange transactions including Spot and Forward transactions in INR/Foreign and Cross currency transaction.
- Information System Audit –Regular Software and Hardware inventory, Comparison of Software
- Handling RBI Inspection, Head office and Statutory Audit
- Ensuring compliance with local and head office regulations
- Interpretation of Central Bank guidelines and communicating the same to all concerned
- Advising top management on compliance related issues
- Monitoring submission of regulatory returns.
- Secretary to the Local Advisory Board
Assistant Manager
Lovelock & Lewes
05.1994 - 08.1996
- Reporting to Partner
- Statutory Audits/Management Audits of following Companies
- Philips India Limited
- Johnson & Johnson India Ltd.
- Essar Steel Ltd.
Articleship
Chokshi & Chokshi
05.1991 - 04.1994
- Reporting to Partner and handling Bank audits, Individual and Corporate taxation.
Education
C.A. Final -
Institute of Chartered Accountants of India
11-1993
CISA -
ISACA, USA
06-2002
Diploma in Labour Laws -
Bharat Ratna Dr. Babasaheb Ambedkar Institute of Management and Legal Research
05-2014
C.A. Inter -
Institute of Chartered Accountants of India
05-1992
B.Com -
H.R. College
Mumbai04-1991
CTM (Treasury & Forex Management) -
Institute of Chartered Financial Analysts of India
02-2001
Skills
- Payroll Operations
- HR Operations
- Talent Management
- Client Relationship Management
- Training Design and Implementation
- Team Leadership
- Compensation Management
- Benefits Management
- Salary Structure Design
- Statutory Compliance
- Regulatory Compliance
- Labour Compliance
- Tax Compliance
- Income Tax Advisory
- Labour Law Advisory
Timeline
Chief Operating Officer
iProcess (ICICI Bank subsidiary)
10.2024 - Current
Vice President of Operations
HGS Limited
09.2000 - 09.2024
Financial Controller
Rabo India Finance Pvt. Ltd
11.1998 - 08.2000
Chief Operating Officer
Barclays Bank Plc
09.1996 - 10.1998
Assistant Manager
Lovelock & Lewes
05.1994 - 08.1996
Articleship
Chokshi & Chokshi
05.1991 - 04.1994
C.A. Final -
Institute of Chartered Accountants of India
CISA -
ISACA, USA
Diploma in Labour Laws -
Bharat Ratna Dr. Babasaheb Ambedkar Institute of Management and Legal Research
C.A. Inter -
Institute of Chartered Accountants of India
B.Com -
H.R. College
CTM (Treasury & Forex Management) -
Institute of Chartered Financial Analysts of India