Associate, Compensation

2 months ago


mumbai, India Ares Management Corporation Full time

Description

Ares is looking for an Associate to join the Human Resources team. The role will facilitate day to day transactions across the carried interest and equity platforms. This will include the processing of carried interest distributions, wire instruction and trust maintenance, as well as equity administration including system maintenance and reporting. The role will partner closely with colleagues within HR as well as with members of the Finance, Investment Operations and Tax teams. The successful candidate will be responsible for providing exceptional client service, promptly addressing all related queries and concerns, while streamlining and improving our Carried Interest and Equity processes to ensure best practices in a fast-paced rapidly growing environment. 

Reporting relationships

Reports to: Vice President, Compensation Administration

Primary functions and essential responsibilities

Specific responsibilities include, but are not limited to:

Develop comprehensive understanding of the broader business and the critical components of success to help create strategic enhancements alongside the HR and financial planning teams

Work collaboratively with other HR professionals and the broader finance team to review analytical findings and develop thoughtful, dynamic strategies and solutions

Carried Interest Administration:

Process, track and report on carried interest allocations, vesting schedules, distributions, and future valuations/forecast

Maintain allocations including forfeitures and reallocations

Coordinate and complete routine audits with Corporate Accounting

Participate in new system implementation

Equity Administration:

Assist with award activity across three separate plans including new awards, vesting events, forfeitures and accelerations

Process quarterly dividend equivalent calculations and payments

Generate communications related to new grants, vesting events, quarterly dividends and retirement eligibility

Complete routine audits with Payroll

Reconcile and perform audits related to equity transactions to ensure accuracy, timeliness, and quality control of data in the equity system

Develop reports on current practices and identify any potential exposure to the firm

Complete other related duties as assigned

Qualifications

Education:

Bachelor’s degree, preferably in business, economics, finance or accounting or related field

Certified Compensation Professional Certification preferred

Experience Required:

Minimum of 4 years of analytical or compensation experience, preferably within financial services industry; experience in asset management a plus

Experience with Workday and/or Compensation platform(s) preferred

General Requirements:

Experience with equity administration and/or carried interest

Experience with system administration

Strong technical skills with high proficiency in Excel and PowerPoint; experience with Access or other databases a plus

An analytical mind and a passion/interest in bringing new ideas to increase efficiency of existing processes

Ability to manage the tactical aspects of the Compensation role while being mindful of the strategic direction of the firm

Ability to successfully manage multiple priorities and competing demands

Ability to multi-task and prioritize deadlines; result oriented

Strong communication skills and team orientation; capability of interacting with key stakeholders to direct prioritization of Compensation-related activities

High accuracy and detail orientation

Good judgment in terms of escalating issues vs. solving problems independently

A demonstrated ability to research and leverage available resources to accomplish the task at hand

Comfort in dealing with ambiguity and uncertainty in a dynamic and fast-paced environment

Ability to be flexible in terms of hours in order to coordinate with team members across various time zones

Dependable, great attitude, highly motivated and a team player

Ability to handle confidential information appropriately

Reporting Relationships

Principal, Compensation Administration

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.



  • Mumbai, India Ares Management Corporation Full time

    Description Ares is looking for an Associate to join the Human Resources team. The role will facilitate day to day transactions across the carried interest and equity platforms. This will include the processing of carried interest distributions, wire instruction and trust maintenance, as well as equity administration including system maintenance and...


  • Mumbai, India Ares Management Corporation Full time

    Description Ares is looking for an Associate to join the Human Resources team. The role will facilitate day to day transactions across the carried interest and equity platforms. This will include the processing of carried interest distributions, wire instruction and trust maintenance, as well as equity administration including system maintenance and...


  • mumbai, India Saaki Argus & Averil Consulting Full time

    About Client: A leading Engineering Technology Organization Job Responsibilities: Responsible for India Compensation & Benefits Compensation Benchmarking Perform Annual/ Bi- Annual Merit Increement Involve in Compensation Parity Analysis Take care of Increements , Retention Bonus Candidate Description: 2 to 5 years experiencce in...


  • Mumbai, India Saaki Argus & Averil Consulting Full time

    About Client: A leading Engineering Technology Organization Job Responsibilities: Responsible for India Compensation & Benefits Compensation Benchmarking Perform Annual/ Bi- Annual Merit Increement Involve in Compensation Parity Analysis Take care of Increements , Retention Bonus Candidate Description: 2 to 5 years experiencce in Compensation & Benefits...


  • Mumbai, India Saaki Argus & Averil Consulting Full time

    About Client: A leading Engineering Technology Organization Job Responsibilities: Responsible for India Compensation & Benefits Compensation Benchmarking Perform Annual/ Bi- Annual Merit Increement Involve in Compensation Parity Analysis Take care of Increements , Retention Bonus Candidate Description: 2 to 5 years experiencce in Compensation & Benefits...


