Rewards COE

About the role

Key Responsibilities :

1. Dashboard Development :

o Create and maintain comprehensive monthly, quarterly, and annual dashboards that track key compensation metrics, trends, and benchmarks.

o Collaborate with cross-functional teams to gather relevant data and insights for reporting.

2. Cost Forecasting and Reconciliation :

o Conduct cost forecasting to project compensation expenses accurately, aligning with budgetary goals.

o Perform regular reconciliation of compensation-related costs, ensuring alignment with financial reports and budgets.

3. Data Management and Operations :

o Manage and maintain compensation data integrity across systems, ensuring accurate and timely updates.

o Streamline data processes to enhance operational efficiency and reporting accuracy.

4. SAP SuccessFactors Support :

o Provide functional support for SAP SuccessFactors, focusing on digitization requirements and system enhancements.

o Assist in the generation and release of compensation letters, ensuring compliance with internal policies.

5. Payroll Inputs :

o Collaborate with the payroll team to provide accurate and timely inputs related to compensation changes, bonuses, and other incentives.

o Ensure payroll processes align with compensation policies and regulations.

6. Invoicing and Compliance :

o Assist in managing invoicing processes related to compensation initiatives and ensure timely payment.

o Support compliance efforts by maintaining accurate records and documentation for audits and reviews.

7. Compensation Planning :

o Collaborate with the Rewards Manager in developing and implementing compensation strategies and plans.

o Conduct market analysis and benchmarking to inform compensation decisions and recommendations.

8. Cross-Functional Collaboration :

o Work closely with HR, finance, and other stakeholders to ensure alignment on compensation strategies and objectives.

o Participate in special projects and initiatives related to compensation and employee rewards.

Who are we looking for?

Education and Experience :

Bachelors / Masters degree in Management / HR with 2-5 years of experience in a compensation support role.

Skills :

Experience of using SAP Success Factors (EC + Compensation Module)

Functional knowledge of Power BI

Strong analytical skills

Attention to detail

Proficiency in Microsoft Excel and Microsoft PowerPoint.

Stakeholder management & interpersonal skills

Ability to work independently and as part of a team in a fast-paced environment