People Matter

Sr Payroll Specialist



Accounting & Finance
Hyderabad, Telangana, India
Posted on Wednesday, May 31, 2023

At F5, we strive to bring a better digital world to life. Our teams empower organizations across the globe to create, secure, and run applications that enhance how we experience our evolving digital world. We are passionate about cybersecurity, from protecting consumers from fraud to enabling companies to focus on innovation.

Everything we do centers around people. That means we obsess over how to make the lives of our customers, and their customers, better. And it means we prioritize a diverse F5 community where each individual can thrive.


Payroll Compliance, Analysis & Accounting

  • Plan, coordinates and manages payroll across APAC countries and ensure that payroll cycles and deadlines are adhered to; statutory withholdings and/or employer contributions (e.g. pensions, insurance, etc) are filed & paid timely; annual income tax filings are completed within the statutory deadlines.

  • Keep abreast with payroll regulatory changes in APAC countries; identify, analyze, and highlight tax, legal and/or social considerations (including complex issues such as stock based compensation) resulting from any such changes and/or from staff transfers, international assignments, severance, terminations, new payroll policies or processes; and work with Corporate Legal, Tax, HR and 3rd party payroll vendors to ensure resolution.

  • Responsible for employee income/gains from employee share purchase (“ESPP”) scheme, stock option and share grants to be correctly computed and filed in accordance with local regulatory standards.

  • Assist in budgeting and forecasting of all payroll related costs.

  • Oversees and support the implementation of payroll-related initiatives, projects, and process improvements to enhance efficiency and effectiveness.

  • Assure through audits, reports, and personal contact, that payroll policies and processes are consistently administered in compliance with company policies and statutory regulations.

  • Ensure compliance with SOX, internal and external audit of payroll related accounts.

  • Serve as a subject matter expert and/or resource in areas of payroll regulations and processing.

  • Analyze, research, identify alternative solutions and respond to complex matters requiring comprehensive knowledge of payroll policies and procedures.

  • Conduct ad hoc analysis and reporting as requested by Payroll Manager, HR, Legal, Tax and other corporate management with minimal guidance and supervision.

  • Ensure agreed SLAs and timelines are defined for all processes and adhered to.

  • Perform other related duties as assigned.

Knowledge, Skills and Abilities

  • High level of confidentiality and integrity are required.

  • Capable of working under time constraints and meeting tight deadlines.

  • Highly organized and ability to multi-task. Extensive knowledge of Excel

  • Knowledge of stock compensation and payroll regulations and statutory requirements in APAC countries advantageous.

  • Experience in India payroll and payroll compliances is mandatory.

  • APAC payroll experience is an added advantage

  • Workday, Oracle, and ADP Streamline knowledge advantageous.

  • Strong communicator with the ability to influence and lead.

  • Ability to engage with senior management in areas of payroll and decision making.


  • Bachelor’s degree in Accountancy, Finance, or related professional qualification.

  • More than 6 years relevant professional experience.

  • Experience in supervisory capacity advantageous.

  • Experience in payroll/financial analysis in an IT MNC advantageous.

Physical Demands and Work Environment

  • Duties are performed in a normal office environment while sitting at a desk or computer table.

  • Duties require the ability to utilize a computer, communicate over the telephone, and read printed material.

  • Duties may require being on call periodically and working outside normal working hours (early mornings, evenings, and weekends).

The Job Description is intended to be a general representation of the responsibilities and requirements of the job. However, the description may not be all-inclusive, and responsibilities and requirements are subject to change.

Please note that F5 only contacts candidates through F5 email address (ending with or auto email notification from Yello/Workday (ending with or

Equal Employment Opportunity