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The Senior Associate is responsible for calculating and validating business performance incentives while ensuring accurate and timely payouts. They will also focus on automating internal processes and managing databases to enhance operational efficiency and reporting.
Calculate incentives as per approved policies, ensuring timely and accurate payouts
To independently review and automate existing business performance & incentive process. Also, automate other internal processes wherever possible to bring in more efficiency and reduce TAT
To overlook the Business Performance & Incentive payment process which includes obtaining required data and Validating and calculating performance & payouts as per approved policies
To implement adequate controls in the process & set up processes & SLA’s with Business & stakeholders to enable and accurate and timely MIS/payouts
To liaise with Unit Managers to resolve issues and continuously enhance Business Performance & Incentive payout process
To manage Business Performance and incentives database for detailed analysis
Adhere to the SLA’s and ensure monitoring, for delays
Resolve issues related to data, policies and processes in collaboration with stakeholders and ensure necessary approvals and documentation is maintained for Audit records
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