AVP - HR Operations - Bank

AVP HR Operations MNC Bank

Our client is a MNC Bank in Mumbai. We are looking for an AVP HR Operations. Kindly note that the position will be based at office located at Ghansoli [only those candidates who are ok with location should apply]. The Job Description is as below :

Position Overview :

The Assistant Vice President (AVP) - HR Operations will oversee and manage the HR operations function, ensuring efficient and effective administration of HR processes. This role will be pivotal in managing payroll, compensation, benefits, and other HR-related activities, aligning them with the bank's policies and regulatory requirements. The ideal candidate will possess advanced MS Excel skills and have a strong understanding of HR best practices and compliance.

Key Responsibilities:

1. HR Administration:

- Manage the overall HR administration function, ensuring smooth operations and timely delivery of HR services.

- Maintain and update employee records in HRIS, ensuring accuracy and compliance with data protection regulations.

- Oversee the onboarding and offboarding processes, ensuring a seamless experience for employees.

- Administer and manage employee contracts, amendments, and other employment documentation.

2. Payroll:

- Supervise the payroll processing cycle, ensuring accuracy and timely disbursement of salaries.

- Collaborate with finance and accounting departments to reconcile payroll accounts.

- Handle payroll-related queries and resolve discrepancies.

- Ensure compliance with statutory requirements and labor laws related to payroll.

3. Compensation, Retirals & Benefits:

- Manage the compensation structure in alignment with organizational policies.

- Oversee the administration of retiral benefits such as provident fund, gratuity, and pensions.

- Manage employee benefits programs including health insurance, leave travel allowance, and other perks.

- Conduct regular audits to ensure the integrity and accuracy of compensation and benefits data.

4. Advanced MS Excel:

- Utilize advanced MS Excel skills to analyze HR data, generate reports, and provide actionable insights to senior management.

- Develop and maintain complex spreadsheets and models for various HR metrics and reporting requirements.

- Involvement in Automating HR processes and reporting to enhance efficiency and accuracy.

5. Leave & Attendance Administration:

- Oversee the leave and attendance management system, ensuring accurate tracking and recording.

- Develop and enforce leave policies in accordance with organizational and statutory guidelines.

- Handle employee queries related to leave and attendance, providing clear and consistent information.

- Generate regular reports on leave and attendance metrics for review and analysis.

6. HR Policy/HR Handbook:

- Develop, update, and communicate HR policies and the HR handbook to ensure consistency and compliance across the organization.

- Ensure all HR policies are up-to-date with current laws and regulations.

- Provide training and support to employees and managers on HR policies and procedures.

- Conduct regular reviews of HR policies to ensure their effectiveness and alignment with business goals.

Qualifications:

- Bachelor's degree in Human Resources, Business Administration, or related field. Master's degree or relevant certification is a plus.

- Minimum of 10-12 years of experience in HR operations, preferably in the banking or financial services sector.

- Proven experience in managing payroll, compensation, benefits, and HR administration.

- Advanced proficiency in MS Excel, including the ability to create complex formulas, pivot tables, and macros.

- Strong knowledge of labor laws, statutory compliance, and HR best practices.

- Excellent communication, organizational, and problem-solving skills.

- Ability to work in a fast-paced environment and manage multiple priorities effectively.