Lead Consultant(Product/Domain)
Finance, Banking & Legal · Banking & Investments · Financial Analysis · Risk Management
In short
Responsibilities
- Manage annual bonus cycles (2-3 cycles)
- Configure Variable Pay in SuccessFactors
- Manage bonus plans and templates
- Define eligibility rules
- Manage business and individual goals and weightings
- Configure assignment groups
- Set up bonus calculation rules
- Define payout curves
- Configure proration logic
- Manage route maps and permissions
- Prepare payroll handover files
- Perform payroll cut-offs
- Process bonus payouts
- Ensure validation before payroll release
- Conduct test scripting
- Provide UAT support
- Perform regression testing
- Generate reconciliation reports
- Utilize validation frameworks
Requirements
- 6+ years hands-on SuccessFactors Variable Pay experience
- Experience managing at least 2-3 annual bonus cycles
- Strong understanding of bonus calculations and incentive plans
- End-to-end ownership from configuration through payroll handover
- Strong SuccessFactors Variable Pay Expertise
- Variable Pay configuration
- Bonus plans and templates
- Eligibility rules
- Business goals & weightings
- Individual goals
- Assignment groups
- Bonus calculation rules
- Payout curves
- Proration logic
- Route maps and permissions
- Understanding of bonus-related EC fields
- Understanding of compensation data
- Understanding of job changes
- Understanding of hire and termination dates
- Understanding of organizational changes
- Understanding of rating imports from Performance & Goals
- Strong Excel Skills
- VLOOKUP/XLOOKUP
- Complex formulas
- Pivot tables
- Data validation
- Large-scale reconciliation
- Audit checks
- Data analysis
- Testing & Reconciliation Skills
- Test scripting
- UAT support
- Regression testing
- Control totals
- Reconciliation reports
- Validation frameworks
- Payroll output verification
- Payroll Exposure
- Experience with payroll handover files
- Understanding of payroll cut-offs
- Understanding of bonus payout processing
- Understanding of country-specific payment deadlines
- Understanding of validation before payroll release
Desired Qualifications
- SuccessFactors Variable Pay Certification
- SuccessFactors Compensation experience
- VBA knowledge
- Power Query
- Power BI
- Executive compensation programs
- SOX/Audit-controlled environments
- Multi-country payroll exposure
Benefits
- Supercharge your potential
- Find your career
- Find your spark
- People-first approach
- Global technology company
- Opportunities across digital, engineering, cloud and AI
Skills
HCLTech is a global technology company, home to 219,000+ people across 54 countries, delivering industry-leading capabilities centered around digital, engineering and cloud, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending September 2022 totaled $12.1 billion. To learn how we can supercharge progress for…
Company
HCLTechJob Posted
4 days ago
Employment Type
Full Time
Work mode
On Site
Experience Level
Mid-Senior
Locations
Bengaluru, India
Applicants
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