Sr Executive

3 days ago

Bengaluru, Karnataka, India L&T Technology Services Ltd. Full time ₹ 6,00,000 - ₹ 12,00,000 per year

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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