Specialist - Compensation & Benefits - BFS

- Compensation Strategy: Manage and develop competitive salary structures, incentive program, and performance pay to attract and retain talent.

- Review Policies: Periodically benchmark Total Rewards policies. Review existing policies and introduce new structure to the payroll and benefits structure.

- Benefits Administration: Administer employee benefits, including Group Health Insurance, Group Term Insurance and Group Personal Accident Policies. Process benefits enrolment, changes and termination.

- Audit and reporting: Coordinate with internal stakeholders and maintain all data related to HR regulations, policies and processes. Report data as required by auditors and any other internal committees.

- Year End: Work with Lead - Total Rewards in year-end activities.

- Communication: Make and deliver presentations internally to educate talent on Total Rewards.

Skills required :

- In-depth knowledge of payroll principles, practices, and regulations

- Strong analytical and problem-solving skills

- Ability to handle sensitive and confidential information with discretion. Attention to detail and accuracy

- Working knowledge of Microsoft Office (Excel, PowerPoint and Word) and Canva

- Excellent verbal and written communication skills. Presentation skills to deliver effective presentations for large audience

Educational Qualifications - Any Masters degree / CA/ CA- Inter

Experience - 10+ years of relevant work experience as payroll specialist

Location - Mumbai

Comp Range 40-45 L