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Sr Executive - Compensation, Payroll & MIS

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Sr Executive - Compensation, Payroll & M...

LNT/SE-P-M/1541042

    LTST-L&T Semiconductor Technologies LimitedBengaluru
    Posted On
    30 Oct 2025
    End Date
    28 Apr 2026
    Required Experience
    2 - 5 Years

Skills

Knowledge & Posting Location

PAYROLL PROCESSING

Minimum Qualification

BACHELOR OF COMMERCE (BCOM)


Job Description

SECTION I: BASIC INFORMATION


Job Function


Human Resources


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


Bachelor’s degree in commerce / finance / HR


Language Skills


English & Hindi


EXPERIENCE


Years of Experience


2-5


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.

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