Senior Manager Total Rewards (Mumbai)

Senior Manager Total Rewards (Mumbai)

29 Aug
|
PIRAMAL PHARMA
|
Mumbai

29 Aug

PIRAMAL PHARMA

Mumbai

Job Overview

The Senior Manager – Total Rewards will be responsible for the administration, governance, and continuous improvement of employee benefits, global mobility programs, and long-term incentive (LTI) plans across the organization. The role ensures operational excellence, regulatory compliance, governance, employee experience, and stakeholder management across domestic and international locations. The incumbent will partner closely with HR, Finance, Legal, Secretarial, Payroll, Tax, and external service providers to administer employee benefit programs, manage global mobility processes, and oversee the end-to-end administration of ESOP plans. The role also supports Total Rewards strategy through analytics, process improvements, benchmarking, and policy development.

Qualification

• Bachelor's degree in Human Resources, Finance, Commerce, Business Administration or related discipline.

• Master's degree/MBA preferred.

• Professional certifications such as CA, Global Mobility, Compensation & Benefits or related certifications will be an advantage.

Relevant Experience

• 8 -10 years of progressive experience in Benefits, Global Mobility and LTI administration.

• Experience in administering employee stock plans within a listed organization.

• Strong understanding of employee benefits, mobility practices, compensation governance, and reward operations.

• Knowledge of Indian labour laws, taxation, SEBI regulations, Companies Act, FEMA/RBI guidelines, and international mobility compliance.

• Experience working with stock transfer agents, trustees, payroll, finance, and legal teams.

• Exposure to HRIS, Benefits Administration, ESOP administration platforms, and HR analytics.

• Experience managing confidential and sensitive employee information.

• Experience in managing a team, directly or indirectly.

Key Roles/Responsibilities

Global Mobility:

Understand and streamline the global mobility practices across business and entities.

Manage mobility processes for international assignments,



transfers, secondments, and short-term business travel.

Understand and support immigration, visa, work permits, relocation, tax, payroll, and social security requirements through internal and external partners.

Partner with tax consultants to ensure mobility tax compliance and assignment cost management.

Develop and maintain global mobility policies and governance frameworks.

Partner with Site HRs for expatriate onboarding, assignment lifecycle management, and repatriation processes.

ESOP Administration:

Administer end-to-end ESOP plan for the organization, including plan documentation, grants, vesting, exercises, forfeitures, settlements, and reporting.

Coordinate and support overseas ESOP processes, including PAN application, Demat account opening, remittance documentation, and tax compliance for international employees.

Maintain accurate records and support annual grant cycles in collaboration with internal and external stakeholders.

ESOP Governance, Employee Communication & Compliance:

Administer ESOP Trust activities, including share allocation, fund management, reconciliations, and record maintenance.

Develop employee communications, FAQs, training sessions, and provide support for benefits, mobility, and equity-related queries.

Ensure compliance with applicable regulations, including SEBI, Companies Act, FEMA, RBI, labour laws, and tax requirements, while coordinating regulatory filings and maintaining governance standards.

Finance, Secretarial, Vendor Management & Analytics:

Partner with Finance, Secretarial, Legal, Payroll, and external vendors to ensure accurate accounting, Board and committee approvals, statutory filings, audits, and smooth administration of Total Rewards programs.

Manage relationships with benefit providers, mobility partners, ESOP administrators, trustees, brokers, and consultants, ensuring service excellence and continuous process improvement.

Prepare dashboards, reports, and analytics on perks, mobility, and ESOP plans to support budgeting, compliance, leadership decision-making, and operational efficiency.

📌 Senior Manager Total Rewards (Mumbai)
🏢 PIRAMAL PHARMA
📍 Mumbai

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