Associate Director - Rewards - FMCG/Consumer Durables

- Define & Execute the Total Rewards strategy for the Business in India

- Lead the Annual Rewards review for India, including incentive (bonus) payment and merit review processes

- Work with Global team on Job Evaluation and various Global Projects in Rewards

- Benchmark reward structure with other like industries and execute the best practices

- Execute the strategy set by the India Rewards Lead for employee benefits, including (but not limited to) processing of relocation, recognition awards, management of service awards etc.

- Lead the Rewards specific people cycle activities, coordinating with wider team as appropriate to deliver incentive (bonus) payment and merit review processes

- Manage purchase orders and goods receipting against the Rewards budget and provide regular reports to the India Rewards Lead high lighting any risks in a timely manner

- Respond to queries from employees and work to identify solutions to system / user issues in-line with the employee product benefits policy

- Track costs against the Rewards budget and provide regular reports to the Rewards Manager highlighting any risks in a timely manner

Payroll:

- Managing daily payroll operations and monitoring of payroll schedule

- Ensuring the audit compliances are met and prepare MIS, Audit reports, Actuarial reports of Gratuity and leave encashment

- Reviewing the monthly payroll input file and incorporation of various inputs which includes variable pay, awards, referral bonus, other allowances, incentives, deductions (travel advance &salary advance, company specific deductions, salary recovery, facilities deduction, Loss of Pay advice etc.)

- Ensure compliance with Payroll statutory norms reporting & Tax Filings as per rules

- Ensure that all the statutory payments are made on time

- 8-10 years of relevant experience

- MBA in HR from a Tier 1 institute B-School or a Business / Related degree

- Excellent MS Excel skills, Data Analysis

- Intermediate MS Word, Office and PowerPoint skills

Comp : 62 L all incl