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Compensation Process Optimization & Systems Manager
Compensation Process Optimization & Systems ManagerConfidential • Hyderabad / Secunderabad, Telangana, India
Compensation Process Optimization & Systems Manager

Compensation Process Optimization & Systems Manager

Confidential • Hyderabad / Secunderabad, Telangana, India
12 days ago
Job description

Role Summary :

The Compensation Process Optimization & Systems Manager is responsible for :

  • Driving efficiency and accuracy of the global compensation infrastructure, data, tools and systems by leveraging automation, technology, and process enhancements
  • Planning, execution, and optimization of the annual compensation, benchmarking and survey submission cycles through process automation, data management, and system integration
  • Serve as a partner to the Compensation & Benefits teams, ensuring their needs are met through efficient systems, tools, and data-driven insights
  • Where needed, create dashboards and reporting tools to provide insight / visibility into compensation metrics and trends, forecasting, budgeting and modelling, facilitating better and faster decision-making

Roles & Responsibilities :

  • Annual Benchmarking Process
  • Manage participation in and submission to benchmarking surveys, and correct upload into internal benchmarking systems
  • Manage annual vendor selection in close collaboration with Compensation Leads and the Total Rewards Infrastructure Lead
  • Assess benchmarking results to identify trends and areas for improvement, recommend adjustments and support rollout of adjustments
  • Increase automated benchmarking by automating survey benchmark matching, driving benchmarking system improvements and data & insights
  • Model salary structures
  • Manage the development of country compensation budgets
  • Update and improve compensation modelers based on latest insights & up to date benchmarking information
  • 2.Annual Compensation Cycle Management
  • Collaborate in the planning, coordination, and execution of the annual compensation cycle and be an active member of the Annual Compensation Cycle Coalition Team
  • Collaborate closely with Finance to align fully loaded cost modeling with compensation scenarios, ensuring accurate budget forecasting and accruals
  • Collaborate in and implement timelines, testing, tools, and communication plans
  • Collaborate with Compensation Leads and HR Technology to ensure the compensation cycle runs smoothly and data integrity is maintained.
  • 3. Automation & System Optimization
  • Lead the identification, evaluation, and implementation of tools and technologies that improve the efficiency, consistency, automation and governance of compensation-related recurring tasks (salary structures, survey matching, benchmarking, retention, manual calculations, offer management etc.)
  • Be part of the Technology Roadmap Coalition team to enhance the configuration and functionality of compensation modules within the company's systems.
  • 4. Process Improvement
  • Review, map, and optimize current compensation processes to identify opportunities for process improvement, automation, and increased efficiency
  • Implement best practices in workflow automation to ensure compensation processes are streamlined, repeatable, and scalable.
  • 5. Data Management & Integrity
  • Ensure accuracy and integrity of compensation data by improving data management processes, building validation mechanisms, and automating data reconciliation
  • Create dashboards and reporting tools to provide visibility into compensation metrics and trends, facilitating better decision-making in close collaboration with the Total Rewards Automation & Technology Manager
  • 6. Project Management
  • Manage and oversee automation and process improvement projects within the compensation function, from concept to implementation
  • Develop project plans, timelines, and budgets to ensure successful and timely execution of initiatives
  • 7. Training & Change Management
  • Develop training materials and conduct training sessions for HR and compensation team members on new automated processes, tools, and systems
  • Lead change management initiatives to ensure successful adoption of new tools and processes by stakeholders
  • 8. Compliance & Risk Management
  • Ensure that automated processes are compliant with legal, regulatory, and company-specific requirements (e.g., data privacy, FLSA, pay equity laws)
  • Implement controls and validation checks within automated systems to minimize errors and reduce risk
  • Minimum Requirements :

  • Bachelor's degree or similar qualification in Human Resources, Information Technology, Business Administration, or a related field
  • Minimum of 8 years of experience in compensation, HRIS (preferably with Workday), or process improvement, with a strong focus on automation and technology implementation
  • Experience with data analytics tools and software (Tableau, Python, PowerBI, Visier and others)
  • Experience with HR systems and compensation software (e.g., Workday) and knowledge of compensation processes / benchmarking processes
  • Project management skills, with a proven track record of leading automation and process improvement initiatives
  • Advanced Excel skills, with experience in building and managing data models, as well as proficiency in data analysis and reporting tools
  • Strong attention to detail, with a focus on data integrity and quality
  • Excellent communication and stakeholder management skills
  • Experience in change management and delivering training programs to ensure successful adoption of new processes and tools
  • Skills Required

    Powerbi, Tableau, Excel, Workday, Python

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    Manager Compensation • Hyderabad / Secunderabad, Telangana, India

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