Senior Payroll Specialist (L07)

Role Title: Senior Payroll Specialist (L07) Company Overview : Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation’s most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is proud to be named as #3 as a Great Place to Work® in India and is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit  www.synchrony.com . Organizational Overview: The Payroll process is designed to ensure that employees are paid accurately and on time while maintaining compliance with statutory, tax, and organizational requirements. The payroll team is responsible for coordinating with HR, Finance, Benefits, and external partners to process monthly payroll, complete necessary checks and reconciliations, and ensure that all required approvals and controls are in place before salary disbursement. The process also encompasses statutory filings, tax reporting, pay slip generation, employee query resolution, and maintenance of accurate payroll records. Through strong governance, data accuracy, confidentiality, and continuous process improvements, Payroll contributes significantly to delivering a seamless and trusted employee experience.

Summary/Purpose: We are looking for a detail-oriented and employee-focused   Senior Payroll Specialist   to support end-to-end payroll operations, statutory compliance, benefits administration, reimbursements, and full & final settlement activities. The role requires strong knowledge of payroll processes, employee lifecycle transactions, statutory deductions, and payroll-related employee query management. The ideal candidate should be able to work with high accuracy, maintain confidentiality, manage timelines effectively, and collaborate with internal stakeholders including HR, Finance, Payroll vendors, Benefits teams, and employees.

Payroll Operations Manage employee additions, deletions, and payroll changes in the payroll system in a timely and accurate manner. Process monthly payroll inputs including salary changes, new hires, exits, reimbursements, deductions, recoveries, and other applicable components. Verify statutory and payroll-related deductions including   Professional Tax, Provident Fund, ESIC, Labour Welfare Fund , and other applicable deductions. Validate payroll registers to ensure accurate and error-free salary processing. Coordinate with the payroll team/vendor to share timely and accurate payroll inputs. Review payroll outputs and identify discrepancies before final payroll closure. Maintain accurate payroll records and documentation for audit and compliance purposes. Full & Final Settlement and Exit Support Ensure all   Full & Final settlements   are processed and closed within defined timelines. Collate and provide accurate exit-related inputs to the payroll team for F&F processing. Validate F&F registers for accuracy, including notice pay recovery, leave encashment, statutory deductions, gratuity, reimbursements, and other applicable payments or recoveries. Manage exit-related employee queries and ensure timely resolution. Support the processing of gratuity payments for eligible exited employees. Manage the exit mailbox, including responses to employment verification requests. Issue relieving letters, service letters, and other exit-related documents as per company policy. Statutory Compliance and Employee Support Support employees on   Provident