Citi Group HR Benefits Ops Intermediate Analyst - C11 

Malaysia, Penang, George Town 

262814918

Statutory Benefits :-

• Responsible for directing and planning the day-to-day operations on Retirement benefits like as Defined Benefits and contribution schemes -Provident Fund, Gratuity Fund and Pensions fund.

• Hands-on experience in managing the processes for gratuities, superannuation benefits, and pension schemes administered by LIC including contribution, headcount submission, funding basis the actuarial reports, policy maintenance & merger and annuity settlement.

• End to End management of In-house provident fund which includes contribution, fund investments, PF settlement (Withdrawal, Transfer & Loans ), Interest calculation, Cash flow, books of accounts and Trustee meetings.

• Practical experience in managing the statutory and regulatory compliance associated with PF, SAF, gratuity, and SAF trust administration, including tax remittances, return filings, closure of accounts books, and annual statutory trust audits.

• Responsible for ensuring appropriate controls are in place and all processes are always maintained in an audit ready state to meet compliance and corporate governance standards.

• Regular and timely communication with the payroll team, Benefit Partners, and retirement and benefit vendor partners across the cluster is essential to ensure effective governance and controls in existing processes, as well as to collaborate with LIC and EPFO for the regular resolution of key disputes.

Corporate Benefits :-

• Responsible for directing and planning the daily operations related to corporate benefits and allowances (Mediclaim, life insurance, leave travel, company car, childcare, meal, and other flexible benefits)

• Performing End to End responsibility of Checker and controller in terms of Corporate Benefit disbursement.

• Actively participates in discussions to simplify, streamline, re-engineer, automate and/or outsource processes to increase efficiency, reduce complexity and eliminate unnecessary cost. Contribute to a culture of continuous improvement within HR Ben OPS to support achievement of productivity goals.

• Vendor Management.

Qualifications:

• Strong knowledge with of Key Benefits and allowance program and operation including statutory rules and regulations.

• Must have at least 8 to 10 yrs. experience in managing Key Benefits and allowance program and operation including statutory rules and regulations.

• Must have experience in managing headcount more than 12 K employees.

• Must have equivalent experience and knowledge of Retirement benefits and taxes

• Should have sound knowledge of payroll systems and logics -Workday/ERP

Education:

Time Type: