Compensation and Benefits Specialist

PwC; Mumbai; On-site; INR 500,000 - 800,000; Full time

Job summary

A global professional services firm in Mumbai is seeking a Compensation Specialist with at least 2 years of payroll compensation experience. The role involves engaging with candidates about their compensation, preparing offer sheets, and collaborating with leadership to ensure competitive offers. Candidates should be proficient in Excel, possess good analytical abilities, and have a solid understanding of accounting concepts. This is an excellent opportunity for a proactive individual to contribute significantly to the team.

Qualifications

• Minimum 2 years of experience in handling payroll compensation.
• Basic understanding of accounting and taxation.
• Proficiency in MS Excel and PowerPoint.

Responsibilities

• Engage with candidates to understand their compensation structures.
• Prepare and ensure accuracy of offer sheets.
• Collaborate with leadership to refine offers.
• Maintain an organized database of candidate information.
• Support Compensation & Benefits Team with data.

Skills

Experience in payroll compensation

Knowledge of accounting and taxation

Hands-on with stock valuations

Excellent command over MS Excel

PowerPoint presentation skills

Good communication skills

Analytical skills

Job description

• Independently engage with potential candidates to thoroughly understand the various components of their current compensation structures and effectively communicate the details of their proposed offers.
• Prepare offer sheets for potential candidates, ensuring all details are accurately captured and aligned with organizational standards.
• Collaborate with the Leader to discuss and refine proposed offers, ensuring they are competitive and align with strategic objectives.
• Maintain a detailed and organized database that captures all relevant information concerning candidates, ensuring easy access and retrieval for strategic decision-making.
• Provide necessary compensation‑related data to the Compensation & Benefits Team and regularly support them with pertinent information to aid in their ongoing analysis and reporting.

Skills Required

• 2+ years of experience in handling payroll compensation.
• Knowledge of basic accounting and taxation concepts is essential.
• Hands‑on with stock valuations (ESOP, RSU valuation) and build Discounted Cash Flow models.
• Excellent command over MS Excel.
• Able to work extensively with MS PowerPoint presentation skills.
• Good communication and interpersonal coordination skills.
• A self‑starter and should be diligent, proactive and timely in completion of tasks.
• Should have good analytical skills.
• Knowledge of basic accounts and compensation structure is essential.