09 Aug
|
Voya Financial
|
India
09 Aug
Voya Financial
India
About Voya:
Voya India (earlier VFISLK) started out as a joint venture between U.S. financial services company Voya Financial and SLK, a software services company and is head quartered at Bangalore. As of Aug 2023, we are a wholly owned subsidiary of Voya Financial. We are a dynamic technology & business process transformation company that provides world-class technology & business process management services, with an emphasis on quality, speed & optimization driven through automation.
We support and deliver innovative solutions to Voya’s Retirement, Employee Perks, and Investment Management businesses.
More information about us is available at: https://www.voyaindia.com
Role Summary:
Compensation Administration & Execution
Owns end-to-end processing of commissions, bonuses, and draws, including monthly close cycles, payout validation, and approvals.
System Ownership (Incentive Management)
Manages the compensation platform (e.g., SAP Incentive Management), including data accuracy, plan configuration support, and issue resolution.
Commission Accuracy & Timing
Ensures associates are paid accurately and on time, serving as the control point for compensation data integrity and payout readiness.
Accruals & Financial Coordination
Supports accrual calculations and works cross-functionally with Finance/Accounting
Roles & Responsibility:
Issue Investigation & Resolution
Troubleshoots discrepancies (e.g., missing deals, plan changes, terminations) and partners with Sales Ops, HR, and Finance to resolve them.
Process Documentation & Knowledge Transfer
Builds and maintains documentation (processing guides, participant records, position records) and supports knowledge transfer for continuity
Accounting experience is helpful but not required
Primary Skill:
Compensation Administration & Execution
Secondary Skill:
Advanced Excel, Problem solving
Qualifications:
Graduation
Location:
Bangalore/Pune/Noida/ Hyderabad
📌 Lead Associate (India)
🏢 Voya Financial
📍 India