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4 days ago
The Compensation Manager is responsible for overseeing end-to-end compensation management to ensure timely and accurate processing of employee salaries, compliance with labor laws, and reporting. They will focus on salary administration, statutory compliance, and payroll-related services.
Key Responsibilities:- Manage monthly compensation processing for all employees, ensuring accuracy and timeliness.
- Validate and reconcile inputs such as attendance, leave records, new joiners, exits, salary revisions, and variable pay.
- Ensure full compliance with statutory requirements (PF, ESI, PT, TDS, gratuity).
- Handle employee queries related to salary, taxation, and compensation policies.
- Prepare compensation MIS, reports, and analytics for management review.
- Stay updated on changes in labor laws, taxation, and statutory compliance.
- Graduate/Postgraduate in Commerce, Finance, or HR. MBA/PGDM or CMA/CA preferred.
- Experience: 7-10 years of compensation management experience, preferably in India.
- Strong knowledge of compensation systems (SAP, ADP etc.).
- Proficiency in MS Excel (advanced formulas, reconciliations).
- Knowledge of income tax and statutory compliance.
- High attention to detail and accuracy.
- Strong analytical and problem-solving skills.
- Ability to maintain confidentiality and handle sensitive information.
- Good communication and stakeholder management skills.
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