  • Mumbai, Maharashtra, India Tata Consultancy Services Full time

    **Compensation & Benefits!** Location:Mumbai Shift:Should be flexible with night & rotational Shift EducationCriteria: Graduates & Post - Graduates Experience in comp practiceswork including job evaluation, job pricing, compensation proposalexecutive offer analysis. Experience administering annual incentive planadministration and merit cycles. Functional...


  • Mumbai, Maharashtra, India Abbott Laboratories Full time

    Primary Job FunctionThe role is a part of the C&B India team and will have the responsibility of managing the compensation and benefits related activities for the organizationThis role will independently manage compensation consulting for the specific EPD businesses in India, manage Compensation and Benefits benchmark studies along with ProjectsCore Job...


  • Mumbai, Maharashtra, India Abbott Laboratories Full time

    Primary Job FunctionThe role is a part of the C&B India team and will have the responsibility of managing the compensation and benefits related activities for the organizationThis role will independently manage compensation consulting for the specific EPD businesses in India, manage Compensation and Benefits benchmark studies along with ProjectsCore Job...


  • Mumbai, Maharashtra, India Abbott Laboratories Full time

    Primary Job FunctionThe role is a part of the C&B India team and will have the responsibility of managing the compensation and benefits related activities for the organizationThis role will independently manage compensation consulting for the specific EPD businesses in India, manage Compensation and Benefits benchmark studies along with ProjectsCore Job...


  • Mumbai, India Abbott Full time

    Primary Job Function The role is a part of the C&B India team and will have the responsibility of managing the compensation and benefits related activities for the organization This role will independently manage compensation consulting for the specific EPD businesses in India, manage Compensation and Benefits benchmark studies along with Projects ...


  • Mumbai, India Abbott Laboratories Full time

    Primary Job FunctionThe role is a part of the C&B India team and will have the responsibility of managing the compensation and benefits related activities for the organizationThis role will independently manage compensation consulting for the specific EPD businesses in India, manage Compensation and Benefits benchmark studies along with ProjectsCore Job...


  • Mumbai, India Abbott Laboratories Full time

    Primary Job FunctionThe role is a part of the C&B India team and will have the responsibility of managing the compensation and benefits related activities for the organizationThis role will independently manage compensation consulting for the specific EPD businesses in India, manage Compensation and Benefits benchmark studies along with ProjectsCore Job...


  • Mumbai, India Abbott Full time

    Primary Job Function The role is a part of the C&B India team and will have the responsibility of managing the compensation and benefits related activities for the organization This role will independently manage compensation consulting for the specific EPD businesses in India, manage Compensation and Benefits benchmark studies along with Projects ...


  • mumbai, India Abbott Full time

    Primary Job Function The role is a part of the C&B India team and will have the responsibility of managing the compensation and benefits related activities for the organization This role will independently manage compensation consulting for the specific EPD businesses in India, manage Compensation and Benefits benchmark studies along with...


  • mumbai, India Abbott Full time

    Primary Job Function The role is a part of the C&B India team and will have the responsibility of managing the compensation and benefits related activities for the organization This role will independently manage compensation consulting for the specific EPD businesses in India, manage Compensation and Benefits benchmark studies along with...


  • mumbai, India Getinz Techno Services Full time

    Dear Professional, Greetings From Getinz!!    We are looking for Candidates who will be hand on SAP SF Compensation Consultant.  which the below Technologies Mentions.  Interested Candidates Can Drop Their Updated Resume which the below Mail Id Shared. Title: SAP SF Compensation ConsultantExperience: 6 to 9 years Current Location: Pune, Bangalore,...


  • Mumbai, India Kiash Solutions LLp Full time

    Job Description :Roles and responsibilities :- Professionally or Associate level Certification in SuccessFactors Compensation and Successfactors Variable Pay Certification or experience in another SuccessFactors module - 5+ years of SuccessFactors Compensation and Variable Pay Implementation Experience - Experience and knowledge of Employee Central (EC)...


  • navi mumbai, India HyreFox Consultants Full time

    Roles & Responsibilities • Data entry for transaction processing • Processing mass updates • Maintain employee data • Perform reconciliations of compensation data and highlight variances • Validate benefits plan basis eligibility and update HCM system • Generate revised compensation letter for impacted employees • Manages compensation processes...


  • Navi Mumbai, India Avvo Full time

    **Description**: **About the Company**: Headquartered in El Segundo, Calif., Internet Brands® is a fully integrated online media and software services organization focused on four high-value vertical categories: Health, Automotive, Legal, and Home/Travel. The company's award - winning consumer websites lead their categories and serve more than 250 million...


  • navi mumbai, India HyreFox Consultants Full time

    Roles & Responsibilities • Data entry for transaction processing • Processing mass updates • Maintain employee data • Perform reconciliations of compensation data and highlight variances • Validate benefits plan basis eligibility and update HCM system • Generate revised compensation letter for impacted employees skills Required ...