MANAGER

JOB DESCRIPTION Section I: Basic Information on the Role Position Name Manager – Payroll & Operation Function Human Resources Line of Business Corporate Grade D3 Reporting to Functionally Administratively General Manager - HR General Manager - HR Roles Reporting into No.

of employees Role Description Section II: Job Summary Responsible for aligning and managing Compensation & Benefit framework of the organization in line with the human resources vision & rewards philosophy of the organization. The manager ensures timely execution of compensation and disbursement of grade-entitled benefits to all employees.

The manager also validates from a compensation perspective, the external and internal equity of new hires.

Section III: Do – Key Activities and responsibilities of the role Perspective Responsibility Strategic - Aligns the Compensation & Benefits framework in line with the HR strategy and Rewards philosophy Financial - Plans and maintains compensation budget for the organization - Tracks & reviews monthly salary costs and prepares reports on the same - Plans annual increments and incentive allocation with inputs from business function heads and Head- HR Customer - Ensures on time preparation and disbursement of monthly salary as well as annual incentives - Undertakes all activities to ensure internal satisfaction with the C&B process - Resolves salary and other reimbursement related queries of employees on an ongoing basis - Identifies & liaises with external consultants and professional service providers for providing expertise on specific interventions like annual compensation surveys and market benchmarking - Determines and aligns compensation packages for all new employees, while maintaining internal and external equity Internal Process/Internal Process/Operations - Designs and implements the benefits schemes for reward & recognition programs - Conceptualizes, develops and implements compensation & benefits policies which are competitive and in line with the business goals - Defines the compensation structure for employees at various levels in association with the GM – HR and President - HR - Benchmarks current compensation & benefits practices against best practices - Benchmarks compensation data with respect to competitors to ensure that competitive remuneration is given to employees - Develops variable pay plans that drive business objectives and ensures that employees are given incentives to achieve stretch targets - Designs the annual increment cycle and develops tools & policies to facilitate decisions - Ensures that the compensation & benefits policy of the firm is in compliance with statutory norms - Prepares monthly payroll sheets, payroll slip, employee deductions and entitlements in accordance with the company’s policies and procedures - Initiates and executes payroll processing and ensures accurate & timely disbursement of salaries - Provides monthly MIS inputs on payroll to the finance department and external regulatory authorities on a need basis Learning & Development - Participates in various forums and gathers & implements best practices in the area of compensation & benefits Section IV: DELIVER – KEY OUTPUTS / RESULTS FROM THE ROLE Key Performance Indicators (KPI) What are the measurable indicators for the role?

Measurable Deliverables - Timely and error-free disbursement of payroll - Timely resolution of salary and other reimbursement related queries of employees - Negative variance from compensation budget - Validity and correctness of payroll data entered and reported - Must Have Knowledge of Working in Darwinbox Section V: DISPLAY – KNOWLEDGE & SKILLS In this section, please mention the qualification, technical skills and capabilities which are essential to execute the role.

It may be a reflection of your own qualification and skills Qualification and technical skills required to execute the role. Please mention any functional knowledge. E.g.

PhD in xyz Qualifications MBA - HR or equivalent Technical Skills SAP / HRMIS know-how is a must Excellent PC skills with high proficiency in MS office, especially Excel Experience levels required to execute this role E.g. 2-4 yrs of experience as a salesman in ABC market Specific Experience 8 –12 years hands on experience in Compensation & Benefit activities Over all Experience 8- 12 years experience in HR Behavioral skills / competencies required for the role.

E.g.

Attention to detail Behavioral Skills - Strong Interpersonal skills - Communication & presentation skills - Team orientation - Analytical thinking - Assertiveness Section V: KEY INTERACTIONS Mention names of the roles which are not in your department with whom this role interacts Key Interaction – Internal Nature or purpose of interaction - Departmental Heads - Leadership members - Employees - To understand the business needs - Upward reporting and take guidance & approval on compensation design - Answering queries related to salary and benefits processing - GM-HR & President-HR - To review progress on the activities and the initiatives Key Interaction – External Nature or purpose of interaction - Vendors - C &B Consultants As per organization’s needs: - Initiation of activities - Commercials - Review and closure