Sr Manager - Global Compensation

Apotex Inc.; Bengaluru; Hybrid; INR 4,500,000 - 6,500,000; Full time

Job summary

Apotex Inc. is seeking a Total Rewards leader to drive compensation, benefits and recognition programs for India as part of a global team. You will manage payroll processes for the India entities and collaborate with HR on benefits delivery while aligning with global practices.

You will oversee annual compensation cycles, merit and incentive plans, and budgets, while ensuring compliance and process harmonization across regions. Strong SAP SuccessFactors experience is preferred.

Qualifications

• University or Graduation degree in a related field.
• Advanced computer skills (MS Office) and HRIS (preferably SAP SuccessFactors).
• Strong MS Excel and presentation skills.
• Ability to communicate effectively both verbally and in writing.
• Strong ability to influence stakeholders and align with HR Partners.
• Experience with developing related programs and policies.
• Ability to take initiative in a fast-paced environment.

Responsibilities

• Lead rollout of global Total Rewards initiatives for Apotex India (merit review, incentives, equity).
• Ensure payroll processes and settlements for India entities.
• Support benefits programs (NPS, SAS, medical insurance, GPA, GTL).
• Harmonize Total Rewards processes for India and support Gulf Region.
• Prepare headcount and opex budgets; monitor monthly targets.
• Negotiate and implement annual compensation revisions in line with agreements.

Skills

Advanced MS Office

HRIS (SAP SuccessFactors)

AI/ChatGPT in HR

MS Excel

Presentation skills

Communication

Stakeholder influence

Policy development

Proactive initiative

Education

University/Graduation in related field

Tools

SAP SuccessFactors

Workday

Oracle HCM

Job description

Job Description:

About Apotex Inc.

Apotex is a Canadian-based global health company. We improve everyday access to affordable, innovative medicines and health products for millions of people worldwide, with a broad portfolio of generic, biosimilar, innovative branded pharmaceuticals and consumer health products. Headquartered in Toronto, with regional offices globally, including in the United States, Mexico and India, we are the largest Canadian-based pharmaceutical company and a health partner of choice for the Americas for pharmaceutical licensing and product acquisitions. For more information visit: www.apotex.com .

Job Summary

Total Rewards is a critical element of the Apotex employee experience. This position is an integral member of global Total Rewards team, collaborating with other HR partners and the business to implement programs that will attract, retain, motivate and reward talent that will help to drive the continued success of Apotex. This role will work closely with the global team to provide expertise in the design, delivery and assessment of all compensation, reward and recognition programs globally with key locations being India, Canada, USA, Mexico and the Gulf Region. The incumbent will act as a key resource and partner for India HR team to ensure the programs are competitive and consistent with the business and human resource strategies.

Job Responsibilities

• Global Responsibilities:
  • Provide technical expertise in the design and monitoring of Compensation and Rewards programs in alignment with business strategy.
  • Review and recommend changes to reward programs based on business needs, market practices, economic conditions and regulatory requirements.
  • Coordinate the implementation, communication, delivery and measurement of reward programs.
  • Work with the team to manage the annual global compensation review process for global employees, including annual salary budget recommentations and adminstration of annual incentive plans, including cost projections for the current year and target setting for the upcoming year and year end merit review process.
  • Prepare compensation proposals and manage compensation, rewards and/or recognition programs as required to deliver the best employee experience.
  • Compile and analyse compensation metrics from global locatons to report on compensation trends and metrics.
  • Coordinate with HR Shared Services team in India and our recognition program vendor (Workhuman) to manage and administer BRAVO!, our global recognition program.
  • Prepare, recommend, manage and report on the annual merit and short-term incentive program budgets.
  • Demonstrate total rewards subject matter expertise by using open, honest, two-way communication to build trust-based relationships with employees, business partners and direct leader while continuously improving leadership capabilities by personally seeking feedback and development.
  • Support the SAP SuccessFactors global implementation in 2024 specfically on the compensation module and benefits administration for India and the Gulf Region.
  • Create a culture which values trust and provides the opportunity for Employee development and growth in pursuit of our purpose and demonstrating our core values – Collaboration, Courage, Perseverance and Passion.
  • Demonstrate our Winning Behaviours at all times: Individual Accountability, Rigour and Discipline and Continuous Improvement.
  • Other duties as assigned.
• India Responsibilities:
  • Lead the roll out of global Total Rewards initiatives for Apotex India - annual merit review, short term incentive (GAIP and APIP), equity (MEP) and other programs as assigned.
  • Ensure timely and effective execution of payroll processes related to Total Rewards- payroll processing, full & final settlement process.
  • Ensure compliance with all payroll related activities for both the entities India entitties (ARPL & APIPL) and oversee the payroll administration of ARPL & APIPL.
  • Support the global Benefits Team to ensure timely and effective execution of employee benefit plans like national pension system (NPS), SAS, FSG, medical insurance, groups personal accident (GPA) and group term life (GTL).
  • Harmonization of Total Rewards processes, policies and programs for India (ARPL & APIPL entities) and support the Gulf Region with programs and processes.
  • Ensure strong financial discipline in preparing headcount & opex budgets/forecasts and meeting monthly budget targets with variance reviews wherever required.
  • Support the India union collective bargaining agreement negotiation process .and implement annual compensation revision and other programs in line with the agreement.

Job Requirements

• Education
  • University or Graduation degree in a related field.
• Knowledge, Skills and Abilities:
  • Advanced computer skills (MS Office), HRIS (preferably with SAP SuccessFactors) and any AI/ ChatGPT exerperience in HR is highly desirable.
  • Strong MS Excel and presentation skills.
  • Ability to communicate effectively both verbally and written.
  • Strong ability to influence stakeholders, educate and align with HR Partners.
  • Demonstrated ability to develop related programs & policies .
  • Ability to demonstrate initiative in a fast-paced work environment.
• Experience
  • 12-15 years of progressive compensation experience along with any experience / understanding of global total rewads, benefits and/or recognition is considered an asset.
  • Previous work experience for a global or multi-national company and/or compensation experience for not only India but any of Canada, US, Mexcio or the Gulf Region.
  • Previous work experience with a HCM tool like SAP SuccessFactors, Workday or Oracle HCM.

At Apotex, we are committed to fostering a welcoming andaccessible work environment, where all everyone feels valued, respected, and supported to succeed.

We offer accommodation for applicants with disabilities as part of its recruitment process. If you are contacted to arrange for an interview or testing, please advise us if you require an accommodation.