Assistant Vice President

1 day ago

Mumbai, Maharashtra, India kotak mahindra bank, Full time ₹ 12,00,000 - ₹ 36,00,000 per year
Job Description

Role: Incentive Governance & Compliance
Job Title: Chief Manager / Assistant Vice President - Incentive Governance & Compliance
Work Experience: 4 years (Post CA qualification)
Education: Qualified CA
Work Location: Goregaon (East), Mumbai

Looking for a qualified Chartered Accountant to join our Incentives team. The incumbent will play a critical role in ensuring financial accuracy, compliance, and optimization of all incentive schemes. This role requires strong analytical thinking, detail-oriented business partnering, and a keen eye for operational control.

Key Responsibilities:
  • Validate and audit incentive calculations to ensure alignment with approved scheme constructs
  • Ensure timely and accurate payout processing, including handling exception approvals
  • Collaborate with HRBPs, Sales, and Finance to align cost provisions, accruals, and payout cycles
  • Conduct detailed variance analysis between forecasted vs. actual incentive costs
  • Track and report the financial impact of incentive schemes across different business units
  • Support in Monthly, Quarterly & Yearly forecasting, budgeting, and provisioning for incentive expenses
  • Identify gaps and inefficiencies in current processes; recommend and implement improvements
  • Partner with the Tech/HRIS team to automate calculations and improve dashboarding accuracy
  • Ensure SOPs/compliance checks, internal audit readiness, and documentation for all incentive cycles
Required Skills & Qualifications:
  • Strong understanding of accounting standards, financial controls, and cost analysis
  • Hands-on experience in Excel, financial modeling, and working with large data sets
  • Familiarity with incentive schemes, variable pay structures, or sales performance metrics preferred
  • Excellent stakeholder management and communication skills
  • Attention to detail with a bias for process discipline and continuous improvement
What Youll Get:
  • Opportunity to work at the intersection of HR, Finance, and Business Strategy
  • High visibility role impacting frontline motivation and business outcomes
  • A collaborative and fast-paced environment to drive innovation in Incentives

Locations: KLI - Mumbai - Intellion Square - HO, Mumbai, Maharashtra, India

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