drjobs Workday Compensation and Benefits Systems Analyst

Workday Compensation and Benefits Systems Analyst

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1 Vacancy
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Job Location drjobs

Bengaluru - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Your Team Responsibilities

  • Lead the design configuration and testing of compensation and benefits processes within the Workday HCM platform ensuring accurate data flow and compliance with company policies.
  • Provide system maintenance and troubleshooting for compensation benefits and payroll systems ensuring they are uptodate and functioning seamlessly.
  • Collaborate with HR IT Finance and other stakeholders to gather system requirements analyze business needs and provide recommendations for system improvements.
  • Manage the advanced compensation processes including merit cycles bonus plans stock options and other compensation programs ensuring proper setup in Workday.
  • Handle the configuration of benefits within Workday ensuring all benefit plans are accurately set up enrollment options are available and compliance is met.
  • Perform data analysis and reporting within Workday providing meaningful insights on compensation trends benefits utilization and program performance.
  • Support Workday system upgrades and releases ensuring the compensation and benefits modules are properly tested and aligned with the latest features.
  • Serve as a subject matter expert on Workday Advanced Compensation and Benefits providing training and support to users across the organization.
  • Ensure data integrity and perform regular audits to verify the accuracy of compensation and benefits data within Workday.
  • Troubleshoot and resolve system issues and escalate complex issues to the appropriate teams ensuring minimal disruption to business operations.

Your Key Responsibilities

  • System Configuration and Optimization: Configure and maintain the Workday system for advanced compensation and benefits processes ensuring they are aligned with business goals and industry best practices.
  • Reporting and Analytics: Develop and run reports to monitor compensation and benefits data identifying trends and providing actionable insights to leadership.
  • Collaboration with CrossFunctional Teams: Work closely with HR Finance IT and Payroll teams to align Workday configurations with evolving business requirements and compliance standards.
  • Testing and Documentation: Participate in functional testing of new system functionality and document processes for future reference and training.
  • User Training and Support: Provide training and enduser support for Workday compensation and benefits modules ensuring stakeholders are wellequipped to use the system effectively.
  • Continuous Improvement: Proactively recommend process improvements and system optimizations to streamline workflows and improve system performance.
  • Compliance and Audits: Ensure compensation and benefits data within Workday meets compliance standards and organizational policies performing audits as necessary.

Your skills and experience that will help you excel

  • Workday Expertise: Indepth experience with Workday HCM specifically Advanced Compensation and Benefits modules (including compensation cycles bonus plans stock options benefits configurations).
  • Technical Proficiency: Strong understanding of Workday report writing data transformation and integrations with external systems.
  • Compensation and Benefits Knowledge: Solid understanding of compensation structures (base pay bonuses equity etc. and benefits plans (healthcare retirement Insurance etc. with the ability to configure and troubleshoot within Workday.
  • ProblemSolving: Strong analytical skills and the ability to diagnose and resolve system issues quickly.
  • Attention to Detail: Exceptional attention to detail with a focus on data integrity accuracy and compliance.
  • Project Management: Proven ability to handle multiple tasks prioritize deadlines and manage projects within a fastpaced dynamic environment.
  • Communication Skills: Excellent verbal and written communication skills with the ability to work collaboratively across crossfunctional teams.
  • Experience with HRIS systems: Prior experience in implementing or supporting HRIS systems particularly in compensation and benefits areas is highly preferred.
  • Bachelors Degree: Degree in Engineering Information Systems Business Administration or a related field preferred. Equivalent work experience will be considered.

About MSCI

What we offer you

  • Transparent compensation schemes and comprehensive employee benefits tailored to your location ensuring your financial security health and overall wellbeing.
  • Flexible working arrangements advanced technology and collaborative workspaces.
  • A culture of high performance and innovation where we experiment with new ideas and take responsibility for achieving results.
  • A global network of talented colleagues who inspire support and share their expertise to innovate and deliver for our clients.
  • Global Orientation program to kickstart your journey followed by access to our platform LinkedIn Learning Pro and tailored learning opportunities for ongoing skills development.
  • Multidirectional career paths that offer professional growth and development through new challenges internal mobility and expanded roles.
  • We actively nurture an environment that builds a sense of inclusion belonging and connection including eight Employee Resource Groups. All Abilities Asian Support Network Black Leadership Network Climate Action Network Hola! MSCI Pride & Allies Women in Tech and Womens Leadership Forum.

At MSCI we are passionate about what we do and we are inspired by our purpose to power better investment decisions. Youll be part of an industryleading network of creative curious and entrepreneurial pioneers. This is a space where you can challenge yourself set new standards and perform beyond expectations for yourself our clients and our industry.

MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research data and technology we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industryleading researchenhanced solutions that clients use to gain insight into and improve transparency across the investment process.

MSCI Inc. is an equal opportunity employer. It is the policy of the firm to ensure equal employment opportunity without discrimination or harassment on the basis of race color religion creed age sex gender gender identity sexual orientation national origin citizenship disability marital and civil partnership/union status pregnancy (including unlawful discrimination on the basis of a legally protected parental leave) veteran status or any other characteristic protected by law. MSCI is also committed to working with and providing reasonable accommodations to individuals with disabilities. If you are an individual with a disability and would like to request a reasonable accommodation for any part of the application process please email and indicate the specifics of the assistance needed. Please note this email is intended only for individuals who are requesting a reasonable workplace accommodation; it is not intended for other inquiries.

To all recruitment agencies

MSCI does not accept unsolicited CVs/Resumes. Please do not forward CVs/Resumes to any MSCI employee location or website. MSCI is not responsible for any fees related to unsolicited CVs/Resumes.

Note on recruitment scams

We are aware of recruitment scams where fraudsters impersonating MSCI personnel may try and elicit personal information from job seekers. Read our full note on careers.msci


Required Experience:

IC

Employment Type

Full-Time

Company Industry

About Company

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