C&B Analyst

Company Name: Amdocs Inc

Location: Gurgaon, MH, IN

Job Duration: 2024-07-20 to 2024-08-19

Overview

Job ID: 187956 
Required Travel :Minimal 
Managerial – No 
Location: :India- Gurgaon (Amdocs Site) 

Who are we?

Amdocs helps those who build the future to make it amazing. With our market-leading portfolio of software products and services, we unlock our customers’ innovative potential, empowering them to provide next-generation communication and media experiences for both the individual end user and enterprise customers. Our approximately 30,000 employees around the globe are here to accelerate service providers’ migration to the cloud, enable them to differentiate in the 5G era, and digitalize and automate their operations. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.89 billion in fiscal 2023.

In one sentence

Analyzes and reconciles Compensation & Benefits (C&B) data, and executes regional and/or global C&B policies and processes.

What will your job look like?

  • Implement Compensation and/or Benefits Strategy- Executes regional and/or global C&B processes tosupport and align with the business’s needs and strategy. Areas include salary increase processes, AnnualIncentive Plan (AIP), sales Incentive processes, periodic or ongoing promotions, M&A, equity processesand employee insurance renewals.- Supports the implementation of C&B policies & procedures.- Analyzescomplex data, provides performance and compensation & benefits analyses and simulations on individualsor groups to support decision making.- Provides on going support to the business (managers, employees,Finance, legal, HR and other functions) on the various aspects of compensation & benefits.- Maintainsongoing contact with external compensation and benefits vendors.
  • Exceptional requests- Provides research and data analysis, (e.g., forecasts and simulations) for HR or C&Bmanagers for exceptional / non-standard / tailored compensation and benefits packages or elements ofpay.
  • Communication of Compensation & Benefits Packages- Is involved in the structuring of communicationmaterials regarding the various aspects of compensation & benefits.- Supports the development ofcommunication materials by providing data analyses.
  • Best Practice- Stays up to date on C&B trends and market practices, and applies that knowledge to day today practices.- Conducts analyses of market trends, providing basic insights from compensation & benefitssurveys.
  • Budget Control, Responsibility & Cost Management- Performs costs analyses and forecasts, providing dataand insights to stakeholders at the corporate economics and management levels.- Monitors specificemployee-related costs and budgets throughout the year.
  • Mergers, Acquisitions & RebadgingIs involved with such ad hoc projects as restructuring activities, mergers& acquisitions, Rebadge transfers:- Assesses cost impacts and practical considerations of harmonizing ormaking any changes to the compensation and benefits of transferring employees.
  • HR Information Systems, C&B modules and related systems- Is engaged with operating systems as well asthe upload / download of data- Develops and generates reports from IT systems and databases, andperform data reconciliation. – Is involved in the configuration and testing of new HR Information systems.

All you need is…

 

  • Bachelor/B.Sc. Degree, preferably in Economics, Statistics, HR or the equivalent. Alternatively, a degree in business Administration or Industrial Engineering would be acceptable ( Preferred – Education should be full time)
  • Post graduate diploma or degree in HR or equivalent – advantage (  Preferred – Education should be full time )
  • 4 – 9 years of experience handling C&B issues –  advantage; incumbent, however, can be hired immediately after university (experience is not required)
  • Must have experience in and proficiency with advanced spreadsheets at a high level, preferably in the use of formulas and macros
  • Some experience in the economics, finance department or HR – an advantage
  • Experience working in a multi-cultural global company –  advantage

Why you will love this job:

  • Be part of the core unit that will define, shape and organize the compensation and benefits structure of the company
  • Discover and hone your skills
  • Be surrounded by talented HR professionals who collaborate towards a common goal

Amdocs is an equal opportunity employer. We welcome applicants from all backgrounds and are committed to fostering a diverse and inclusive workforce