Job Description

Role : Manager - Trust & Statutory Compliances
A. Job Purpose

• To manage end-to-end activities related to all the Pension Trusts & PF Trusts

• To deal with Beneficiaries, LIC, Subsidiary Companies of Air India and other Stake Holders including 3rd Party Vendors etc.
• To ensure annual accounting, auditing and completion of all the statutory compliances by the Trusts
• To ensure all the activities related to Payroll Compliance
• To deal with 3rd Party Vendor for development and operation of Portal for Pension Trusts
• To manage operation of Retiree Portal to be developed

B. Key Accountabilities

• To ensure completion of end to end activities related to all the Pension & PF Trusts in respect of all beneficiaries including earlier Annuitants and demise cases etc.
• To collaborate with LIC and other Stakeholders, Auditors, 3rd Party Vendors from time to time for resolution of issues
• To liaise with other subsidiary Companies of e/w Air India for contribution of pension amount and further submission to LIC and also resolution of issues of its beneficiaries
• To manage all the annual accounting and auditing activities of all Pension Trusts and also ensuring Compliance of all applicable laws, regulations etc
• To collaborate with HR, Payroll and finance team to ensure seamless and timely submission of Pension subscription to LIC.
• To provide and maintain requisite data/details in respect of employees whose PF has been transferred to EPFO recently and support in winding up of PF Trusts including liaisoning with EPFO
• To manage end to end activities related to the Portal for retired employees and resolve their queries and requirements

Additional Requirements:
Any other additional responsibility could be assigned to the role holder from time to time as a standalone project or regular work. The same would be suitably represented in the Primary responsibilities and agreed between the incumbent, reporting officer and HR.
C. Skills/Qualities Required
Quantitative Acumen Strong Interpersonal skills
Analytical Approach Strong Negotiation Skills
Process Orientation Competitor Awareness
D. Key Performance Indicators
Pension & PF Trust Compliance Rate
Audit Completion Timeliness
Beneficiary Issue Resolution TAT
LIC Submission Accuracy & Timeliness
EPFO Liaison Effectiveness
Retiree Portal Operational Efficiency
Stakeholder Coordination Score
E. Key Interfaces
Internal
HR & Payroll Team
Finance & Accounts
External
LIC (Life Insurance Corporation)
EPFO
3rd Party Vendors (Portal Development & Audit Support)
F. Educational and Experience Requirements
Minimum Education requirements o Graduate. Preference will be given to candidate, holding MBA/Post graduation diploma in Finance/Human Resource Management
Experience Minimum Desired

• 7-9 years of experience in managing Pension or similar type of Trusts
• Experience in the aviation sector is an added advantage
• Experience in dealing with EPFO and/or other Statutory enforcement agencies is an added advantage

Skills Required