Rewards COE

2 days ago


Mumbai, India ScaleneWorks Full time

About the role Key Responsibilities: 1. Dashboard Development: o Create and maintain comprehensive monthly, quarterly, and annual dashboards that track key compensation metrics, trends, and benchmarks. o Collaborate with cross-functional teams to gather relevant data and insights for reporting. 2. Cost Forecasting and Reconciliation: o Conduct cost forecasting to project compensation expenses accurately, aligning with budgetary goals. o Perform regular reconciliation of compensation-related costs, ensuring alignment with financial reports and budgets. 3. Data Management and Operations: o Manage and maintain compensation data integrity across systems, ensuring accurate and timely updates. o Streamline data processes to enhance operational efficiency and reporting accuracy. 4. SAP SuccessFactors Support: o Provide functional support for SAP SuccessFactors, focusing on digitization requirements and system enhancements. o Assist in the generation and release of compensation letters, ensuring compliance with internal policies. 5. Payroll Inputs: o Collaborate with the payroll team to provide accurate and timely inputs related to compensation changes, bonuses, and other incentives. o Ensure payroll processes align with compensation policies and regulations. 6. Invoicing and Compliance: o Assist in managing invoicing processes related to compensation initiatives and ensure timely payment. o Support compliance efforts by maintaining accurate records and documentation for audits and reviews. 7. Compensation Planning: o Collaborate with the Rewards Manager in developing and implementing compensation strategies and plans. o Conduct market analysis and benchmarking to inform compensation decisions and recommendations. 8. Cross-Functional Collaboration: o Work closely with HR, finance, and other stakeholders to ensure alignment on compensation strategies and objectives. o Participate in special projects and initiatives related to compensation and employee rewards. Who are we looking for? Education and Experience: Bachelors/ Masters degree in Management/HR with 2-5 years of experience in a compensation support role. Skills: Experience of using SAP Success Factors (EC + Compensation Module) Functional knowledge of Power BI Strong analytical skills Attention to detail Proficiency in Microsoft Excel and Microsoft PowerPoint. Stakeholder management & interpersonal skills Ability to work independently and as part of a team in a fast-paced environment



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