Sr Executive - Compensation, Payroll & MIS

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.