Executive - Compensation, Payroll & MIS
Please click on the Apply to verify the status of jobs posted more than 15 days ago, as they may have expired. Similar Jobs
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.
- 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 ImprovementFinanceReconciliationIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
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
Similar Jobs
View All




