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     •    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