Job Description

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)

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.