Open To Work
Raghavendra M
Bangalore Urban
Summary
Seasoned professional with over 19 years in payroll and HR operations, excelling in compliance with wage regulations across India, USA, and Singapore. Key contributor to implementing the Code on Wages 2025, ensuring alignment with new payroll standards. Expertise in employee lifecycle management, compensation, benefits & perks, reporting and HR audits. Proven ability to drive process improvements, delivered significant business impacts through high-stakes decisions and business restructuring, hands-on experience in mergers & Demerger activities.
Overview
20
20
years of professional experience
1
1
Certification
Work History
Senior HR Manager - Payroll
Razorpay Software Ltd
Bangalore Urban
08.2025 - Current
- Lead end-to-end payroll operations ensuring accurate, timely, and compliant payroll processing across multiple geographies.
- Led team of 4-5 payroll professionals to achieve efficient payroll operations across diverse geographies.
- Ensured statutory compliance and governance for payroll processes in India, USA, and Singapore, coordinating with ADP and SuccessFactors.
- Managed payroll accounting, supported audits, and implemented process improvements, including SAP payroll postings and GL reconciliations.
- Administered compensation and benefits, including ESOPs, bonuses, gratuity, leave encashment, and flexible benefits.
Senior HR Manager - Payroll and Compliance
Capfloat Financial Service Pvt Ltd - AXIO
Bangalore Urban
11.2018 - 08.2025
- Managed implementation and compliance of Code on Wages, 2019, leading salary restructuring and payroll adjustments to align with 50% basic wage rule and statutory regulations.
- Develop a framework & provide guidance for Statutory Compliance - All Remittance, Withdrawal, Transfers etc.
- Process Owner for Payroll & Off-boarding of India Location managing 2300 headcount.
- Manage employee compensation programs including ESOP administration, salary benchmarking, company car scheme, and employee loan programs.
- Supported management reporting for stakeholders (finance, HR) to ensure accurate data and insights.
- Partnered with accounting team and stakeholders to reconcile payroll costs, enhancing financial accuracy.
- Collaborated with the finance team to reconcile payroll costs.
- Reviewed salaries to benchmark against relevant market standards and fit salaries for all grades.
HR Manager - Payroll and Compliance
Kotak Mahindra Bank Ltd
Mumbai
12.2011 - 11.2018
- Managed payroll operations for 45,000+ employees across Kotak Group entities, including Kotak Mahindra Bank Ltd., Kotak Mahindra Prime Ltd., and Kotak Mahindra Investment Ltd.
- Executed timely and accurate payroll processing for all entities, contributing to employee satisfaction and compliance.
- Reviewed payroll input files and coordinated with business and HR operations to ensure data accuracy and compliance.
- Coordinated payroll activities with Cynergy Service Pvt. Ltd., achieving error-free salary processing through effective collaboration.
- Ensure Inputs Consolidation/Conversion. (CTC Change, New Joinee, Relocation Allowance, Inter Company Transfer Data, Company Car, Emergency Loan, LOP and Contract Extension Letter etc.)
Sr. Officer - BPO Operations (For Client: Wells Fargo & MTS Broadband)
Allsec Technologies Ltd
Chennai
05.2010 - 12.2011
- Processed monthly payroll for 30,000 employees, ensuring accuracy based on data from client's HR department.
- Statutory matters - PF, PT, ESI - payments, filing of returns, settlements & Coordination with clients.
- Resolved employee queries related to payroll, enhancing communication and support.
- Compiled bank transfer files according to client specifications, facilitating timely payments.
Sr. Assistant - HR
GMR Group
Bengaluru
04.2008 - 05.2010
- Coordinated payroll activities and audits, ensuring accurate and timely processing of employee payments.
- Ensured compliance with statutory regulations related to PF, PT, ESI, and TDS to support employee benefits.
- Periodical SAP update for loans, new Joinees, CTC, promotion, reimbursements, IT declarations, etc.
- Maintained vendor relationships and collaborated with regional HR on payroll processes, addressing employee inquiries on statutory and payment matters.
- Reimbursement claims processing (Medical, LTA, telephone, relocation, etc.).
Associate - MIS (For clients - Cisco, IBM, Texas Instruments, LG, and Nokia)
Mafoi Management Consultant Ltd
Bengaluru
07.2007 - 04.2008
- Rolled out offers for on-site employees, processed payroll, addressed employee queries for clients, and generated attrition and addition reports.
- Managed employee leave, tracked attendance, handled exit processes, and generated related reports.
Project Trainee
WIPRO Technologies
Bengaluru
09.2006 - 07.2007
- Managed statutory compliance activities and coordinated with the compliance and Payroll Team.
Education
Postgraduate Certificate - Human Resource Management
XLRI Jamshedpur
03-2026
Bachelor of Business Management -
RJSIMS
Bangalore12-2006
Pre - University Course -
Stracey Memorial Composite College
Bangalore12-2002
Secondary School Leaving Certificate -
St. Aloysius High School
Bangalore12-2000
Skills
- Payroll Operations
- Compensation Management
- Regulatory Compliance
- Tax Compliance
- Employee Benefits & Retirals
- HR Operations
- Cost Budgeting
- Business Restructuring
- Resource Optimizations
- New System Implementations
- New Process Introductions
- SAP - HCM and MM Modules
- Oracle - PeopleSoft
- MS Office Suite / Google Office
Certification
- Certificate of Appreciation - The Growth Hacker for the Exceptional Work - Axio
- Certificate - The Praxeum Foundations Leadership Program
- Certificate of Merit - HR Operational Excellence Level II
- Certificate of Merit - HR Operational Excellence Level I
References
Available on Request.
Work Preference
Job Search Status
Open to workWork Type
Full TimeLocation Preference
On-SiteSalary Range
₹0/yr - ₹200000/yrTimeline
Senior HR Manager - Payroll
Razorpay Software Ltd
08.2025 - Current
Senior HR Manager - Payroll and Compliance
Capfloat Financial Service Pvt Ltd - AXIO
11.2018 - 08.2025
HR Manager - Payroll and Compliance
Kotak Mahindra Bank Ltd
12.2011 - 11.2018
Sr. Officer - BPO Operations (For Client: Wells Fargo & MTS Broadband)
Allsec Technologies Ltd
05.2010 - 12.2011
Sr. Assistant - HR
GMR Group
04.2008 - 05.2010
Associate - MIS (For clients - Cisco, IBM, Texas Instruments, LG, and Nokia)
Mafoi Management Consultant Ltd
07.2007 - 04.2008
Project Trainee
WIPRO Technologies
09.2006 - 07.2007
Postgraduate Certificate - Human Resource Management
XLRI Jamshedpur
Bachelor of Business Management -
RJSIMS
Pre - University Course -
Stracey Memorial Composite College
Secondary School Leaving Certificate -
St. Aloysius High School