Associate Manager - HR

GMR Power Urban Infra; Hyderabad; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

GMR Power Urban Infra is seeking a Team Member - RB & EI to manage statutory compliances for SSC Hyderabad and Bangalore locations, including administration of employee benefits such as Gratuity, Superannuation, and PT.

The role involves handling insurance settlements (GMI/GTI/GPA), renewals with LIC, and timely remittances while ensuring adherence to regulatory guidelines and audit readiness.

Qualifications

• MBA/ MSW with 6-8 years relevant experience.
• Experience in statutory remittances and insurance management.
• Experience in Gratuity and Superannuation Trusts.

Responsibilities

• Oversee settlement of Group Insurance policies (GMI, GTI, GPA) for 40 entities.
• Renewal of Group Insurance and Gratuity policies with LIC.
• Execute monthly Professional Tax remittances.
• Handle employee grievances related to Gratuity, SAF, EPF, ESI and Insurance.
• Manage gratuity and superannuation settlements within defined TAT.
• Administer Gratuity Trusts and manage fund with IT approvals.
• Coordinate audits and KYC for gratuity trusts.
• Guide Bangalore and Hyderabad teams on PT remittances.

Skills

Statutory Compliance

Employee Benefits Management

Vendor Management

HR Compliance Management

Problem Solving

Teamwork

Education

MBA HR / MSW

Job description

JOB PURPOSE

The Team Member - RB & EI is responsible for handling statutory compliances for SSC Hyderabad and Bangalore locations, including the administration of employee statutory benefits such as Gratuity, Superannuation, and Professional Tax (PT).

ORGANISATION CHART

Head RB & EI --> Team Member - RB & EI

KEY ACCOUNTABILITIES

Responsibilities Key Performance Indicators (KPIs) Employee Insurance (GPA, GTI & GMI)

• Oversee the settlement of Group Insurance policies including Group Medical Insurance (GMI), Group Term Insurance (GTI), and Group Personal Accident Insurance (GPA) for 40 entities within stipulated timelines.
• Facilitate timely renewal of all Group Insurance and Gratuity policies with LIC, aligned with policy due dates.
• Execute monthly statutory remittances related to Professional Tax (PT) in accordance with applicable legal provisions.
• Address and resolve employee grievances related to Gratuity, Superannuation Fund (SAF), Employees Provident Fund (EPF), Employees State Insurance (ESI), and Insurance, adhering to defined TAT.
• Manage the settlement of employee benefit claims including approximately 90 100 Gratuity claims and 60 70 Superannuation claims per quarter, ensuring processing within TAT.
• Coordinate and complete Trust audits in line with Income Tax Department regulations, ensuring timely submission.
• Administer 30 Gratuity Trusts covering all group employees, including handling of equitable transfers for approximately 250 300 employees, managing a corpus of around 5 crore.

• Insurance Policy Compliance and Renewal Timeliness
• Employee Benefit Claim TAT

Statutory Compliances

• Responsible for overseeing and providing expert guidance on compliance with statutory provisions of Labour Laws across the Group, ensuring adherence to all regulatory requirements.
• Guide and support the team in the timely execution of monthly PT remittances for Bangalore and Hyderabad locations (covering 59 entities), including managing registrations, renewals, and filing of statutory returns in accordance with applicable laws.

• Statutory Compliance Accuracy and Timeliness

Trust Administration

• Administer Gratuity and Superannuation Fund Trusts across the Group, including formation of new trusts and securing necessary approvals from Income Tax authorities.
• Facilitate timely and adequate funding of Trusts during annual renewals and communicate funding status to actuaries for actuarial valuation reports.
• Process gratuity and superannuation settlements within defined TATs, maintaining strict adherence to internal policies and regulatory guidelines.
• Liaise with LIC for smooth and timely settlement of Gratuity and Superannuation claims.
• Coordinate with banks to manage and maintain Gratuity and Superannuation Fund Trust accounts effectively.
• Collaborate with auditors for annual preparation of trust financials and maintain accurate and timely filing of returns with IT authorities.
• Coordinate with senior officials at GMR for the formation of new gratuity trusts, facilitate KYC updates, and obtain necessary approvals for gratuity-related matters.

• Timely processing of gratuity and superannuation settlements within defined TAT

KEY ACCOUNTABILITIES - Additional Details

Responsibilities Key Performance Indicators (KPIs) Employee Relations and Support

• Provide guidance to team members on timely remittance of superannuation contributions, ensuring compliance with statutory requirements.
• Address and resolve employee grievances effectively, fostering a supportive work environment across Bangalore and Hyderabad locations.

• Timely remittance of superannuation contributions and resolution of employee grievances

EXTERNAL INTERACTIONS

• Government Bodies PT, LIC, Labor departments., Income Tax, PF, ESI
• Non-Government Bodies Insurance partners, TPA etc.

INTERNAL INTERACTIONS

• GMR group Senior Management
• Business HR
• Employees

FINANCIAL DIMENSIONS

• NA

OTHER DIMENSIONS

• NA

EDUCATION QUALIFICATIONS

• MBA HR / MSW

RELEVANT EXPERIENCE

• 6-8 years of relevant experience

COMPETENCIES

• Personal Effectiveness
• Social Awareness
• Entrepreneurship
• Problem Solving & Analytical Thinking
• Planning & Decision Making
• Capability Building
• Strategic Orientation
• Stakeholder Focus
• Networking
• Execution & Results
• Teamwork & Interpersonal influence
• Employee Benefits Management (Practitioner)
• Vendor Management (Practitioner)
• HR Compliance Management (Practitioner)