Manager - Compensation & Benefits - FinTech

Category - HR

Job Type - Permanent

Description - The Compensation & Benefits Manager will be instrumental in developing, evaluating & implementing Comp & Ben programs. The position demands strong analytical abilities, advanced Excel skills, and a solid grasp of both local & global compensation practices.

Client Details:

The client is a US-headquartered financial technology firm. They are a global Software Development organization.

Compensation:

- Assist in the design, evaluation & administration of Compensation and Benefits programs.

- Deliver Cost per Head (CPH) analytics, including maintaining budgeted CPH figures, managing quarterly forecasts, and conducting variance analysis.

- Oversee annual compensation review cycles encompassing budgeting, salary structure updates, merit reviews, and promotion planning.

- Collaborate with Finance on accruals, forecasting, and compensation spend reporting.

- Perform Market Benchmarking and internal equity assessments to ensure competitive and fair pay practices.

Analytics & Reporting:

- Develop and maintain advanced Excel models for Compensation planning, CPH monitoring and reporting.

- Prepare regular reports and dashboards for leadership on salary expenditures, headcount, Benefits usage, and market insights.

- Convert analytical findings into clear, actionable recommendations for decision-makers.

Governance & Compliance:

- Ensure Compensation & Benefits programs comply with applicable local regulations in each country.

- Maintain and update policies, procedures, and governance guidelines.

- Support audits and internal reviews related to Payroll and Comp & Ben processes.

Stakeholder Management:

- Collaborate closely with HRBPs, Finance, and senior leaders on compensation-related planning and decisions.

- Serve as a subject matter expert and trusted advisor on compensation and benefits topics.

- Provide guidance and training to managers and HR Partners on C&B frameworks.

Profile:

A successful individual in this role should have:

- Strong knowledge of Compensation principles and practices across India and US (experience/exposure to APAC is an advantage).

- 6-9 years of relevant work experience in Compensation management role.

- Strong communication abilities and effective stakeholder management skills.

- Experience working in a global or multi-country HR environment.

- Knowledge of compensation surveys, benchmarking practices, and vendor management.

- Experience with HR systems or compensation tools.

- An MBA from a reputable institution is preferred.