Assoicate Manage Focal Point

3 weeks ago

Hyderabad, India PepsiCo Full time

**Overview**

Manage the focal point, mid-year cycles, systems set up & configuration testing, HR & manager communication, training during the cycle and execution for APAC or AMESA Sectors. Partner in development of merit & IC ranges and budgets. Administer LTI & Pay Equity activities. Understands basic concepts of Total Rewards such as Differentiated Merit, Adjustment to minimum and Lumpsum. Data management understanding as well as good in excel.

**Responsibilities**

**Total Rewards Annual Merit / Annual Review Cycles**
- Stong accument on Annual Pay Review with at least 2-3 annual cycles / Focal point experience supporting on Salary & Bonus, YE reconcilations and validations experience
- Can manage data and good in numbers to review different budgets of Focal point.
- Excel knowledge is must to have.
- Have some experience in managing compensation tools.
- Manage annual focal point processes and activities including systems set up, testing, HR & manager communication, training during the cycle and execution
- Partner with various functions e.g. Talent Management, Talent Acquisition, HRBP, Business/Function for annual cycle activities
- Partner with APAC or AMESA Sectors TR team in development of merit and IC budgets by business
- Lead and support all mid-year & all pay equity analysis
- Partner with Global HR Ops on tool, system testings and enhancments
- Drive continuous improvement in our processes through identifying errors, recommending solutions, clarifying inconsistencies, and implementing resolutions

**Variable Pay Administration**:

- Configure the teams for bonus on the bonus tool and test the configuration for the population
- Get the right access role
- Validate the bonus eligible employee data
- Ensure that bonus teams are created for the BUs
- Verify the individual bonus on defined parameters (accuracy of employee data, bonus team, org data, bonus%, etc.)
- Share the updated bonus data with markets for sample check and make any recommended changes on the bonus tool
- Calculate the bonus received by employees’ basis guidelines received from FP&A and market TR
- Communicate to market TR for sample check of the bonus calculation
- Capturing employee life event that impact bonus payout (i.e LOA, new hires, retirement..etc.)

***

**Variable pay Validation & Verification**
- Verify the Bonus team 100% allocation for EIP/MIP eligible associates with relative HRBPs & obtain sign off, including the allocation off composite bonus teams
- Create and calculate Bonus Accruals and align with Finance team
- Review the 100% of the sector LG1+ EIP calculation and sign off to payout, flag any issues or errors to Corp Exec Comp or BU TR as needed.
- Act as the POC for the Global Groups (R&D, IT, bonus assignment and validation)
- Work with the BU TR to calculate the non EIP/MIP bonus using the local process in each market and local tool
- Audit the Tool Setup with TR CoEs to confirm the team score results post PEC memo release

**Communication & reporting Payout Processes**
- Confirm to BU TR & Issue communication to line managers to proceed with communication of the BCS (bonus calculation sheet)
- Act as the SPOC to communicate the final bonus payout to each market payroll team (vendor or local team)
- Act as the first point of escalation for BSC, addressing HRBPs, Line managers inquires
- Work with GTMs team to feed the Global Assignee tool (GA) with the expat bonus data for payout
- Download & archive all the final bonus calculation sheet & provide access to the relative BU TR team
- Support the BU TR during the bonus fall in/fall out process comparing the actual payout versus the accrual

**Stakeholder Management**
- Must be able to influence teams, HRBPs, stakeholders and business involved in the process in a positive and strong ways to ensure alignment and agreement resolving any minor issues to ensure progress as per plan
- Possesses an understanding of business strategies, culture and work to achieve results. Able to execute work beyond the scope of his function and provide analysis and advice in non-routine, project-related area

**Qualifications**
- Bachelor’s degree required
- 5 - 7 year’s work experience with at least 3 years in Total Rewards supporting AMESA or APAC or other Global developed countries in a similar large scale setup (120K+ employee base)
- Strong analytical, project management and program development skill
- Excellent written and oral communication skills, including formal presentations and interpersonal skills
- Ability to work independently, managing multiple projects and priorities simultaneously. Ability to identify issues, develop recommendations, sell ideas and implement the solution
- HR Tools and technologies, especially TR tools proficiency required
- Mandatory related environment experience, comparable roles & responsibilities for USA & Canada (both) AMESA or APAC
- Ability to manage multiple priorities and work across multiple organizations and teams
- Strong co

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