Assistant General Manager - Compensation
- Patra India Bpo
- 16 - 22 years
- Visakhapatnam
- 4 years ago
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Job Description
Greetings from PATRA!!
We're looking for a self-driven enthusiastic aspirant who is having in depth knowledge about Payroll for our Compensation & Benefits team.
Roles and Responsibilities:
- Full Oversight of Payroll operations & governance for approximately 5000 employees.
- Manage payroll operations for the organization's employees and manage a team of 5+ working across geographies and remotely.
- Provide insight and analysis to stakeholders including leadership in India and US.
- Drive the transformation and modernization of the payroll function by leveraging technology to automate process and reporting.
- Responsible for the planning and execution of payroll to continue to ensure accuracy, compliance, and audit level integrity.
- Prepare and adhere to payroll SOP. Revise and update SOP as necessary to streamline processes and to improve the speed and accuracy of payroll completion.
- Prepare various reports and MIS on payroll for financial and regulatory reporting.
- Develop policies and procedures that stand up to the rigor of external audit and IFC (internal financial controls) requirements.
- Manage audits and risk assessments as directed.
- Partner with all functional leaders and HRBPs to understand their requirements; provide thoughtful insights and support.
- Periodically review existing practices and recommend changes for improvements.
- Analyze data, perform compensation modelling and what if analyses.
- Define and follow optimal processes for data management.
- Serve as a subject matter expert to provide timely advice, direction, and recommendations to Senior Management on compensation structure, benefits and policy interpretations
- Manage employee insurance lifecycle including coordinating with Compliance & Risk manager to establish the benefits framework and ensuring timely closure of renewals of all group insurance policies.
- Demonstrate passion for employee wellbeing by delivering a competitive benefit package.
- Manage and promote employee assistance programs and wellness activities in the organization
- Interact positively and productively with all levels of employees.
- Maintain a positive and professional demeanor at all times.
- Maintain an employee friendly and legally compliant compensation structure.
- Implement and manage performance linked incentive programs.
Required Skills/Abilities:
- A solid understanding of payroll processes and state, local laws pertaining to payroll administration. (Indian Legislation)
- Extensive HRMS and Payroll back-end API experience
- Excellent time management skills with a proven ability to meet deadlines.
- Ability to function well in a high-paced and at times stressful environment.
- Extremely proficient with Microsoft Office Suite or similar software with the ability to learn new or updated software.
- Ability to work independently while also being focused on team success and collaboration.
- Experience of handling captive payroll operation is added advantage
- Excellent knowledge of MS Office, especially with strong MS Excel and Power Point working and presentation skills
- Self-starter who can work independently with high level guidance and direction.
- Ability to work evenings/mornings as needed to meet with US team members.
Education and Experience:
- An MBA/ PGDM or equivalent post graduate degree in HR
- At least 15yrs experience into HR Operations and at least 10 yrs. of experience in Payroll.
- At least 5 years in a management role
- Experience working in an MNC a plus.
Physical Requirements:
- Prolonged periods sitting at a desk and working on a computer.
Interested candidates can share their updated CV's to pr***************i@pa******p.com
Job Classification
Industry: InsuranceFunctional Area: Human Resources, Role Category: Compensation & BenefitsRole: Compensation & BenefitsEmployement Type: Full timeEducation
Under Graduation: Any GraduatePost Graduation: MBA/PGDM in Any SpecializationContact Details:
Company: Patra India BpoAddress: 37-5-88/1,2,3,4th floor,Varun Point,manchukonda Ga, rdens,visakhapatnam, Visakhapatnam, Andhra Pradesh, IndiaLocation(s): Visakhapatnam
Keyskills: Payroll Management Compensation Benefits Payroll General Management
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About Patra CorporationPatra is a US insurance industry-leading innovator and enabler that powers insurance processes through the optimized application of people and technology. We drive revenue growth, cost savings, and value creation to insurance organizations. Our mis...
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