Chief Compensation Officer

Job Opportunity

We are seeking a talented C&B Specialist to join our team. This role will involve developing and implementing strategic compensation practices, ensuring compliance with statutory regulations, and creating effective reward strategies to attract, retain, and motivate top talent.

About the Position:

This position plays a pivotal role in driving business growth by designing and monitoring performance-linked incentive plans aligned with company goals. The successful candidate will work closely with HR Operations and Finance teams to ensure timely and accurate monthly payroll processing, covering bonuses, incentives, and all statutory deductions.

Main Responsibilities:

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• Payroll Management: Ensure timely and accurate monthly payroll processing by collaborating with HR Operations and Finance teams, covering bonuses, incentives, and all statutory deductions.">
• Salary Structure Design: Develop competitive and compliant salary structures. Design and monitor performance-linked incentive plans aligned with business goals.">
• Statutory Compliance: Ensure 100% compliance with labor laws including Minimum Wages Act, Payment of Bonus Act, Gratuity Act, and Provident Fund Act.">
• Salary Benchmarking & Market Analysis: Conduct compensation benchmarking exercises, analyze industry compensation trends, and recommend adjustments to maintain internal and external equity.">
• Cost Analysis & Budgeting: Forecast compensation costs and prepare budgets for salary revisions, performance bonuses, and benefit enhancements.">
• HRIS & Data Management: Maintain updated compensation data in systems like Darwinbox and SAP SuccessFactors. Generate dashboards and analytics for leadership.">
• Job Evaluation & Grading: Implement and maintain a transparent job evaluation and grading framework ensuring role clarity and internal parity.">
• Audit & Compliance: Support internal and external audits related to payroll and benefits. Ensure timely documentation and closure of observations.">
• Annual Appraisal Process: Lead and finalize the compensation revision process post annual performance reviews.">

Qualifications:

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• MBA/PGDM in Human Resources from a reputed institute">
• 8-11 years of experience in Compensation & Benefits">
• Strong understanding of Indian statutory labor laws and compliance requirements">
• Proficiency in HRIS platforms (Darwinbox, SAP SuccessFactors preferred)">
• Experience in salary benchmarking and job grading methodologies">

Required Skills:

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• Job Evaluation & Grading">
• Payroll Management & Taxation">
• Salary Benchmarking & Market Analysis">
• Statutory Compliance & Audits">
• Data Analysis (MS Excel, Power BI preferred)">
• Budgeting & Cost Planning">

Behavioral Competencies:

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• Analytical & Detail-Oriented">
• Strong Time Management">
• Execution Excellence">
• Flexibility & Adaptability">
• High Result Orientation">

What We Offer:

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• Opportunity to work in a dynamic and performance-driven environment">
• Competitive compensation and benefits">
• Exposure to strategic HR functions and cross-functional collaboration">
• Strong focus on compliance, analytics, and HR technology">

Add following details in resume:

Compensation and Availability Details:
Current CTC:
Expected CTC:
Notice Period:
Is your notice period negotiable? (Yes / No)
Are you open to relocating to Vadodara? (Yes / No / Already based in Vadodara)