Compensation Specialist
2 days ago
Manage payroll and benefits for factory sites, including payroll input collection, calculation, and validation from multiple sources.
Support onsite onboarding, employee payroll and benefits policy-related queries, and communicate effectively to employees in local languages.
Coordinate insurance-related data, Provident fund, ESIC, and pension matters, and ensure statutory compliance requirements.
Provide employee communication in local languages for unionized employees to ensure clarity and engagement.
Post important communications on notice boards promptly to keep employees informed.
Manage end-to-end onsite onboarding of new hires, ensuring all documentation and processes are completed.
Prepare and issue letters to unionized employees, coordinate with the central team for customized letters, visa invitation letters, and documents.
Raise tickets for employee life cycle updates such as onboarding, transfers, promotions, separations, and personal data changes.
Monitor ticket status and follow up with the life cycle team until closure.
Collect, validate, and submit Time office data, attendance, overtime, shift allowance, etc.
Ensure accurate input of employee data related to payroll, coordinate with the central payroll team for processing monthly payroll, full and final settlements, and salary advance payments.
Review payroll drafts and flag discrepancies for timely correction.
Handle employee payroll queries and provide resolution within defined TAT.
Support audits, internal, ICFR, statutory, by preparing and submitting required payroll data and backups.
Manage employee benefit endorsements, including Medical Insurance, Personal accident insurance, and other applicable schemes.
Coordinate with the central team to ensure timely issuance of e-cards for Medical.
Coordinate with insurance provider TPA and internal teams for enrolment, modifications, and claims.
Manage end-to-end exit payroll processing, authorize and update separation details in separation screen, coordinate with HRMs, Finance, and payroll vendors for timely F&F computation and payout.
Ensure all clearances and statutory requirements are met before closure.
Address employees' exit-related questions promptly and ensure resolution within defined timelines.
Handle Employee queries related to PF pension and other statutory benefits.
Guide employees through PF forms, nominations, withdrawals, and transfer procedures.
Create ESI numbers, IP creation, for eligible employees and share details with payroll team monthly.
Qualifications Requirements:- Bachelor's degree in human resource, finance, business administration or related field
- Proven experience in payroll management, full and final settlement process, employee separation procedures, preferably in a large organization or shared service environment
- Familiarity with payroll systems, HRIS platforms, calculation and reporting
- Excellent analytical, problem-solving, and decision-making skills, with a keen attention to detail and accuracy in calculations and documentation
- Commitment to integrity, confidentiality, and professionalism in handling sensitive employee information and financial transactions
