Role at a glance
- Job function
-
Human Resources & People Operations Total Rewards (Compensation & Benefits)
- Salary
- Not Disclosed
- Location
- Mumbai Maharashtra India
- Work arrangement
- Hybrid
- Employment
- Full-time
- Education
- Bachelor’s degree or equivalent work experience.
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Role Summary
This HR Benefits Analyst role ensures benefit operations and procedures follow established protocols and in-country governance regulations, including day-to-day benefit operational activities and keeping SOPs and OPMs up to date. The role covers in-house Provident Fund, Gratuity, and Superannuation trusts, with responsibilities spanning trust accounting, statutory compliance, trustee reporting, and settlements.
What You'll Do
- Assisting the Team Lead in managing in-house Provident Fund (PF), Gratuity, and Superannuation Trusts.
- Reviewing books of accounts, ledger entries, and cash flow statements for PF, Gratuity, and Superannuation Trusts from an internal and...
- Handling statutory returns, timely payments, and filings with regulatory bodies.
- Drafting board resolutions after Trustee meetings and coordinating filings with external entities (Banks, EPFO, LIC).
- Preparing and validating employee headcount data for annual actuarial valuations (Gratuity and Pension/Superannuation).
- Processing PF claims (Transfer-Ins, Non-Refundable/Partial withdrawals, and Final settlements), SAF and Pension claims, and Gratuity...
Generated from the employer's posting. Verify important details before applying.
View full postingQualifications
Bachelor's degree or equivalent work experience, with strong MS Excel and Workday skills; HR benefits experience is preferred.
Required
- Bachelor's degree or equivalent work experience
- Working knowledge of Workday
- Proficient in MS Office, with strong working knowledge of MS Excel
- Ability to prioritize tasks and meet deadlines in a fast-paced environment
- Good written and verbal communication skills
Preferred
- Experience of minimum 3 to 5 years in HR Benefits operations and payroll support
Original job description
Content provided by the employer
Original job description
Content provided by the employer
Job Description
The HR Benefits Analyst (C09) is responsible for ensuring that all benefit operations and procedures are carried out in line with established protocols and in-country governance regulations. This role involves overseeing day-to-day benefit operational activities and ensuring that Standard Operating Procedures (SOPs) and Operating Procedure Manuals (OPMs) are kept up to date. The role requires sound knowledge of employee benefit programs and relevant industry practices. Strong proficiency in MS Excel is essential to maintain benefit trackers, manage large sets of data accurately, and ensure precise calculations for employee disbursements and final settlements.
Responsibilities:
- Trust Operations Management: Assisting the Team Lead in managing in-house Provident Fund (PF), Gratuity, and Superannuation Trusts.
- Trust Accounting & Audit: Reviewing books of accounts, ledger entries, and cash flow statements for PF, Gratuity, and Superannuation Trusts from an internal and statutory audit perspective.
- Statutory Compliance & Filings: Handling statutory returns, timely payments, and filings with regulatory bodies.
- Trustee Governance & Board Resolutions: Drafting board resolutions post-Trustee meetings and coordinating filings with external entities (Banks, EPFO, LIC).
- Trustee Reporting: Preparing dashboard presentations, metrics, and meeting deck for Trustee review.
- Process Governance: Creating, reviewing, and updating Standard Operating Procedures (SOPs).
- Actuarial Data Preparation: Preparing and validating employee headcount data for annual actuarial valuations (Gratuity & Pension/Superannuation).
- Settlements & Transfers: Processing PF claims (Transfer-Ins, Non-Refundable/Partial withdrawals, and Final settlements) ,SAF & Pension claims and Gratuity claim disbursements from the Trust.
- Vendor & Authority Coordination:
- Coordinating with investment managers/vendors to deploy monthly Trust contributions post-payroll.
- Liaising with the PF Office / EPFO on compliance and claims.
- Coordinating with LIC for Gratuity and Superannuation policy operations.
Qualifications:
- Experience of minimum 3 to 5 years in HR Benefits operations and payroll support preferred.
- Working knowledge of Workday.
- Proficient in MS Office, with strong working knowledge of MS Excel.
- Ability to prioritize tasks and meet deadlines in a fast-paced environment.
- Good written and verbal communication skills.
Education:
- Bachelor’s degree or equivalent work experience.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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Job Family Group:
Operations - Core------------------------------------------------------
Job Family:
Operations Support------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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About the company
Citi
Large Enterprise
Citi is a global financial services corporation that offers a wide range of financial products and services, including consumer banking, credit, investment banking, and wealth management. With a presence in nearly 100 countries, Citi serves millions of customers, from individuals and small businesses to large corporations and governments. The company is dedicated to innovation and sustainability, actively working to support economic growth while addressing environmental and social challenges. Citi’s commitment to providing exceptional service and fostering diverse talent makes it a prominent choice for students aspiring to build a career in finance and banking.