Agent
Jobs
Applied
Tracker
Profile
    1. Jobs for you
    2. Job

    Job · 18682438

    Indusind Nippon Life Insurance logo

    Assistant Manager - C&B and Performance Management

    Indusind Nippon Life Insurance · Mumbai · onsite · Posted 31d ago

    ₹7.0L - ₹12.0L PA2–7 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    Role & responsibilities

    1. Payroll and F&F Governance & Compliance

    • Perform monthly payroll verification and checker activities to ensure accuracy of salary processing.
    • Conduct payroll compliance assurance including minimum wage adherence, hiring grid validations, and statutory compliance checks.
    • Review and validate retiral benefit calculations including gratuity, PF and superannuation-related transactions.
    • Support statutory and internal audit requirements related to employee benefits and retirement schemes.
    • Review payroll inputs relating to salary revisions, promotions, transfers, recoveries, deductions and final settlements.
    • Support closure of payroll queries and reconciliation activities with Payroll, HR Operations and Finance teams.
    • Perform F&F checker activities and ensure closure within timelines prescribed under the Code on Wages and company policies.
    • Validate F&F calculations including leave encashment, recoveries, gratuity and other separation payments.
    • Coordination with HR Operations, Payroll and Finance teams for reconciliations and audit.

    2. Compensation Administration

    • Support payroll compliance checks including minimum wages, compensation structures and hiring grid adherence.
    • Assist in preparation and validation of financial provisions relating to incentives, bonus, CSAR and other employee benefits.
    • Support compensation benchmarking exercises and compensation data management.
    • Prepare and validate employee compensation and lifecycle letters including increment, promotion, transfer, CCA and other compensation-related or other communications.
    • Ensure timely and accurate issuance of employee letters and documentation.

    3. Performance Management Support

    • Support annual and periodic Performance Management processes including KPI collection, quality checks and system administration.
    • Update the KPIs for employees in system and ensure the relevant report and dashboards are available at any time
    • Support employees on KPI updation/ upload and awareness to employees on PMS and system processes
    • Provide support for PMS system activities including testing, UAT and employee query resolution.
    • Assist in preparation of PMS reports, dashboards and management presentations.

    4. Reporting & Analytics Support

    • Prepare periodic MIS and dashboards related to payroll, compensation and PMS.
    • Support internal, statutory and regulatory audits by providing required data and documentation.
    • Identify process improvement and automation opportunities within Compensation and Performance Management processes.
    • Ensure accurate tracker and data maintenance

    Preferred candidate profile

    • Degree/ MBA in HR or equivalent qualification.
    • 2-3 years of experience in Payroll processing, HR Operations, Compensation & Benefits or Performance Management.
    • Strong analytical ability and attention to detail.
    • Proficiency in MS Excel and data handling.
    • Exposure to payroll processes, statutory compliance and compensation administration.
    • Experience in HRMS, Payroll and PMS systems will be preferred.
    • Good stakeholder management and communication skills.

    Sourced from naukri

    Skills

    Compensation And BenefitsCompensation Managementperformance management

    Assistant Manager - C&B and Performance Management · waiting for your command