Lead Associate (36409)

Requisition ID 36409 - Posted  - India

About Voya:

Voya India (earlier VFISLK) started out as a joint venture between U.S. financial services company Voya Financial and SLK, a software services company and is head quartered at Bangalore. As of Aug 2023, we are a wholly owned subsidiary of Voya Financial. We are a dynamic technology & business process transformation company that provides world-class technology & business process management services, with an emphasis on quality, speed & optimization driven through automation. We support and deliver innovative solutions to Voya's Retirement, Employee Benefits, and Investment Management businesses.
More information about us is available at: https://www.voyaindia.com

Role Summary:

Compensation Administration & Execution
Owns end-to-end processing of commissions, bonuses, and draws, including monthly
close cycles, payout validation, and approvals.
System Ownership (Incentive Management)
Manages the compensation platform (e.g., SAP Incentive Management), including data
accuracy, plan configuration support, and issue resolution.
Commission Accuracy & Timing
Ensures associates are paid accurately and on time, serving as the control point for
compensation data integrity and payout readiness.
Accruals & Financial Coordination
Supports accrual calculations and works cross-functionally with Finance/Accounting

Roles & Responsibility:
Issue Investigation & Resolution
Troubleshoots discrepancies (e.g., missing deals, plan changes, terminations) and
partners with Sales Ops, HR, and Finance to resolve them.
Process Documentation & Knowledge Transfer
Builds and maintains documentation (processing guides, participant records, position
records) and supports knowledge transfer for continuity
Accounting experience is helpful but not required

Primary Skill:

Compensation Administration & Execution

Secondary Skill:

Advanced Excel, Problem solving

Qualifications:

Graduation

Location:

                          Bangalore/Pune/Noida/ Hyderabad