Compensation Benefits Specialist

Department Icon Human Resource (HR)/ Talent Acquisition
Posted: 3 months ago
5-10 years
Mumbai, Maharashtra
Human Resource (HR)/ Talent Acquisition
work from office
Full Time

Posted: 3 months ago
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Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

Job Title: Compensation & Benefits (C&B) Specialist / Manager

Location: Bandra Kurla Complex (BKC), Mumbai

Experience: 5–10 Years

We are looking for an experienced Compensation & Benefits (C&B) professional to join our HR team. The ideal candidate will be responsible for managing compensation structures, employee benefits programs, salary benchmarking, HR analytics, and ensuring compliance with organizational policies.

Key Responsibilities

  • Manage end-to-end compensation and benefits processes.
  • Conduct salary benchmarking and market compensation analysis.
  • Support annual compensation reviews, salary revisions, promotions, and bonus cycles.
  • Design and administer employee benefits programs, including insurance, PF, gratuity, and other welfare schemes.
  • Analyze compensation data and provide insights to leadership for decision-making.
  • Ensure compliance with statutory requirements and company policies.
  • Partner with HRBP, Talent Acquisition, and Finance teams on compensation-related matters.
  • Prepare and maintain HR dashboards, reports, and MIS related to compensation and benefits.
  • Support budgeting, workforce planning, and headcount analysis.
  • Drive process improvements and automation initiatives within the C&B function.

Required Skills & Qualifications

  • MBA/PGDM in HR, Finance, or a related field.
  • 5–10 years of relevant experience in Compensation & Benefits, Rewards, or HR Analytics.
  • Strong understanding of compensation structures, salary benchmarking, and benefits administration.
  • Experience working with HRMS and advanced Excel.
  • Strong analytical, problem-solving, and stakeholder management skills.
  • Knowledge of labor laws, PF, gratuity, and statutory compliance.
  • Experience in the BFSI/Financial Services sector will be preferred.

If you are interested, please share your updated CV directly at [HIDDEN TEXT] along with the following details:

  • Current CTC
  • Expected CTC
  • Notice Period

Shortlisted candidates will be contacted for further discussions.

Skills

CompensationHr AnalyticsTalent AcquisitionHrHrbp

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About Company

Northern Arc Capital is a leading Non-Banking Financial Company (NBFC) in India that provides financial services to underserved communities and small businesses. They focus on lending and financial inclusion.

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