Compensation Senior Analyst - C12 - MUMBAI

The Compensation Senior Analyst is a seasoned professional role. Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and work-flow for the area or function. Integrates subject matter and industry expertise within a defined area. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the function and overall business. Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information. Requires good analytical skills in order to filter, prioritize and validate potentially complex and dynamic material from multiple sources. Strong communication and diplomacy skills are required. Regularly assumes informal/formal leadership role within teams. Involved in coaching and training of new recruits Significant impact in terms of project size, geography, etc. by influencing decisions through advice, counsel and/or facilitating services to others in area of specialization. Work and performance of all teams in the area are directly affected by the performance of the individual.
 

Responsibilities:

• Maintenance of Citi's Incentive Compensation accrual and reporting system (Baseline). Responsibilities include Monthly , annual manual and ad-hoc adjustments to system accruals.
• Generation of reports from the accrual system
• Generation of incentive compensation reports and analysis
• Possesses and independently applies a fundamental knowledge of Compensation principles, practices and procedures in the completion of compensation assignments
• Utilizes advanced excel, access and business objects skills to create various compensation reports and analysis. Applies judgment when interpreting compensation reports and results. Identifies inconsistencies in data or results.
• Acts as the SME for the compensation system and leads the system administration across the sector. Activities include comp plan set ups, user access coordination, user acceptance testing, troubleshooting.
• Assists with the mid year and year end compensation cycle by performing activities like HR and manager training, calendar and payroll coordination, reporting and reconciliation, auditing of recommendation, assisting HR partners and managers etc.
• Coordinates and administers the market data process. Utilizes the market data system to perform survey matching, results validation and analysis
• Evaluates jobs using established evaluation systems, determines grades and prepares records on the validity of the evaluations.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• 5-8 years relevant experience in Compensation, Accounting, Finance, HRIS.
• Proficient in Microsoft Office with an emphasis on MS Excel
• Ability to meet deadlines while dealing with multiple priorities.
• Consistently demonstrates clear and concise written and verbal communication skills

Education:

• Bachelor’s/University degree in Accounting, Finance, Management, Engineering or similar quantitative degrees

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Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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