Compensation & Benefits Specialist

Job Summary

• Manage all C&B Operations with accuracy and within SLA’s
• Be able to create, manage, analyze, report the entire Human Capital costs and Benefits Structure of the organization.

Compensation & Payroll Management

• End to end responsibility of payroll processing and payout to employees within SLA and with accuracy.
• Manage the employee separation process, payout of Full & Final Settlement within set SLA.
• Supervise the leave & attendance records and reports for accuracy, manage escalation cases.
• Prepare and issue accurate job offers/agreements and ensure end to end closure of the offer.
• Handle salary negotiations with candidates during offer stage and suggest requisite recommendations.
• Meet all statutory compliance for compensation practices at iHorizons and follow the legal rules & labor laws of the countries where iHorizons operate.

Benefits Management

• Propose and implement cost efficient employee benefits plans that best suit the iHorizons’ workforce.
• Handle all elements of benefits administration including vendor management, employee queries and escalations.
• Recommend and administer employee perks etc.

HRIS

• Support in the planning and implementation of HR Information Systems (HRIS) and own migration of payroll and related modules to the new HRIS.
• Maintain and administer the current HRIS system accurately.
• Process leaves, attendance and working hours and geographic holidays on the HRIS.

Analytics & Dashboards

• Prepare and provide all Human capital cost reports to Finance as per SLA’s.
• Prepare and provide budget apportionments to Business Units.
• Prepare and provide actual & variance reports.
• Periodical analysis of reports on salary payout trends and patterns.
• Prepare and provide Expense reports.
• Maintain extensive control over Master Data to provide adhoc reports.

C&B Practice Improvements

• Develop and implement best practices in C&B including creation of job grades, job evaluation and salary bands.
• Periodically conduct salary surveys and propose C&B changes.

Educational Qualification

• Bachelor’s/Master’s degree in HR/Business Administration studies is highly preferred.

Previous Work Experience

• Min 5 years of experience in a C&B focused role.
• A minimum of overall 7-8 Years’ experience in HR roles (closely working with C&B).
• Candidates with experience in the IT industry or related industries with knowledge workers is preferred.
• Candidates with experience in managing multi-country C&B operations is preferred.
• Advanced knowledge of any HRIS systems. Candidates with experience in Microsoft HR module are highly desirable.

Skills and Abilities

• Expert level in MS Excel and mid-level expertise in other MS office modules.
• Ability to be a team player, who can step into a fast paced and timebound deliverables.
• Ability to work with numbers and still be compassionate while addressing questions, issues, and escalations.
• Ability to wear multiple hats and manage in the absence of key team members.
• Knowledge and implementation of variables pay options.
• Knowledge of legal rules and labor laws of the country of hire, with the ability to quickly learn the rules & laws of the other countries where iHorizons has its operations.
• Extensive knowledge of HRIS.
• Analytical Skills.
• Very high attention to detail.
• Excellent communication skills and peoples’ person