Compensation & Benefits (Shared Services) Specialist

Medpace, Inc.; Navi Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Medpace, Inc. in Navi Mumbai is seeking a Compensation & Benefits Specialist to join its growing Human Resources team.

You will manage monthly payroll, onboarding/offboarding, data preparation, and benefits administration in a dynamic environment. You will coordinate with colleagues in Germany and the United States on financial controls, work with accounting on bookkeeping, and liaise with external vendors to resolve payroll and benefits issues.

Qualifications

• Bachelor’s degree in Accounting, Finance, HR, or related field.
• 3–5 years of experience in Payroll, Benefits, Total Rewards, or related field.
• Experience with multinational companies preferred.
• Advanced knowledge of Microsoft Excel.
• Experience with HRIS/ERP software.
• High attention to detail and accuracy.
• Excellent written and verbal communication skills.

Responsibilities

• Coordinate monthly payroll administration activities including onboarding/offboarding, data preparation, and file maintenance.
• Calculate and validate payments and deductions.
• Oversee benefit administration activities including enrollments, terminations, invoicing, and vendor communications.
• Collaborate with Compensation & Benefits teams in Germany and the US on financial controls and vendor management.
• Partner with Corporate and local Accounting on expense accruals, reconciliations, and bookkeeping queries.
• Support employment changes such as separations and cross-country transfers.
• Maintain payroll processes and statutory reporting calendars.
• Address employee inquiries and coordinate communications.
• Interface with external vendors to resolve payroll and benefits issues and discuss service terms.
• Research local laws and practices related to employment, payroll, and benefits.
• Maintain HR databases and systems; assist with projects as needed.

Skills

Attention to detail

Strong communication skills

Team collaboration

Problem solving

Education

Bachelor’s degree in Accounting, Finance, HR, or related field

Tools

Microsoft Excel

HRIS/ERP software

Job description

Job Summary

Due to our recent growth, we are in need of qualified and focused driven individuals, like yourself. This is a critical role in our continuously-growing Human Resources department, where you will be part of a dynamic, fast-paced work environment. As a Compensation & Benefits Specialist, you will be a productive member of the team, and will be mentored and supported as you develop your skills. In this position, you will be able to use your own skills to help accomplish tasks that are instrumental to the company’s growth.

Responsibilities

• Coordinate monthly payroll administration responsibilities, including employee onboarding/offboarding, data preparation and submission, financial control, payment processing, and file maintenance;
• Calculate and validate payments and deductions;
• Coordinate benefit administration activities, including but not limited to enrollments, terminations, invoice reviews, and third-party vendor communications;
• Collaborate with Compensation and Benefits colleagues in Germany and/or the United States on financial control processes and third-party vendor management;
• Work with Corporate and local Accounting on various tasks, including expense accrual, account reconciliation, and specific bookkeeping queries;
• Support unique employment changes that require specialized insight, including employment separations, cross-country transfers, etc.;
• Maintain payroll process and statutory reporting calendars;
• Address employee-level inquiries and coordinate employee-wide communications;
• Communicate with external vendors to resolve payroll and benefits issues, implement process changes, and discuss terms of service;
• Research local country laws and common practices related to employment, payroll, and benefits;
• Maintain departmental databases and HR systems; and
• Assist Compensations and Benefits department with other projects, as needed.

Qualifications

• Bachelor’s degree in Accounting, Finance, Human Resources, or related field;
• 3 to 5 years of experience in Payroll, Benefits, Total Rewards, or related field;
• Experience working for a multinational company preferred;
• Intermediate-to-Advanced knowledge of Microsoft Excel;
• Intermediate-to-Advanced knowledge of Human Resources or Enterprise Resource Planning software;
• High attention to detail; and
• Excellent written and oral communication skills.

Medpace Overview

Medpace is a full-service clinical contract research organization (CRO). We provide Phase I-IV clinical development services to the biotechnology, pharmaceutical and medical device industries. Our mission is to accelerate the global development of safe and effective medical therapeutics through its scientific and disciplined approach. We leverage local regulatory and therapeutic expertise across all major areas including oncology, cardiology, metabolic disease, endocrinology, central nervous system, anti-viral and anti-infective. Headquartered in Cincinnati, Ohio, employing more than 5,000 people across 40+ countries.

Why Medpace?

When you join Medpace, you become part of a team dedicated to supporting the development of ground-breaking drugs and devices. Our employees provide hope for those living with debilitating diseases. We invite you to be a part of something that is impacting millions of people around the globe while enjoying a competitive total compensation and benefits package and internal growth opportunities.

Awards

• Medpace historically named a Top Cincinnati Workplace by the Cincinnati Enquirer
• Recognized by Forbes as one of America's Best Mid-size Companies in 2021
• Medpace ranks amongst top CROs for site ratings across all 10 important attributes including CRA training, preparation & organization, accessibility of staff, open communication, and ensuring timely drug availability
• Continually recognized with CRO Leadership Awards from Life Science Leader magazine based on expertise, quality, capabilities, reliability, and compatibility

EO/AA Employer M/F/Disability/Vets