Retiral Benefits Coordinator

At Bayer we re visionaries driven to solve the world s toughest challenges and striving for a world where Health for all Hunger for none is no longer a dream but a real possibility We re doing it with energy curiosity and sheer dedication always learning from unique perspectives of those around us expanding our thinking growing our capabilities and redefining impossible There are so many reasons to join us If you re hungry to build a varied and meaningful career in a community of brilliant and diverse minds to make a real difference there s only one choice Retiral Benefits Coordinator JOB PURPOSE To ensure the effective administration and compliance of employee benefit schemes including Gratuity Superannuation Provident Fund NPS by managing statutory processes facilitating timely settlements and contributions liaising with stakeholders such as LIC fund managers and auditors and maintaining accurate reporting and policy renewals The role plays a critical function in securing employee entitlements while ensuring adherence to regulatory requirements and internal governance standards ROLE AND RESPONSIBILITIES Gratuity Ensure Timely settlement of Gratuity claims TDS payment and filing of quarterly and annual returns Issue form 16 for gratuity settlement Provide employee data to LIC for the annual renewal of gratuity policies Gratuity funding for policy renewal Conduct trusts audit Regularly connect with fund managers Provide updates to trustees on fund status Support internal and external auditors Update trustees with MOM with bank representatives Superannuation Process monthly superannuation contributions to LIC Handle superannuation withdrawal claims Manage return of corpus claims in death cases Share Superannuation statements with employees Facilitate superannuation transfer to NPS Support ex-employees with annuity number policy number and existence certificate requests Provident Fund Share monthly PF ESIC reports with Team Ensure PF payments are made before the 15th of every month Share Accounting entries related to payment Reconcile PF liabilities and payments Renew EDLI policies for BCS BBSPL and BPPL annually Liaising with PF department to ensure closure of pending issues WHO YOU ARE Graduate with at least 5 years of experience in handling retiral benefits is must Ability to handle Ex-employees with outmost care and empathy Flexibility to meet customer needs and deadlines is a must Excellent communication skills both written and verbal Stakeholder management across cultures Ability to take ownership of responsibilities Ever feel burnt out by bureaucracy Us too That s why we re changing the way we work for higher productivity faster innovation and better results We call it Dynamic Shared Ownership DSO Learn more about what DSO will mean for you in your new role here https www bayer com en strategy strategy Bayer does not charge any fees whatsoever for recruitment process Please do not entertain such demand for payment by any individuals entities in connection with recruitment with any Bayer Group entity ies worldwide under any pretext Please don t rely upon any unsolicited email from email addresses not ending with domain name bayer com or job advertisements referring you to an email address that does not end with bayer com YOUR APPLICATION Bayer is an equal opportunity employer that strongly values fairness and respect at work We welcome applications from all individuals regardless of race religion gender age physical characteristics disability sexual orientation etc We are committed to treating all applicants fairly and avoiding discrimination Location India Maharashtra Thane Division Enabling Functions Reference Code 853840 Contact Us 022-25311234