Team Lead – Compensation & Benefits Jobs

Position Purpose
This position is responsible for supporting the management in making timely and informed Reward & Compensation decisions. Accountable for processing payroll while ensuring its authenticity with zero errors, responsible for automation of processes with the objective of providing a pragmatic and conventional compensation and benefits structure.

Job Description
Ensure timely, accurate, and smooth disbursement of salary through process optimization and payroll audit while ensuring authenticity of payroll data.
Ensure timely and effective salary increment and bonus payout while attempting maximum alignment with direction from Top Management.
Provide pragmatic compensation and benefits structure and offer services that meet business needs.
Maintaining the internal equity (Overview of employee vs Industry)
Responsible for Compensation & Benefits related communication to nationwide employees with regards to change in salary & benefits.
Salary offer computation for all new joiners.
Preparation of HR cost budget.
Responsible for designing SOPs to ensure smooth service delivery and process optimization.
Administration of HRIS while ensuring completeness and accuracy of employee data.
Development of HR systems (SAP & ESSP) for continuous process improvement.
Ensure effective management of employee time & attendance.
Responsible for internal & external audit of Payroll and HR processes.
Monthly HR dashboard reporting and Quarterly Management Reporting and Analytics.
Ensuring timely and accurate provision of information to management.
Assignment of operational tasks to team members.
Ensure provision of operational support along with effective service delivery through HR functional teams.
Experience and Qualification
MBA/BBA or any other business degree from recognized university.
Minimum 10 years of experience in HR.
Knowledge of payroll is mandatory.
Specific Requirements
Must have hands-on experience of SAP/ERP.
Excellent knowledge of Excel and reporting analysis.
Certification in SAP HCM and compensation is an added advantage.
Knowledge of Labor Laws and Salary Taxation.
Strong analytical skills.
Extensive knowledge of HRIS functions and implementation preferred.
Strong operational knowledge of MS-Office, with advanced proficiency in MS-Excel.
Frequent travel to plants may be required.

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