Manager/Senior Manager - Statutory Compliance - HR Team

About the Company:

They are investee companies of a SEBI-regulated Alternative Investment Fund (AIF) with a 'Fund Management Capability Level - 1' rating from CRISIL, managed by an Alternative Asset Advisor.

They pioneered private debt in India with a US$ 230 million (~INR 1,000 crore) fund in 2010 and have grown into one of the largest. Alternatives platforms with an AuM of ~US$ 5 billion (~INR 40,000 crore).

They provide high-quality credit and yield opportunities to global and domestic investors, including pension funds, insurance companies, large family offices, and ultra-high net-worth individuals.

They are the only Indian Alternatives Manager in the top 100 global fundraisers of PDI, deploying over INR 5,000 crore in 2022, and are signatories to the UN Principles for Responsible Investment.

The fund focuses on infrastructure sectors like power transmission, renewable energy, roads, and highways, with investments managed by them.

The company manages 16 assets, including power transmission lines, GIS substations, solar power plants, and highway assets across 9 states in India, with a combined revenue of around - 1,000 crores.

They emphasize strong governance, safety, and environmental practices, with management systems accredited to ISO standards.

Aligned with their ESG Policy, they follow the UN Principles of Responsible Investments.

The team, comprising over 190 professionals, manages an India Energy Yield Plus Trust, focusing on high-quality energy assets with an initial AuM of over INR 2,300 crore.

Role & Responsibilities:

- Review and implement compliances required under labour laws including but not limited to Shops and Establishment, Factories, CLRA, BoCW Acts

- Coordinate with Site Incharges to maintain up to date list of contractors, manpower deployed and timely renew/amend contract labour registrations and licenses

- Coordinate with Operations Heads / Site Incharges and maintain all statutory registers and displays

- Provide support to sites in handling inspections, replying to notices and coordinating with the labour departments

- Maintain a checklist for all returns, registers, displays, notices, inspection etc

- Provide support in due diligence of new assets and support in transitioning of employees in case of acquisitions

- Maintain complete records of engagement of compliance related vendors including contractors providing manpower services etc.

- Keep track of minimum wages and ensure timely communication for updation in payroll

- Track and update all compliances in the software for quarterly reporting to the management

- Effective grievance handling at sites

- Other responsibilities as assigned from time to time

For any queries, reach out to:

Tishya Karar: WhatsApp: +919730778237

Puneet Chaudhary: WhatsApp: +9197697 99970

Key Skills:

- MBA/PG in HR or MPM or MA in PM & IR.

- Additional diploma in Labour Laws will have advantage

- In-depth knowledge of labour laws and statutory compliances

- Keen for an individual contributor role

- Ability to work and excel in a fast paced, high growth environment

- Ability to handle stretch assignments and bring structure to complex work

- Exposure to compliance tool or software

- Ability to collaborate with various stakeholders within the organization

- Ability to manage large data in Microsoft excel in a proficient way and present compliance MIS to management

- Vendor management skills

- Industry - Similar industries like Construction, Manufacturing, Renewable Energy or those who are working with Labor Law consultants