Compensation & Benefits Specialist

Summary

Join iHorizons as a Compensation & Benefits Manager and oversee the complete lifecycle of employee compensation and benefits, predominantly for a remote workforce. You will manage payroll processing and payout across various geographical locations, ensuring accuracy and adherence to SLAs. Implement and manage employee benefits plans, handle benefits administration, and support HRIS implementation and maintenance. You will also be responsible for creating reports, analyzing data, and developing best practices in compensation and benefits. The role requires strong analytical skills, expertise in MS Excel, and a deep understanding of HRIS systems. Success in this role demands a collaborative spirit, attention to detail, and excellent communication skills.

Requirements

• Bachelor’s/Master’s degree in HR/Business Administration studies is highly preferred
• Min 5 years of experience in a C&B focused role
• A minimum of overall 7-8 Years’ experience in HR roles (closely working with C&B)
• Advanced knowledge of any HRIS systems
• Expert level in MS Excel and mid-level expertise in other MS office modules
• Ability to be a team player, who can step into a fast paced and timebound deliverables
• Ability to work with numbers and still be compassionate while addressing questions, issues, and escalations
• Ability to wear multiple hats and manage in the absence of key team members
• Knowledge and implementation of variables pay options
• Knowledge of legal rules and labor laws of the country of hire, with the ability to quickly learn the rules & laws of the other countries where iHorizons has its operations
• Extensive knowledge of HRIS
• Analytical Skills
• Very high attention to detail
• Excellent communication skills and peoples’ person

Responsibilities

• Manage all C&B Operations with accuracy and within SLA’s
• Be able to create, manage, analyze, report the entire Human Capital costs and Benefits Structure of the organization
• End to end responsibility of payroll processing and payout to employees within SLA and with accuracy
• Manage the employee separation process, payout of Full & Final Settlement within set SLA
• Supervise the leave & attendance records and reports for accuracy, manage escalation cases
• Prepare and issue accurate job offers/agreements and ensure end to end closure of the offer
• Handle salary negotiations with candidates during offer stage and suggest requisite recommendations
• Meet all statutory compliance for compensation practices at iHorizons and follow the legal rules & labor laws of the countries where iHorizons operate
• Propose and implement cost efficient employee benefits plans that best suit the iHorizons’ workforce
• Handle all elements of benefits administration including vendor management, employee queries and escalations
• Recommend and administer employee perks etc
• Support in the planning and implementation of HR Information Systems (HRIS) and own migration of payroll and related modules to the new HRIS
• Maintain and administer the current HRIS system accurately
• Process leaves, attendance and working hours and geographic holidays on the HRIS
• Prepare and provide all Human capital cost reports to Finance as per SLA’s
• Prepare and provide budget apportionments to Business Units
• Prepare and provide actual & variance reports
• Periodical analysis of reports on salary payout trends and patterns
• Prepare and provide Expense reports
• Maintain extensive control over Master Data to provide adhoc reports
• Develop and implement best practices in C&B including creation of job grades, job evaluation and salary bands
• Periodically conduct salary surveys and propose C&B changes

Preferred Qualifications

• Candidates with experience in the IT industry or related industries with knowledge workers is preferred
• Candidates with experience in managing multi-country C&B operations is preferred
• Candidates with experience in Microsoft HR module are highly desirable