Retiral Benefits Coordinator

1 week ago

Thane, India Bayer Full time

**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.

**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.**

**YOUR APPLICATION**

**Location**:

- India : Maharashtra : Thane

**Division**:

- Enabling Functions

**Reference Code**:

- 853840

**Contact Us**
- + 022-25311234

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