Senior Executive- Payroll & MIS Job in Bengaluru at Larsen & Toubro

Larsen and Turbo is hiring for the role of Senior Executive- Payroll & MIS!

Responsibilities of the Candidate:

• 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.
• 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.
• 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.
• Identify and implement process improvements for better accuracy and efficiency.
• Support digitization of reports, dashboards, and approvals.

Requirements:

• Proficiency in Microsoft Excel and HRMS/payroll systems.
• Working knowledge of statutory compliance basic accounting principles.
• Strong attention to detail, data accuracy, and communication skills.
• Ability to work collaboratively with multiple stakeholders.
• Bachelor’s degree in commerce / finance / HR.
• Language proficiency in English & Hindi.