Senior Manager/ AVP Human Resources (HR) | Mumbai

Company:

India’s first CAPEX (capital expenditure) enabling platform and FinTech group. It provides highly innovative equipment related solutions across all the segments in India. It has set up a platform to provide a large number of equipment related services right from purchase of the equipment to financing it to recycling the used machinery at the end of the tenure.

Overview:

We are seeking an experienced and dynamic Senior Manager/ AVP Human Resources (HR) to lead the HR department of the entire group of companies of our client. The ideal candidate should possess a strategic mindset, excellent leadership skills, and a comprehensive understanding of HR functions. You will be responsible for developing and implementing HR policies, managing talent acquisition, fostering employee engagement, and ensuring compliance with employment laws and regulations. The role will span for the entire Group that may consist 2 to 3 entities with total employee strength of 100 to 120 over next 2 years.

Key Responsibilities:

1. Strategic HR Leadership:
   • Develop and execute HR strategies aligned with the company’s goals, ensuring
     a positive and inclusive workplace culture
   • Collaborate with leadership to align HR initiatives with overall business objectives.
2. Payroll Administration:
   • Oversee end-to-end payroll processing, ensuring accuracy, compliance, and
     timely disbursement
   • Manage payroll-related functions, including tax withholding, benefit deductions, and other relevant aspects
   • Stay abreast of payroll laws and regulations, implementing necessary changes to maintain compliance
   • Manage employee insurances and coordination with the insurance company.
3. Compliance Management:
   • Ensure compliance with local, state, and federal employment laws and regulations
   • Regularly audit HR practices to identify and rectify compliance gaps
   • Implement and update HR policies and procedures to reflect changes in regulations
   • Undertake appropriate background checks.
4. Talent Acquisition and Management:
   • Lead the recruitment process, ensuring a seamless onboarding experience for
     new hires and exit procedures for out going employees
   • Develop strategies for talent retention, career development, and succession planning.
5. Performance Management:
   • Oversee performance evaluation processes, providing guidance on performance improvement and recognition initiatives.
6. Employee Relations:
   • Manage employee relations issues, ensuring fair and consistent treatment and
     resolution of conflicts
   • Provide guidance to management on handling employee-related matters.
7. Training and Development:
   • Identify training needs, develop programs, and support employee career growth.
8. HR Administration:
   • Oversee HR administration functions, including benefits administration and HRIS management
   • Manage recruiting agencies and consultants
   • Work on technology platform to ensure all compliances and other HR initiatives.
9. Budget Management:
   • Develop and manage the HR budget, optimizing processes for cost efficiency.

Requirements:

1. Master degree in Human Resources, Business Administration, or related field
2. Minimum of 7 years of progressive HR experience, with at least 2 years in a leadership role
3. Proven track record of developing and implementing HR strategies that drive business results and foster a positive workplace culture
4. Strong knowledge of employment laws, regulations, and best practices
5. Excellent leadership, communication, and interpersonal skills
6. Demonstrated ability to build and maintain effective relationships with employees at all levels of the organization.