MANAGER - Corporate HR

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Date: Feb 18, 2024

Location: IN

Company: Varun Beverages Ltd

About Us

Varun Beverages Limited (VBL or Company) is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world (outside USA). The Company produces and distributes a wide range of carbonated soft drinks (CSDs), as well as a large selection of non-carbonated beverages (NCBs), including packaged drinking water sold under trademarks owned by PepsiCo. PepsiCo CSD brands produced and sold by VBL include Pepsi, Diet Pepsi, Seven-Up, Mirinda Orange, Mirinda Lemon, Mountain Dew, Mountain Dew Ice, Seven-Up Nimbooz Masala Soda, Evervess, Sting, Gatorade and Slice Fizzy Drinks. PepsiCo NCB brands produced and sold by the Company include Tropicana Slice, Tropicana Juices (100%, Delight, Essentials), Nimbooz, as well as packaged drinking water under the brand Aquafina.

VBL is part of the RJ Corp group, a diversified business conglomerate with interests in beverages, quick-service restaurants, dairy and healthcare. VBL’s Promoter and Chairman Mr. Ravi Kant Jaipuria has an established reputation as an entrepreneur and business leader and is the only Indian to receive PepsiCo’s International Bottler of the Year award, which was awarded in 1997. He was also awarded the ‘Distinguished Entrepreneurship Award’ at the PHD Annual Awards for Excellence 2018.

Purpose of the Job

Support  Compensation & Benefits Strategy for the Organization. Drive strategic Projects/Programs in C&B domain in partnership HR Leaders and Senior Leadership.

Job Context:

Responsible for Job Evaluation, HRIS Implementation, PMS, Merit Increase, Compensation Benchmarking and Variable Pay.

Challenges: 

Incumbent should be able to work/support in establishing the C&B function in organization.  

Details of the Job

Job Role/ Title: Manager – C&B Level: M04
Business Unit:    Function:

Human Resources

Country: India Work Location:  
Reporting Manager:

Head of Compensation & Rewards   

Manager’s Manager: Group CHRO
Matrix Manager:   Team Size  
    No. of Direct Reportees:  

Key Accountabilities(1)

Accountabilities Scope of work
Job Evaluation Lead Job Evaluation process in organization.
HRIS Implementation resources  Lead HRIS (SAP SuccessFactors) implementation in organization. 
Compensation Management Support the development, review and implementation of compensation and benefits programs under the Total Compensation Framework.
Compensation Management

Coordinate and provide support in various annual C&B exercises, such as pay review, benefits review, staff cost budgeting, etc

 

Key Accountabilities(2)

Compensation Survey Participate in salary and benefits benchmarking, analyze market data and provide recommendations for enhancement.
Manpower Planning and Budgeting Control the annual compensation budgets planning, forecasting, reviews and analysis.
Position Management Control the Headcount & Employee cost through carefully managed position management.
HR Policies

Create/ Harmonize/ Update HR Policies, SOP and Process Flow

 

Key Interface

External Interfaces Internal Interfaces

HR Consultants i.e. Aon, Mercer, Willis Towers Watson

Business Heads, Functional Heads and Site Heads

 

Education & Experience

Indicate the education level, previous experience, specific knowledge, skills and abilities required to meet minimum requirements for this Job..

Eductional  Qualification
(Highest) with Target
Institute

MBA in Human Resources Management or related subjects. 10+ years relevant experience in sizable or multinational companies.

Desired Certifications:

Certification in Compensation & Benefits/ Total Rewards

Experience Range:

10 – 15 years

Desirable experience:

Knowledge of Job Evaluation Process and HRIS Technology implementation would be an added advantage.

Passion for market data and analytical eye and skilled communicator Advanced MS Excel and MS Power Point skills

 

Competencies

Self & Team Leadership
Adaptability
Business Acumen & Data Orientation
Driving Results
Cultivates Collaboration
Customer Orientation
Entrepreneurial & Ownership Mindset

Skills Required(1)

Functional Skills: (Functional Expert)

  • Good Knowledge of
  • Compensation Benchmarking,
  • Job Evaluation
  • MS-Excel

 

Behavioral Skills: (Expert)

  • Good Interpersonal Skill
  • Good Communication Skill

Skills Required(2)

  • General Awareness:  Knows the fundamental or general understanding of concepts.
  • Working Knowledge:  Has broad job knowledge; knows and applies the full range of concepts and practices.  Has broad / working knowledge of the subject. Candidate should use these concepts in day to day practices.
  • Functional Expert: Candidate is certified functional expert with strong knowledge on concepts.
  • Mastery: Candidate is subject matter expert and has command over the subject/ concepts.

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