Associate Director - Rewards & PPM - FMCG/Pharma

Partner with the key business stakeholders and drive the Rewards for India BU. Strategize and manage the Planning & Performance cycle of India BU.

Role Responsibilities:

Area of Responsibility Key Elements Rewards

- Work with Global team on Job Evaluation and various Global Projects in Rewards

- Benchmark reward structure with other like industries and execute the best practices

- Execute the strategy set by the India Rewards Lead for employee benefits, including (but not limited to) processing of relocation, recognition awards, management of service awards etc.

- Lead the Rewards specific people cycle activities, coordinating with wider team as appropriate to deliver incentive (bonus) payment and merit review processes

- Define & Execute the Total Rewards strategy for the Business in India

- Lead the Annual Rewards review for India, including incentive (bonus) payment and merit review processes.

- Manage purchase orders and goods receipting against the Rewards budget and provide regular reports to the India Rewards Lead high lighting any risks in a timely manner

- Respond to queries from employees and work to identify solutions to system / user issues in-line with the employee product benefits policy

- Track costs against the Rewards budget and provide regular reports to the Rewards Manager highlighting any risks in a timely manner Payroll

- Managing daily payroll operations and monitoring of payroll schedule

- Ensuring the audit compliances are met and prepare MIS, Audit reports, Actuarial reports of Gratuity and leave encashment.

- Reviewing the monthly payroll input file and incorporation of various inputs which includes variable pay, awards, referral bonus, other allowances, incentives, deductions (travel advance &salary advance, company specific deductions, salary recovery, facilities deduction, Loss of Pay advice etc.)

- Ensure compliance with Payroll statutory norms reporting & Tax Filings as per rules

Education level and/ or experience:

- 8-10 years of relevant experience

Skills and/or knowledge:

- Excellent verbal and written English communication.

- The ability to adapt communication style depending on medium, audience & purpose

- Understands importance of confidentiality and where HR related matters could be sensitive.