Rakesh Devlekar

Seasoned professional with 15+ years of proven record of accomplishment in wide gamut of HR functions which consists of managing complete life cycle of employees, statutory compliance, payroll management, HR Audit, HRMS Management across diverse roles in the organizational hierarchy with a various sector.

Senior Manager – HR at Mahindra Logistics Limited (2025-01 – 2025-10)

• Oversee end-to-end payroll processing for all India based employees.
• Review the payroll input file, ensuring accuracy, timelines and compliance with regulatory requirements, manage statutory compliances and HR audit.
• Ensure payroll processes adhere to labor laws and company policies.
• Review and liaise with team to ensure data updated correctly on the HRMS – Darwin Box
• Collaborate with HR, Finance and other department to gather necessary payroll input and resolve discrepancies on time.
• Liaise with external payroll vendor and ensure the delivery of effective and efficient payroll services.
• Maintain payroll related registers and other compliance register.
• Support audits like internal and external, and assist for query resolution during HR audits.

Manager – HR at Inspira Enterprise India Ltd. (2022-07 – 2024-09)

• Functioned as escalation point for Payroll and Full & Final related queries.
• Review the payroll input file, ensuring accuracy, timelines and compliance with regulatory requirements, manage statutory compliances and HR audit.
• Review and verify payroll data including timesheet and fixed and variable components.
• Review and liaise with team to ensure data updated correctly on the HRMS – Darwin Box
• Coordinate with HR, Finance and other department to gather necessary payroll input and resolve discrepancies on time.
• Ensure compliance with statutory regulations, tax laws and labor standards related to payroll and benefits across India.
• Maintain payroll related registers and other compliance register.
• Provide guidance and support to employees regarding payroll related inquiries, deductions and tax withholdings.
• Ensure accurate and timely processing of payroll updates including new hires, exit and changes to minimum wages.
• Prepare and maintains accurate records and reports of payroll transactions.
• Ensure compliance with statutory laws and best practices.
• Facilitate audits by providing records and documentation to auditors and assist for query resolution during HR audits.
• Lead the process on variable pay provisioning to provide an accurate estimate of variable pay spends in the company.
• Administer query resolution related to payroll, PF, ESIC and full and final settlements.
• Coordinate with external vendor/agencies to run the compliance for unit HR.
• Verification & reconciliation of monthly payroll, manpower, attrition data.
• Responsible for multiple MIS reports and Analytics regarding manpower, payroll and employee benefits with Standardization of reports for better decision making
• Manage the annual PMS exercise i.e. salary revision, rationalization and performance pay calculations.

Deputy Manager – HR at Bhanix Finance and Investment Ltd. (2019-07 – 2021-11)

• SPOC for Payroll, Full and Final Settlement, Compliance Management, HR Audits and Tax related queries.
• Prepare and review the payroll input file and ensure salary disbursed on time
• Review and liaise with team to ensure data updated correctly on the HRMS – ZingHR
• Ensured end to end Full and Final Settlement processed and issue relieving letter
• Scheduled monthly payroll and rolling with the stakeholder
• Partnered with other Department Heads for timely input of variable, incentive and other pay
• Ensured NPS should be deducted and get deposited on timely
• Statutory Compliance management like PT, PF, LWF, Gratuity and eTDS
• Ensured distribution of Form 16, pay slips, various form etc. to the employees
• Supported the annual PMS exercise i.e. salary revision, rationalization and performance pay calculations
• Liaised with auditors, support data requirement and assist query resolution during various HR audits.
• Provided data as per requirements for Internal HR Audit, Statutory Audit, Financial Audit and Due Diligence Audit
• Ensured addition/deletion data shared on time to Mediclaim Partner
• Ensured proper and accurate HRMS records updated and assist in Management reports
• Ensured and manage background verification, on-boarding, E-code creation and various letters generation
• Provided ex-employee verification details as per agreed TAT
• Overlook systems and methods, recommend and implement necessary changes

Senior Associate – HR at RBS Services India Pvt. Ltd. (The Royal Bank of Scotland Group) (2013-04 – 2019-03)

• Prepare and review the payroll input file, coordinate with teams and vendors
• Review and liaise with team to ensure data updated correctly on the HRMS – PeopleSoft
• Reconciliation of leave and attendance
• Prepared monthly head count for active and resigned employees
• Ensured salary to be processed on time
• Interacted with team members & vendor for smooth conduct of payroll
• Regular follow up as per the monthly payroll schedule
• Distribution of Form 16, pay slips, various form etc. to the employees
• Statutory Compliance management like PT, PF, LWF and eTDS
• Generated and share gratuity calculation sheet with employees
• Ensured Full and Final Settlement processed as per agreed TAT
• Ensured issue of relieving letter and other letters as per agreed TAT
• Managed employees grievances related to PF, Gratuity, ESIC, Pension, Payroll and Tax

Officer – HR at RBS Services India Pvt. Ltd. (The Royal Bank of Scotland Group) (2010-04 – 2013-03)

• Accountable for PeopleSoft ID creation for all new joinee
• Updated personal data, job data and other details against PeopleSoft ID
• Quality Assurance for the details keyed in PeopleSoft for PAN India
• In charge of monitoring and maintaining Leave Management System
• Generated Appointment and other employment letters

Trainee – HR at RBS Services India Pvt. Ltd. (The Royal Bank of Scotland Group) (2008-08 – 2010-03)

• Responsible for Pre-employment Screening (PES) for all new joinee
• Updated and organize records pertaining to all employees
• Provided Ex-employment verification as per agreed TAT
• Quality Assurance for documents uploaded on Document Management System (DMS) application

Masters in Human Resource – Welingkar Institute of Management (2015)

Bachelor of Management Studies – Anand Bhavan, Siddharth College (2008)