Executive - Compensation, Payroll & MIS

Department Icon Human Resource (HR)/ Talent Acquisition
121+ Applicants
Posted: 9 months ago
2-5 years
Bengaluru / Bangalore, Karnataka
work from office

Posted: 9 months ago
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Applicants: 122+
Job Description
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Job Description

Role

Executive / Senior Executive Compensation, Payroll & MIS

Reporting to: Lead C&B, PMS

Workplace Classification

Corporate Office (Bangalore)

SECTION II: ROLE SUMMARY

  • Support the design, execution, and governance of payroll, compensation, and reporting processes to ensure accuracy, compliance, and timely insights for management.

SECTION III: KEY RESPONSIBILITIES/ ACCOUNTABILITIES

Payroll Processing

  • Handle end-to-end domestic payroll independently, ensuring accuracy in salary computation and payouts.
  • Manage inputs such as attendance, new joiners, exits, variable pay, and recoveries.
  • Ensure timely disbursement of salaries and coordinate with Finance for final payments.
  • Validate calculation logic for earning and deduction heads to ensure alignment with company policy.
  • Manage final settlements for resigned employees.

Statutory Compliance

  • Compute and validate statutory deductions including PF, ESIC, Professional Tax, and Income Tax.
  • Prepare and file quarterly TDS return (Form 24Q) on behalf of employer and handle TRACES-related notices.
  • Maintain documentation for audits and compliance reporting.
  • Support year-end activities such as Form 16 issuance and tax reconciliation.

MIS & Reporting

  • Prepare and maintain monthly payroll MIS, dashboards, and reconciliation reports.
  • Generate analytical reports for management review (headcount, cost trends, overtime, etc.).
  • Maintain accurate employee data and payroll master files in HRMS.

Employee Support

  • Act as first point of contact for payroll and statutory deduction queries.
  • Coordinate with stakeholders to resolve payroll-related issues.

Automation & Process Improvement

  • Identify and implement process improvements for better accuracy and efficiency.
  • Support digitization of reports, dashboards, and approvals.

SECTION IV: KEY INTERACTIONS

Internal Stakeholder

Purpose of Interaction

HR Talent Acquisition & Business Partners

  • For employee data, onboarding, exits, issue resolution.

Finance & Accounts

  • For TDS deposits, budgeting, reconciliations, and statutory filings.

Shared Services Team

  • For system access, HRMS issues, and automation support.

Employees

  • For payroll and tax-related queries.

External Stakeholder

Purpose of Interaction

Statutory authorities

  • EPFO, ESIC, Income Tax Department for compliance coordination.

Auditors

  • For providing payroll and compliance data during reviews.

SECTION V: KNOWLEDGE & EXPERIENCE

KNOWLEDGE

Minimum Qualifications :Bachelors degree in commerce / finance / HR

Language Skills :English & Hindi

EXPERIENCE

Years of Experience : 2-5 years

Nature of Experience

End-to-end experience in HR operations, payroll management, compensation & benefits, statutory compliance Exposure to HR systems (SuccessFactors) is preferred

SECTION VI: TECHNICAL & LEADERSHIP / BEHAVIORAL SKILLS REQUIRED TO EXECUTE THE ROLE

SKILLS

Technical/Functional/Behavioral

Skills

  • Proficiency in Microsoft Excel and HRMS/payroll systems. (SuccessFactors preferred)
  • Working knowledge of statutory compliance basic accounting principles.
  • Strong attention to detail, data accuracy, and communication skills.
  • Ability to work collaboratively with multiple stakeholders.

Immediate Joinee preferred. Pl share cvs to [HIDDEN TEXT]

Skills

AccountingAccounting PrinciplesBudgetingStatutory ComplianceFinance & AccountsPayroll ProcessingReconciliationsProcess ImprovementFinanceReconciliation

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About Company

L&T Semiconductor Technologies Limited (LTSCT) is a fabless semiconductor company established in 2023 as a wholly owned subsidiary of Larsen & Toubro, launched with an initial investment of around USD 100 million.

LTSCT designs chips for automotive, industrial, energy and telecom applications, with an ambition to become the first global semiconductor company headquartered in India. It operates design centres across India, the United States, Europe and Japan.

Important dates & deadlines?

Application Deadline

25 Dec 25, 01:23 PM IST

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